Turnovers
Efficient turnovers can be critical to annual returns, especially if your property is in the student housing category (which generally turnover more frequently than others). After the tenant moves out we perform an inspection of every room and make notes with photos and put them in a report. Because of our documentation, our clients can often recoup some of the costs associated with the turnover via the tenant’s security deposit. If a house is left with furniture, kitchenware, grills, trash, etc, then we have crews that haul that off. We also have make-ready crews that address damaged items or deferred maintenance items. We also have multiple cleaning crews. Prior to new tenants moving in, we perform another inspection and put it into a report with photos so that if there is any damage beyond normal wear by the subsequent tenant, we will have an accurate record to hold them accountable. Lastly, after a new tenant takes possession of the property, we have crews to address any punch list items that may not have been addressed prior to move-in.
On occasions, the process noted above is performed within a 24-hour period. The turnover process is NOT for the faint of heart and without proper scaling can be overwhelming for the DIY. This is a process that we perform hundreds of times from mid-May thru August every year.
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As your Lubbock Property Manager
Marketing
Anybody can have tools, but few in our market can actually use them effectively. Our website, social media ads, syndicated rental sites, signage, promotional items, local branding and word of mouth are skillfully utilized tools that have served our clients well. LEARN MORE >>
LEASING
Our pre-leasing, lease extension strategies, and processes for clearing houses and showing them to multiple prospects have really helped boost our clients financial returns. LEARN MORE >>
RENT COLLECTION
Tenants can pay rent online, or with cash almost anywhere in the country 24/7/365. The easier we make it for tenants to pay rent on time, the sooner we can transfer money to your bank account. LEARN MORE >>
MAINTENANCE
Whether the need is for plumbing, electrical, HVAC, or minor maintenance we can oftentimes have the issue resolved within 24 hours. Satisfied tenants help maintain our reputation and tenant retention which ultimately helps the bottom line for our clients. LEARN MORE >>
FINANCIAL REPORTING
With our detailed financial reporting tools and online owner portal, it's never been easier to keep tabs on your investment. Our clients have access to numerous reports anytime they choose to login. LEARN MORE >>
EVICTION PROTECTION
Evicting a tenant can be very costly (unpaid rent, attorney fees, court/filing fees, and time). Having an attorney on staff can really help. Let us show you how we can mitigate these financial costs (and emotional stress). LEARN MORE >>
TENANT SCREENING
Criminal background checks, rental history, credit history and a lot more can go into screening potential tenants. Where do you start? Where do you stop? Tech Terrace Real Estate offers a number of tools to balance costs and to mitigate risk. LEARN MORE >>
TURNOVERS
Tenant turnover can be a monster that’ll eat your lunch and leave you burned out! We perform this task hundreds of times every year. Let us tame that monster for you. LEARN MORE >>
NO FEES DURING VACANCY
If rent is not being collected on your property, then we do not charge a property management fee. Real simple...we don’t get paid until you get paid. LEARN MORE >>