Austin Landmark Property Services

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June 2017

Address
11573 Jollyville Rd.
Austin, TX 78759

Mailing Address
PO Box 202344
Austin, TX 78720

Contact Us
Phone: 512.794.8171
Email: info@alpsmgmt.com
Website: www.alpsmgmt.com

View Owner Statements

Our Services

  • 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
  • Managing For
    YOUR Success

    Rick Ebert REALTOR® MPM®
    CEO
    512.794.8171 X 217
    alpsmgmt@alpsmgmt.com

    Karen Ebert REALTOR® MPM®
    COO
    512.794.8171 X 215
    karen@alpsmgmt.com

    Mike Ebert, REALTOR®, RMP®
    Director of Property Management
    512.794.8171 X 211
    mebert@alpsmgmt.com

    Marc Witmer REALTOR?
    RMP® MPM®

    Property Manager
    512.794.8171 X 222
    marc@alpsmgmt.com

    Pam Fite
    Assistant Director of Operations
    512.794.8171 X 214
    pam@alpsmgmt.com

    Mike Gonzales, REALTOR®, TRLS®
    Property Manager
    512.794.8171 X 218
    mike@alpsmgmt.com

    Shelly Longoria, REALTOR®, TRLS ®
    Property Manager
    512.794.8171 X 210
    shelly@alpsmgmt.com

    Jason Majek, CPA
    Accounts Coordinator
    512.794.8171 X 216
    jason@alpsmgmt.com

    Yvonne Dougherty, CTA
    Leasing and Management Coordinator
    512.794.8171 X 220
    yvonne@alpsmgmt.com

    Jeff Ebert
    Maintenance Coordinator
    512.794.8171 X 224
    jeff@alpsmgmt.com

    Best Practices

    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.

    The Summer is Looking Good for Real Estate

  • May 2017 was the highest grossing month for Central Texas Real Estate in the region's history.
  • Strong gains in listings activity as well as pending sales activity in Central Texas
  • New Home sales up in Cedar Park and Pflugerville
  • Austin based Home Away adding 2,000 new jobs
  • 1 Million Fewer Homeowners today than 10 years ago nationwide
  • See Rick's blogs on the ALPS Facebook page>>


    Credit Reports Are NOT Enough

    Many people think tenant-screening means only obtaining a current credit report. This information is important in today’s rental market and they contain more details than ever before. There are continual changes to the Fair Credit Reporting Act, FCRA, because landlords, employers, and businesses consider credit ratings a valuable source.

    Then why is a credit report not enough? Running a credit history and relying on just one area for approving an applicant is simply not comprehensive enough. A credit report just does not give you ALL the facts, and in particular, does not reflect how that person will maintain your property. Credit reports do contain a lot of information, but you need to have several sources to give you a “complete picture” of the person you are considering as a future tenant.

    This process starts with our comprehensive tenant application. This gives us written permission from the applicant to obtain a credit report, which is an important part of the Fair Credit Reporting Act. Without this authorization, property owners are liable for illegally obtaining credit information.

    The application also provides us with other information needed to determine the tenant’s qualifications.

  • Rental history or ownership – how will they take care of the property?
  • Reliable income – can they support the property every month?
  • Personal references

  • “Cross-referencing” this information on the credit report to the application is very important.
  • Does the credit report reflect the same addresses the applicant has listed? This is very important for ferreting out “additional residences”; the applicant might not want to show them due to rental history problems or recent evictions not yet reflected on the credit report.
  • Does the credit report show any conflict on employment or income on the application?
  • Does the credit report reflect the correct birth date and social security number? They could be using the information of another family member with a similar name.
  • Does the credit report reflect bankruptcies or an eviction that the tenant has failed to disclose?

  • A credit report sometimes reflects the name of the employer. However, it does not usually show income details, their supervisor, or other important details of employment. Requiring “verifiable” written documentation for income, such as W-2’s, tax statements, and other sources from the applicant is the way to obtain this documentation, as well as calling for verbal verifications. In addition, a credit report will not show many other types of incomes, such as trusts, investments, welfare payments, or more.



    ALPS Associations

    The material provided in this newsletter is for informational and educational purposes only.
    It is NOT legal advice. Although we believe this material is accurate,
    we cannot guarantee that it is 100% without errors.

     







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