1,463 SF | 3 Bed | 2 Bath
Austin Property Management Blog
[Featured] 5514 Delwood Drive | Austin Homes For Rent
System - Monday, March 26, 2018
[Video] 11606 Crosstimber Drive, Austin
System - Wednesday, March 21, 2018
Tax Write Offs For Your Austin Rental Property
System - Wednesday, March 14, 2018
Owning a rental property has always offered great benefits to the owner. Almost all of their expenses can be deducted come tax season due to owning properties being treated similar to owning a business.
Tax season is approaching and many of you may be preparing close out your fiscal year with as many helpful deductions as possible. Here are a few tax deductions to keep in mind for your Austin, Texas rental home in 2018.
You Can Write Off Interest
Most property owners already know that they are able to write off the interest they pay on their mortgage for their investment property. This is typically the largest write-off of the year for any owner, however, there are several other types of interest one can write off for their property. Be sure to write off any interest paid on credit cards, lines for credit, and any other loan used to acquire, maintain, or improve your Austin rental.
Don’t Forget About Depreciation
In a city like Austin, you might not expect to be able to write of depreciation for your property. After all, hasn’t most of Austi...
Austin Homes For Rent: 8309 Horton Trail
System - Tuesday, March 13, 2018
The Austin Property Management Cycle
System - Sunday, March 4, 2018
It's that easy! Get started with Stone Oak's Austin property managers today and learn more about our Austin property management services!
5 Reasons to Fire Your Property Manager
System - Monday, February 26, 2018
If you own rental properties in Austin, Texas, or any other major rental city, there is a good chance you outsource your day-to-day management for your property(s). A property management company will offer resources for your property that you, as the owner, just can’t provide. They have systems in place to lease your property quickly and then insure tenant satisfaction throughout the duration of their lease. Your property management company is a third party dedicated to relieving you from the stress of owning rental properties.
When the headaches begin returning to you, you’ve got problems. The instant you even begin to have to worry about your property you’re on the track to run into some problems. With nothing short of a plethora of management companies to choose from, spending time working with a property manager who isn’t getting the job done can be a costly mistake. Here are 5 reasons you may fire your current property manager for greener pastures.
Your Property Manager is Unresponsive
Imagine you own a business and are tasked with hiring a team of employees to properly run your business. You would most definitely target employees you felt you could trust and would be responsive to you as their boss. The same goes for hiring a property management company. ...
[Video] For Lease: 1150 Arbor Knot Drive
System - Tuesday, February 20, 2018
Rental Homes: What's a Good Cap Rate?
System - Sunday, February 4, 2018
As with any investment, everyone wants to know roughly how long it will be for them to earn their initial back, otherwise known as cap rate. It’s a term that is widely used in the real estate investing world and the higher it goes the better. Usually, when discussing the cap rate, investors are dealing with a multi-family project or commercial building, but what about rental homes? What’s a good cap rate for an investment property?
No two rental properties are the same, and there is no blanket answer for cap rate. To accurately calculate the cap rate of your investment property one must consider a multitude of external factors as well as the home itself.
Where the property is located will have a big say in how lucrative your investment will be. As they say, “in real estate, location is everything.” How strong is the rental market where you are looking to purchase a rental home? Typically, large metro markets with great universities and younger population make for prime rental home locations. By knowing where you want to purchase a rental home investment property you can begin to see the bigger picture. How much will the property cost in your chosen market? What’s the unemployment rate in the area? Median househo...
[Video] 424 Canadian Springs Drive | Austin Homes For Rent
System - Sunday, January 28, 2018
424 Canadian Springs Drive, Leander, Texas 78641
New construction home in Leander available now! Be the first to live in the home!
What to Expect From an Austin Property Manager
System - Thursday, January 25, 2018
When it comes to your Austin rental properties you want the best. A rental property is an asset proven to be a great investment over time and you want to make sure it’s cared for in a way that ensures longevity, as well as income. You’ve considered your options and have decided being a full-time landlord isn’t for you and we totally understand. The instant you put occupants in the property that asset is no longer just your rental property, but also someone’s home that you must start considering when making decisions regarding you’re Austin, Texas rental property.
So you’ve decided to partner with an Austin property management company. A quick Google search reveals you have options when it comes to property managers, so how do you decide who to hire? Well, it turns out not all Austin property managers are created equal. Like any industry, you’ll find a spectrum of companies in Austin offering different services, claiming to be the #1 Austin property manager and the best financial option for you.
So what should you be expecting from your Austin property manager?
Simply put, a lot.
Property management has a lot of moving parts that need to work in unison for you to experience a stress-free time. Partnering with a dedicated tea...
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