Furnished Mid-Term Property Management
Typically 1-6 month lease terms, these rentals can be a full-time strategy or can be a solution to generate cashflow during an extended absence.
Services Offered:
Marketing & Tenant Placement
- Furnished rental market analysis and recommended rental rate
- Rental strategy based on anticipated lease length and target renter
- Marketing to 30+ day / mid-term rental prospects
- Property listing creation emphasizing furnishings, amenities and included services
- Syndication/listing on appropriate furnished and mid-term rental platforms
- Inquiry management and prospective tenant communication
- Showing coordination, including virtual showings when appropriate
- Applicant screening and qualification
- Income/employment verification
- Credit and background screening
- Rental-history verification
- Corporate/employer documentation when applicable
- Lease preparation for the agreed rental term
- Electronic lease execution
- Security-deposit and move-in-fund collection
- Move-in coordination
- Detailed move-in condition documentation
Rent Collection & Financial Management
- Online tenant payment portal
- Monthly rent collection
- Monitoring of unpaid and late rent
- Late-payment notices and follow-up
- Enforcement of lease-related fees
- Owner reserve management
- Vendor invoice processing
- Owner ACH distributions
- Monthly owner financial statements
- Property income and expense tracking
- Year-end financial reporting
- Security-deposit accounting
- Owner portal
- Utility expense administration when authorized – electricity, water, gas, internet, lawn care, and potentially pool care.
- Tracking of tenant utility reimbursements or allowances when applicable
Resident Management
- Primary point of contact for residents
- Routine resident questions and communication
- Lease and property-rule enforcement
- Lease violation notices
- Complaint resolution
- HOA-related resident issues
- Emergency communication
- Documentation of resident interactions
- Coordination regarding included furnishings, appliances and amenities
- Administration of utility-use limits or allowances when applicable
Maintenance & Repairs
- 24/7 maintenance-request capability
- Maintenance request evaluation and triage
- Vendor selection and dispatch
- Coordination with qualified/insured contractors
- Owner authorization above established expense limits
- Emergency repair coordination
- Repair follow-up
- Vendor invoice review
- Preventive-maintenance coordination
- HVAC filter coordination
- Seasonal maintenance recommendations
- Warranty/service-plan coordination
- Furniture, appliance and houseware repair/replacement coordination
Furnishings & Property Inventory
- Initial furnished-property inventory
- Documentation and photography of furniture and household contents
- Condition documentation
- Appliance and electronics inventory
- Kitchenware/household-item inventory as appropriate
- Identification of missing or damaged items after occupancy
- Furniture repair/replacement coordination
- Owner approval for replacement purchases
- Documentation of tenant-caused damage
- Recommendations regarding replacement or improvement of furnishings
Property Oversight
- Periodic property inspections
- Property-condition documentation
- Lease-compliance observations
- Identification of deferred maintenance
- Preventive repair recommendations
- Vacant-property monitoring
- HOA compliance coordination
- Owner notification of material issues
- Monitoring of major furnishings and included amenities
Turnover Management
- Move-out inspection
- Damage and inventory assessment
- Professional cleaning coordination
- Linen/bedding coordination if provided
- Furniture condition review
- Missing-item identification
- Maintenance and repair coordination
- Consumable/restocking coordination, if offered
- Property readiness inspection
- Photography/listing updates when necessary
- Coordination of turnover between outgoing and incoming residents
Lease Administration
- Professionally prepared Texas residential lease documentation appropriate to the rental arrangement
- Required notices and disclosures
- Furnished-property addenda
- Utility provisions
- Property rules and occupancy requirements
- Lease compliance monitoring
- Lease expiration tracking
- Extension/renewal discussions
- Market-rent review before extension
- Lease extension documentation
- Early-termination administration
Vacancy & Re-Leasing Management
- Upcoming vacancy tracking
- Early resident extension discussions
- Advance re-marketing before lease expiration
- Pricing recommendations based on season and market conditions
- Inquiry management while occupied
- Showing coordination
- Vacancy-period property monitoring
- Utility continuity
- Lawn/pool/exterior service continuity
- Ongoing marketing and pricing recommendations
Move-Out & Security Deposit
- Notice-to-vacate administration
- Move-out instructions
- Move-out inspection
- Comparison against move-in condition
- Furniture/inventory assessment
- Damage documentation
- Repair estimates
- Security-deposit accounting
- Tenant charge assessment
- Required security-deposit disposition
- Cleaning coordination
- Property turnover
- Re-marketing
Owner Management & Communication
- Dedicated owner point of contact
- Owner portal
- Monthly financial reporting
- Maintenance notifications
- Utility expense reporting
- Recommendations regarding furnishings
- Rental-rate recommendations
- Occupancy/vacancy strategy
- Lease-extension recommendations
- Property-performance discussions
- Coordination with owner’s insurer, HOA and other professionals
- Recommendations regarding conversion between furnished and traditional long-term rental strategies
Compliance & Risk Management
- Texas landlord-tenant compliance
- Fair Housing compliance
- TREC-required practices
- Proper handling of trust funds
- Security-deposit compliance
- Required tenant notices
- Documentation and record retention
- Vendor insurance/documentation requirements
- Lease enforcement
- HOA compliance
- Coordination with legal counsel when necessary
- Monitoring of minimum-lease requirements imposed by municipality or HOA
- Coordination with owner’s insurance requirements for furnished/mid-term occupancy
Property Performance & Strategy
- Furnished rental pricing recommendations
- Occupancy analysis
- Annual revenue analysis
- Vacancy analysis
- Furnished-versus-unfurnished comparison
- Lease-length recommendations
- Seasonal pricing recommendations
- Furniture/amenity investment recommendations
- Expense-management recommendations
- Resident-retention/extension strategy
- Long-term property performance recommendations
