Austin Property Management Blog

Stone Oak Resident Update | September 2025

Grant Williams - Wednesday, August 27, 2025

Holiday Closing

Our offices are closed on Monday, September 1st, 2025, in observance of the Labor Day holiday.  The section below discusses the recent flooding and lake levels.  If you like to go out on the water the holiday is a great time to enjoy Lake Travis currently at about 88% full.  There are a lot of things happening over the weekend and we’d like to share a calendar of some of the events. 

 

Central Texas Flooding

As we all know Central Texas received...

Stone Oak Client Update | September 2025

Grant Williams - Wednesday, August 27, 2025

Labor Day Holiday Closing

Our offices are closed on Monday, September 1st, 2025, in observance of the Labor Day holiday


Real Estate Market Update

The market seems to have leveled off in terms of any big moves, and there is a lot of data showing the trend is steady. The Redfin, Zillow, and KXAN data are great resources for the bigger picture for sales, which is part of the picture for rentals. There is anticipation that the Federal Reserve may lower interest rates before the end of the year, which may stimulate the market to some extent.


Central Texas Flooding

Central Texas received quite a bit of rain in July, which made the national news because of the tragedy that occurred when i...

How to Start a Rental Property Business with No Money

Grant Williams - Monday, August 25, 2025

Getting started in real estate can feel nearly impossible without a large chunk of cash saved up. However, it doesn’t have to be. With the right strategy, creativity, and willingness to learn, you can start a profitable business with little to no money out of your own pocket. Today, we’ll review how to start a rental property business with no money and provide strategies that have brought several investors success.


House Hacking for Equity and Cash Flow

One of the easiest ways to break into the real estate space with little money down is by house hacking. The concept of house hacking is simple–you buy a property, live in part of it, and rent out the rest. This may be a multi-unit property, or you could even rent out extra bedrooms in a single-family home.

Since you’d be living in the property, you may qualify for low-down-payment loans like a Federal Housing Administration (FHA) loan or a U.S. Department of Veterans Affairs (VA) loan. Then, the rent from your tenants can cover most, if not all, of your mortgage, allowing you to live for free while building equity. During this time, you’re also gaining property management experience–similar to what a property manager in Austin might handle– by managing tenants, keeping up with maintenance, and more.


Investor Par...

Are Landlords Responsible for Unpaid Utility Bills?

Grant Williams - Monday, August 18, 2025

When it comes to rental properties, one of the biggest questions is, “Are landlords responsible for unpaid utility bills?” However, the answer isn’t always simple–usually, it depends on several factors, like your lease agreement and whose name the utility accounts are in. Today, we’ll review who’s typically responsible for utility bills, what happens if a tenant leaves without paying, and how to avoid getting stuck with unpaid bills.

Key Takeaways:

● Whether landlords are responsible for unpaid utility bills depends on the lease agreement and whose name the accounts are in.

● If utilities are in the landlord’s name, they may be liable for unpaid bills, but they can deduct costs from the tenant’s security deposit.

● Clear lease terms, regular inspections, and good communication can help landlords avoid getting stuck with unpaid utility bills.


Who Is Typically Responsible for Utility Bills?

Typically, the responsibility for utility bills depends on your lease agreement. Sometimes, the landlord is responsible; sometimes, tenants pay the bills, and other times, there are special circumstances. Ultimately, it all depends on what’s outlined in the lease agreement. Here’s how it usually breaks down.

  • If Utilities Are in the Landlord’s Name - When the utilities are in the landlord’s nam...

8 Top Advantages of Having a Roommate

Grant Williams - Monday, August 11, 2025

Planning to take the next step and move out of your childhood home? Or are you moving to a new city for a potential job opportunity? Whatever the reason may be, the rising housing costs and living expenses can put real pressure on your finances. Now, getting a roommate to split the bills is one effective way to save money. But more than that, what else could the advantages of having a roommate be? Continue reading to find out! 

 

1. Shared Rent = Lower Housing Costs

First and foremost, one of the most evident benefits of living with a roommate is that you can significantly save up on rent and other bills. Regardless of whether you’re sharing a small apartment with one roommate or a single-family home with several others, having roommates can significantly lower your housing costs.  

Based on our experience as property managers in Austin

Are Landlords Required to Supply Hot Water?

