Houston Investment Property Management – Memorial Property Management
Oct 21st, 2009 by admin
At times there are better opportunities to take advantage of in cities elsewhere than your own. This is especially true for foreign investors coming from China or Europe, using native currencies against a weakening US dollar. Should you be interested in Houston investment property for passive income, but you’re not wanting to manage long distance, hiring a management company is very efficient, and often times cost effective. Memorial Property Management is a full service property manager located in Houston, Texas.
Memorial Property Management
The contact I spoke with was a lovely lady named Robin, and here are her answers to the usual questions. First question everyone’s interested in is the monthly management fee, which is 10% or $85, whichever happens to be greater. In case of emergencies, a reserve is held to handle any issues quickly, and Memorial Property Management requires $500. (Something interesting, with any worthwhile Houston investment property, the monthly rent should cover the mortgage payment, management fee, and leave a little extra for the owner. Memorial Property Management can make the monthly mortgage payment for you, and if you choose to have them do so they hold the mortgage payment in addition to the $500 reserve.)
Finding a tenant while outside the Houston area can be difficult, so for the first month’s rent, this company can find a tenant for you. Before any lease is signed, background checks are performed to find the ideal tenant for your Houston investment property. These checks include credit, criminal, employment, and checks with previous landlords. After these checks are completed Memorial Property Management can even give a reccomendation based on the results.
In case of emergencies, a 24 hour phone line is monitored, and for electrical or plumbing problems there is staff on-hand 24 hours a day to handle.
This company specializes in single family homes, and should you be interested in having them manage your Houston investment property feel free to use the contact information listed below.
Memorial Property Management
10190 Katy Freeway, Suite 370
Houston, Texas 77043
Contact: Robin
Bus: 713-973-1001
Fax: 713-973-1002
