Washington DC · Member since 2017 · 29 posts · 6 votes
As one part of my research into the San Antonio rental market, I'm beginning to reach out to property management companies and look into finding one willing to share information/answer my questions (and with whom I can forge a prospective future business partnership) before I start investing in the area. If anyone has a good experience with a particular company, a referral is greatly appreciated.
Residential Real Estate Broker · Cartersville, GA · Member since 2015 · 575 posts · 581 votes
9y
@Angela Liu the only two companies you should be talking to are Liberty Management or Rentwerxsa.com
Kevin Knight owns Liberty and Brad Larsen owns Larsen Property Management (now rentwerxsa) and both are two of the best property managers not just in San Antonio but in the country.
Residential Real Estate Broker · Cartersville, GA · Member since 2015 · 575 posts · 581 votes
9y
@Angela Liu the only two companies you should be talking to are Liberty Management or Rentwerxsa.com
Kevin Knight owns Liberty and Brad Larsen owns Larsen Property Management (now rentwerxsa) and both are two of the best property managers not just in San Antonio but in the country.
Good morning Rich and Angela! Referring to the mobile home park, our apologies for not being able to assist on that. We focus on single family homes or small multi family. Managing outside of that is outside of what we can handle.
Angela - our business development team will be reaching out to you today. We also have several buyer's agents who can assist in looking for a rental home.
One of the things we are developing more of as the market starts to slow down is to build an Investors Package List. Let me explain.
As the homes become tougher to sell, investors / primary resident sellers will not be able to sell homes as easy for top dollar. They will be looking for other ways to get out of a property if their situation dictates. We work with a lot of military owners and it's very often the case they want to simply free up their VA loan (selling) so they can use the VA benefits to purchase in a more expensive market. (Max VA entitlement is around $465k for this area).
Point being - as these types of owners want to sell - we want to keep those as pocket listings for our investors giving registered and signed up clients the first opportunity to buy a home. Sometimes with a tenant, lease agreement, and monthly rent already coming in.
This tells you exactly what you are getting into. You know the price, the rental income, the management company - everything is there.
It's a win / win / win for all parties. We reduce commissions to the seller - win there for buyer and seller. We offer them a quick close with no vacancy - win there. The buyer / investor wins because they get a home that would normally go on the MLS into the open market and get snagged up by a primary resident or investor ready to over-pay. Win for the buyer. We have a pre-registered client who is wanting to still work with us - we keep the home in the inventory and keep the business. Win for us.
Mention this as you talk with our business development and sales team. We look forward to assisting you.