Grant Williams - Tuesday, August 5, 2025

When you rent a house or an apartment, you expect to have all the basic necessities in place. You expect to have heat and air conditioning, running water, and locks on the door. The question is, do landlords have to provide hot water as well? To settle this, here’s a comprehensive review of your rights as a tenant and your landlord’s responsibilities when it comes to providing hot water in their rental properties.

3 Key Takeaways

  • Texas landlords are legally mandated to provide their tenants with hot water in their rental properties.
  • In case of hot water issues, landlords are given a reasonable time to fix the problem.
  • Communicating early signs of hot water problems is key to timely repair and avoiding added inconveinence.


What the Law Says (and Where It Applies)

Based on our experience in property management in Austin, we’ve encountered cases where both tenants and landlords are unclear about their responsibilities. When this happens, it’s always best to just go back and review what the lease, federal law, and state regulations have to say about it. 

Now, according to the implied warranty of habitabilit...

Stone Oak Resident Update | August 2025

Grant Williams - Wednesday, July 30, 2025


Annual Inspections and Lease Renewals

Inspections are a requirement of the lease and getting them scheduled quickly can help move along the lease renewal process if applicable.   If you're up for renewal this must be completed before any renewal paperwork is sent, so please get back to us as soon as possible if we’ve reached out to you.  

 

Maintenance Emergencies

We have been getting a lot of afterhours calls for HVAC issues, however these are not considered emergencies although we try to handle them promptly if at all possible.  Generally, the guidelines for what is considered an emergency relate to Flood, Blood, and Fire.   If you report an HVAC or other issue we will certainly do our best to handle it at the earliest poss...

Stone Oak Client Update | August 2025

Grant Williams - Wednesday, July 30, 2025

Real Estate Market Update

The trend towards what appears to be a market correction doesn’t seem to have changed. Recently we have seen articles that discuss property owners becoming accidental landlords because they cannot sell their properties and data showing that Austin growth is slowing. We’ve also seen increasing numbers of foreclosure properties at the county auctions through data shared by agents who track that info, and overall, the rental market continues to get more competitive. We can’t stress enough the importance of considering incentives and extremely competitive rental pricing if you have or wish to minimize a vacancy that isn’t leasing.  Please discuss options with your property manager and leasing agent. 


August Sales Tax Holiday

The State of...

How Long Should Landlords Keep Rental Records?

Grant Williams - Tuesday, July 29, 2025

A key part of running a rental property business is maintaining complete, accurate, and organized rental documents. Having important records on hand, such as tenant lease agreements and repair and maintenance records, is essential to keep yourself protected against lawsuits and disputes. However, this begs the question of how long should landlords keep rental records?

To help you with this, we’ll provide you with a comprehensive guide on rental property recordkeeping. We’ll review the importance of rental records, the key types of tenant documents that you should keep, and more.

3 Key Takeaways

  • Landlords must keep key rental records and documents for at least 3 to 6 years.
  • Having accurate and up-to-date rental records is essential for legal and financial protection.
  • Key documents, such as lease agreements, tenant screening reports, and maintenance records, must be retained long-term in case of disputes.


Why Keeping Rental Records Matters

In our experience as an Austin property management company, we know the importance of keeping rental records. Let’s say that you have an applicant come and dispute that you rejected their application in violation of the Fair Housing Laws. However, you know that it was...

How Often Do Landlords Have to Replace Carpet?

Grant Williams - Monday, July 21, 2025

When you rent an apartment, one of the things that you should check out is the condition of the carpet. Carpet is a fairly popular choice in rental properties. But - ever wonder how often do landlords have to replace carpet in their rentals? Continue reading to learn more!  

3 Key Takeaways   

  • In Texas, landlords aren’t legally required to replace carpet after a set number of years unless the condition becomes a health or safety issue. 

  • 512.617.6766
    New Accounts: 512.617.6766 ext.3
    Toll Free: 888.892.7940
    Fax: 512.994.2300

Copyright © 2025 Stone Oak Property Management. All Rights Reserved.
Sitemap

Stone Oak Management is committed to ensuring that its website is accessible to people with disabilities. All the pages on our website will meet W3C WAI's Web Content Accessibility Guidelines 2.0, Level A conformance. Any issues should be reported to jason@stoneoakmgmt.com. Website Accessibility Policy