11573 Jollyville Rd.
Austin, TX 78759
PO Box 202344
Austin, TX 78720
- Real Estate Services to Buyers and Sellers
- Out of State Property Management Company Referrals
- Maintenance and Make Ready Services for our Owners and Referring Agents
Mike Ebert, REALTOR®, RMP®
Director of Property Management
512.794.8171 X 211
Yvonne Dougherty, CTA
Leasing and Management Coordinator
512.794.8171 X 220
Check Your Insurance: Events can happen - flood, extreme heat, earthquakes, fire, and more! It is important to check your insurance to obtain the best coverage possible and ensure that it is current.Review now with your insurance agent before a disaster/emergency occurs.
If an Emergency Occurs: Please be patient and avoid tying up critical phone lines and our time. Our first priority during any emergency is to handle the situation, taking any necessary measures for the safety of your property and your tenants. Then, we will contact you as soon as we are able.
Austin Keeps Getting
Those Great Reports
- According to Freddie Mac, Austin is the second most stable U.S. housing market. We all remember what it was like to have instability in our market and how it affected our clients and residents. Our biggest challenge right now is to have our supply keep up with the demand. But this factor alone drives rental prices up for our clients properties.
- Austin is the #1 green city in Texas and 11th in the nation according to WalletHub. Categories considered were environmental quality, green lifestyle, local policies and number of farmer's markets.
- Just another reminder that tax protests were able to greatly reduce taxes for most of our clients. We think this service is one of the most value added services we provide our clients.
- Always check out our blogs on our website.
Find more news & updates on the ALPS blog >>
Twelve Proactive Resolutions For Investors
end of December is traditionally the time when people make plans for
the New Year and make their resolutions. While it is true that many
people forget their resolutions as the year progresses, here are twelve
resolutions that would insure the success of any investment at any time
of the year.
1 - Review property insurance yearly
resolution should head the list every year and now is the perfect time
to take on this task. While it is important to keep insurance current,
you need to keep up with the many changes that affect it. No one wants
to find out the coverage has expired or that it is inadequate.
2 - Organize investment tax information
is no better resolution than organizing your tax information and
maintaining records for each continuing year. Begin preparing investment
records for your tax person as soon as possible to ensure you do not
forget any important deductions.
3 - Review your ROI
time each year to review your return on investment (ROI) for each
property. If you know what your income and expenses are producing, it
can help you plan several other resolutions listed in this article, such
as a maintenance plan or possibly buying a new investment.
4 - Think preventative
is unrealistic to think your investment property will not need repairs.
Preventative maintenance may prevent costly and unnecessary major
repairs. When planning your yearly budget, create a budget for normal
5 - Plan for long-term maintenance
property is usually a long-term investment. This means roofs will age,
carpets will wear, water heaters can give out, and more. Developing a
budget for major expense will help if they happen or there is an
6 - Review your investment portfolio
this is the year to review selling your property and investing in
another. It could also be the perfect time to buy another property to
add to your portfolio. If you sell, discuss doing a 1031 exchange before
you purchase with a professional who knows the program; you do not want
unnecessary taxable gains. Contact us to provide you with realistic
rental value for any property you are considering buying.
7 - Review current tenancy
us to discuss your current tenancy periodically. It may be that a lease
renewal is pending and you may need to entice a tenant to remain in the
property. It could also be time to give a tenant a notice. Knowing what
is happening in your property is easier than an unwelcome surprise.
8 - Keep up with legislation
is always something happening in the courts when it comes to investment
property, such as bedbugs, hoarding, mold, etc. We will do our best to
keep you apprised of any big developments that can affect you. We want
to keep you informed which is why you receive this email newsletter. It
is important that you keep up with legislation that can affect your
9 - Always follow Fair Housing
Housing affects so many areas concerning investment property, such as
advertising, showings, applications, renting, etc. Violating Fair
Housing laws and regulations can be very costly for investors. Following
Fair Housing is a big key to a successful investment.
10 - Never retaliate
tenants can do very frustrating and difficult things. Sometimes this
leads to angry actions from a property owner. However, it is crucial
that a court cannot perceive any action from a property owner as
retaliation. This is sure way to lose in court. Discuss any action with
your property manager before causing a legal problem or incurring
11 - Practice risk management
of the previous resolutions are common sense. When you think about it,
they are also ways to practice risk management and protect your
investment. When you take this approach, you increase your potential for
a highly successful investment.
12 - Be part of the team
is important for property owners and property management companies to
operate as a "team." We work to protect your investment and it is more
of a success when you consider us an integral part of the team. Let us
know when you have questions or concerns and we will be happy to help
Have a Happy Holiday and a successful New Year.