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Expert Multi-Family Property Management in Houston, TX

A multi-unit residential building can be a goldmine or a boondoggle. Which way it goes depends on the quality of management an owner employs. Since such buildings are desirable to many investors, we offer a wide range of services including repairs, tenant qualification, lease management, and collections, to name a few.

Not only does Keyrenter Houston provide timely repairs that last, but we also create an environment that persuades tenants to stick around.

In this labor-intensive industry, we are recognized for superior multi-family property management in Houston, Texas. We serve many types of properties:

  • Two-unit

  • Three-unit

  • Four-unit

  • Duplexes

  • Townhomes

  • Apartment buildings

Multi-Family Property

Top Considerations Facing Multi-Family Owners

Seasoned landlords know that multi-family properties are not simply cash machines. They require attention, hard work, and wisdom if they are to be profitable. Decisions include:

• Whether the overall higher cost of the property is offset by the components that serve all the tenants.

• When to increase rents, and for whom.

• How to be fair to a variety of tenants, and with whom to have difficult conversations. A multi-family property management company can play "bad cop" when necessary.

Our Multi-Family Property Management Services

Multi-family property management embraces a wide range of offerings. A building is also a business so fixes and repairs go along with legal documentation and accounting. These save multi-family property owners hours of valuable time.

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View all property
management services

Property Marketing

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Property Marketing

Letting the world know that units are available in multi-family properties is key to finding long-standing, paying occupants. Oft-visited websites like Zillow and multiple listing service online sites are among the venues where we advertise vacant units.

Property Inspection

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Property Inspection

Paying close attention to the condition of the units helps to prevent small issues from becoming big ones. In addition, if there is damage to a unit, it is essential to determine the responsible party and collect any applicable charges.

Tenant Screening

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Tenant Screening

Tenants of multi-family properties in Houston are where owners get their income. Not only do you seek timely and consistent rent-payers, but you also look for occupants who respect the unit and common areas, and are not a nuisance to fellow tenants. We review background checks, rental histories, and employment references to confirm quality unit dwellers.

Rent Collection

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Rent Collection

Keyrenter makes clear to each tenant, through lease terms and regular notifications, that rent is due on the first of each month. We immediately contact those who fail to meet this obligation so owners can rest assured that their revenue is dependable.

Accounting Services

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Accounting Services

Accounting Services

In addition to receiving rental income, multi-family property management companies like Keyrenter keep track of all revenue and expenditures relative to the buildings. Since we are spending your money, we owe you thorough and honest documentation each month.

Property Maintenance

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Property Maintenance

Property Maintenance

Given the multiple units, it is a regular occurrence that something will require repair or replacement. Our property specialists maintain an exhaustive database of reputable and affordable vendors to promptly attend to problems that arise.

Eviction Assistance

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Eviction Assistance

Even the most rigorous vetting will not preclude the possibility of a necessary eviction. Should the need arise, Keyrenter Houston will initiate the process in accordance with state statutes and local ordinances.

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Look No Further

Is your multi-family property in need of experienced management? Check out our full list of services here or contact us today!

Why Multi-Family Real Estate Is a Good Option for Investment

While nobody should rush into investing without a solid understanding of the type of asset in question, there are nevertheless several positives about multifamily housing. All the kinds of properties listed above share common advantages:

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Monthly Cash Flow

Rental income is not only consistent and measurable; it is easy to increase when market conditions are favorable.

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Revenues are Passive

When you retain a multi-family property management company, owning units becomes much less labor-intensive.

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High Probability of Appreciation

Although the housing market is not an exact science, more often than not, multi-family dwellings gain value over time, and are less affected by dips in the general economy.

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Less Hazardous than Other Real Estate

Those rough economic times often drive people out of their own homes and into rental units. So, even when recession and inflation rage, there will be tenants waiting.

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Ease of Financing

Single-family units are also good investments but each must be financed separately in most cases. A multi-family dwelling is one subject property needing only one mortgage. The same applies to property insurance and tax bills.

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Tax Benefits

Multi-families carry all kinds of ways to save money on income taxes. Among them is depreciation over a 27.5-year stretch even if the property is appreciating. This often means owners can keep more of their rental remittances.

Why Does a Multi-Family Home Need a Property Manager?

Some owners like managing their properties, and we urge them to pursue their joy. However, a good many real estate investors want to focus on their portfolios. That is why Keyrenter Houston does what it does.

Remember, things break and need fixing, dissatisfied tenants find fault with even the best buildings, neighbors have conflicts with each other, ordinances change, and suddenly properties are out of compliance. A property management company tends to these matters so owners can grow their businesses. A multi-family dwelling should never become a ball and chain.

Multi-Family Property
Multi-Family Property

Why Choose Keyrenter Houston as Your Multi-Family Property Management Company?

So you decide to go with a property management company. Why Keyrenter Houston? For one thing, we boast a record of adding value to the properties under our care. In some cases, we raised rents to improve cash flow. In others, we renovated to attract higher-income tenants. 

Most of our clients enjoy a higher return on investment than before. Beyond these accomplishments is a philosophy that goes beyond the stereotypical adversarial relationship between landlords and tenants. Keyrenter Houston aims for a win-win, so owners profit and tenants remain.

What our clients say

Xander and team are such wonderful and heartwarming people. Would definitely keep them in mind and refer friends and family to keep them in mind. Bless you guys

FamiLE Vlogs

5

Everyone at Keyrenter has been great to work with; my questions and concerns have always been answered promptly. Great communication! I recommend this company 100% to anyone looking for someone to manage their rental properties.

Antonio Miralrios

5

Vic has been a pleasure to work with. Very responsive and professional. The application process was simple and not too tedious.

Oscar Nieto

5

FAQs about Multi-Family Property Management

The professional managers at Keyrenter Houston are eager to answer any question relative to our services. One regular inquiry is this:

How Much Does Property Management Cost for Multifamily Homes?

Pricing depends on the level of management selected. Full multi-family management including all the services noted above is generally eight percent of monthly rental income. Specialized fees are charged separately.

Get Your Multi-Family Rental Managed Today

Administering multiple living units can be daunting for the solo practitioner. Using a multi-family property management company can save time and stress at an affordable cost. Get in touch with Keyrenter Houston at your earliest convenience. 

Start by connecting with one of our real estate experts!

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Keyrenter Property Managemen...

3300 Lyons Ave Suite 101-F, Houston, TX 77020

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