Just like any other industry or market, Austin provides rental property owners with various options of property management companies to partner with. While these companies all provide similar services, just like with anything else, that there will always be differences. In any market you’ll find big money players, those willing to do it for less than anyone else, and everywhere in-between.
Discount property management is marketed everywhere. One low monthly fee and the company will handle every headache and issue with the utmost responsiveness – or will they? Property management is no easy task and requires a lot of moving parts and coordination with teams. Yes, your Austin rental property is a house, but it’s much more than that. It’s an asset that requires great management and care to consistently see high ROI. So you’re paying someone a flat fee of $40-50/mo, how much of a priority is your property for them at that rate? Be wary of property managers offering a what seems to be an unbeatable price – hiring the RIGHT property manager will be the best decision you ever make – not the cheapest.
Stone Oak Property Management, like some other property managers in Austin Texas, provides our owners with premium property management services for a low monthly percentage of your rental rate. When you call around and do your shopping for your next property manager, ask them how their business model runs and how extensive and helpful their staff is. You’ll often find that the low monthly option guys only have one individual overseeing a multitude of properties due to inability to hire a full-time staff – so are you a priority?
When starting our company, our founders looked to inspiration from many property managers across the nation and discussed with them how their model was set up, what we needed to charge to provide our clients with a profitable asset as well as a perfectly maintained one, how we could work to improve our relationships with our owners and much more. This is why Stone Oak is the only property manager in Austin TX that doesn’t lock owners into a contract, proving month in and month out
With a market like Austin’s, when it comes to property management you’re going to get what you pay for. Some managers, like Stone Oak, have found a formula that lets us house an incredible, supportive staff while providing you with the best deal and service for your rental property.
Just be sure to understand what you’re getting and what you aren’t when you partner with a discount property manager. If you’d like to learn more about Austin property management and the many benefits of partnering with the right manager, please don’t hesitate to contact our awesome team!