Advantage Asset Property Management
In The Woodlands, TXWe serve the greater Woodlands/Conroe area, but go as far north as Huntsville and as far south as Katy. We currently manage a number of homes in Montgomery and Harris County. We look forward to serving your property management needs. We’d be happy to answer any of your questions regarding our services, policies or operations.
Our fee structure is modest and there are two primary fees that we think are the most competitive. The first is the monthly management service fee. This fee is a percentage of the monthly lease amount. The second fee that is a competitive natured fee is the leasing commission fee. We rely on local leasing and real estate agents to bring to us qualified and respectable tenant/customers. Much the same as buying or selling a home, these agents are paid a commission for their work. The commission is equal to one months’ rent of the home they are successful in placing their client/tenant. The first month’s rent will be paid to the broker and the agents involved in the transaction.
We have in place a firm and trusted policy based on best business practices to screen all that apply. We run criminal background checks nationally, eviction and civil judgment checks, and credit checks on all applicants. We run criminal background checks on anyone living in the home 18 years of age or older. All leases have standard terms such as all rent is due on the first and rent late fees are charged if payment is not received on or before the third of each month.
We are not simply rent collection specialists, but view ourselves as extensions of our owner/client’s interests, hence the name Advantage Asset Management. We inspect, visit, maintain, and care for all of our client’s property interests. Because we are family owned and operated, we maintain a personal service and commitment that I’m confident would be hard to find anyplace else. All of us are licensed real estate agents, so we can take immediate action on any problem when working with our owners, tenants or other agents when leasing your property.
Our owner services include web access to your account information and we offer our tenants the ability to pay their rent online which increases the number of on-time payments. All owners are paid around the 10th of each month and their funds are electronically deposited into the account of their choice. We maintain a 24 hour emergency phone to assist tenants at any time and to comply with Texas law and property code. We have specific office procedures in place for everything from rent collection to tenant move out procedures to ensure compliance with Texas landlord/tenant law.
Property Management Updates from the Front Lines – August 14, 2020
In this issue: July sales and lease data release by HAR Tax implications for real estate investors Some positives in a world of negatives Hello my fellow property investors. I hope all have been staying safe since my last note. I want to thank those of you that have...
We handle all aspects of managing your properties, including tenant screening, lease execution, rent collection, maintenance coordination and payment, move in/out inspections, annual required maintenance, in-person inspections, late rent collections, and evictions.
We have an advanced property management software system that provides an online owner portal that gives you full visibility and transparency into the transactions related to your property. Via the portal, owners can access both lease information and a register with all rent payments, security deposits, reserve balances, maintenance/repair items, and owner payments.
The property management software is integrated into our banking software, allowing your rent proceeds to be deposited electronically via EFT after funds have cleared (we don’t hold your money for our benefit), and we provide a statement at the end of the year with all property revenue and expenses for tax purposes.
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