Renovations That Give the Best ROI
How much do you know about the latest technology in Real Estate?
Today in this fast-paced world, we rely on technology more than ever. Each industry is creating advanced, revolutionizing tools to improve and automate the way they do business, and Real Estate isn’t falling behind.
New trends in the market
Home prices in DFW and the rest of North Texas show no signs of leveling off. According to a report from The Dallas Morning News, median home prices were 18% higher in November 2021 than a year ago. Inventory levels remain tight, with only 8,200 single-family homes recently listed for sale in a metro area with about 1.9 million single-family housing units.
Are you ready for the 2022 Tax Season?
As we move forward in the new year, many of you will begin to turn your thoughts to tax preparation. While we are not tax professionals, our staff at Frontline knows how stressful tax time can be. We strive to reduce your stress by providing the needed documents such as year-end reports and 1099s, all of which have been issued to our investors.
Get ready to start the New Year!
As 2021 comes to a close our minds automatically turn to our plans for the up and coming year. For many this means making a list (and checking it twice 😉 ) full of New Year’s resolutions, but how many of us will be able to look back on that list at the end of 2022 and feel as though we accomplished our goals?
Back in May we brought to your attention the unfortunate fact that we had begun receiving an increased amount of fraudulent documents on the incoming rental applications. Since this discovery we have been diligently researching each application that comes in to ensure the validity of their documents such as payment verification, rental verification, and government identification.
More good news!
You may have to fight a battle more than once to win it
Since September 4th, 2020 landlords, property managers, and professional real estate organizations have been fighting the eviction moratoriums put in place by the CDC. While little traction was made to fight the moratorium during its original span (9/4/2020 – 12/31/2020) those fighting the moratorium began to make headway during the first part of 2021.
We Should Have Bought Stock in Lumber…But Hindsights 2020
Since the re-opening of the Texas economy on March 10th, 2021, we have had to navigate through the aftermath of the economic shutdown. For property managers, real estate investors, and builders alike, a major effect has been the cost and availability of maintenance and building materials.
Summer Rental Season: The Heat is On…Literally
To most of the world, summer means happy times and sunshine but to those in Property Management, it means go time! Summer is the busiest time of the year for move-outs and new leases and here at Frontline Property Management, Inc., we look forward to the challenge!
COVID Effects on Real Estate Investments: Update
The Importance of Preventative Maintenance in Property Management
Over the years Texas weather has become the brunt of many jokes! From the severe heat during the summer months to the volatility of the fall and winter, our weather is quite nonsensical and, while this lends quite a bit of humor to our lives, it can make planning quite difficult.
COVID Effects on Real Estate Investments (Lots of Changes!)
Benjamin Franklin once said, “Change is the only constant in life. One’s ability to adapt to those changes will determine your success”. And, while he may have lived over 200 years ago, his sentiment could not more accurately describe life and business today than if he were her to experience it himself.
Normal Wear and Tear for Rental Properties: A Landlord’s Guide
As anyone who has ever managed rental property can tell you… tenants always “leave the property better than it was when they moved in”. Though we know that is rarely an accurate statement, determining what you can and can not legally charge tenants for is a burden that we all must face.
How Long Do Appliances and Parts of Your Home Last?
All things on earth have a life expectancy – people, buildings, clothing, food, etc. All of the parts of investment property have a life expectancy as well. And while the building can last for years, even centuries, it is important to know the age and life expectancy of each major aspect of your investment.
New Year’s Resolutions for Successful Real Estate Investors
If ever there was a year that warranted a fresh start it is certainly this one! By now (and, quite frankly, well before now) we are all ready to say farewell to 2020 and begin 2021 refreshed and renewed; and while most are ready to jump into the usual New Year’s tradition of setting personal resolution that will likely be forgotten by February 1st, we have created a list of resolutions specifically designed to help real estate investors succeed for years to come…
We’re ALL In This Together!
While our screening of new applicants has always been thorough, we are now looking for additional signs that may explain how the tenant is fairing financially through COVID-19. This includes signs such as the type of industry that they work in, how long they have been employed…
2020 Strikes Again! CDC Moratoriums on Evictions
At this point, 2020 has both real estate investors and property managers desperately attempting to keep up with the ever-changing rules and regulations regarding rent collections, late fees, and evictions. Unfortunately, most of us are fairing about as well as Lucy and Ethel during their stint working for the chocolate factory...
Welcome to Texas! Where the Weather is Made Up and the Seasons Don’t Matter
Over the years Texas weather has become the brunt of many jokes! From the severe heat during the summer months to the volatility of the fall and winter, our weather is quite nonsensical and, while this lends quite a bit of humor to our lives, it can make planning quite difficult. Preparing for the fall/winter maintenance needs for your portfolio before the season…
What Everyone Should Know About Fair Housing: Accommodations & Modifications
It certainly is not the amount of information one must memorize when renting out real estate! However, overwhelming as it may be, the Federal Fair Housing Act (42 U.S. Code § § 3601-3619 and 3631) has greatly increased the ability of those who fall within the seven protected classes to find desirable housing throughout the country…
Asking Questions Ensures You Will Get the Answers!
“The most important questions in life can never be answered by anyone except oneself” – John Fowles. However, the most important questions about insurance should always be answered by your insurance provider! One of the most critical steps that an investor must take…
Baseball Season May be on Hold but the Curveballs Keep Coming
As we navigate through the continual curve balls of 2020, many find themselves wondering “What challenge will we face next?”…
Of all the curve balls of 2020, its first has had the largest impact on the real estate rental market…
Time to dust off those crystal balls and prepare for what the future may hold…
If only we could see what the future had in store, we would likely be in a great position with our finances, health, love, etc. Very few people can claim that they predicted the market we find ourselves in today, but one thing is clear, opportunity is on the horizon…
We Will Survive #COVID-19
By now, most real estate investors are contemplating what the long-term effect of COVID19 will look like and how they will be affected. The truth of the matter is no one can be 100% sure what the future holds.
Currently, the DFW metro-plex is under…
Rental Property Upgrades: What You Should Know About the Trends
In the end, no matter how cliche it sounds (or in this case, reads) it is about ROI. It is not just happening in our market but everywhere: updated properties rent faster and for more dollars.
The current renting “generations”…
It’s Tax Time!
As we move forward in the new year, many of you will begin to turn your thoughts to tax preparation. While we are not tax professionals, our staff at Frontline Knows how stressful tax time can be. We strive to reduce your stress by providing the needed documents such as year-end reports and 1099s, all of which have been issued to our investors…
2020 First Quarter Market Update
As another holiday season is disappearing in the rear-view mirror, we are seeing an uptick in inquiries, showings & applications which is the norm for the 2nd week in January. This is great news for anyone with a turn-over during the November – February time frame. However, …