#NARPM Fort Worth

[classic-property-management]

Classic Property Management•

Classic Real Estate Services is a brokerage for real estate investors with properties in the Dallas Fort Worth metropolitan area since 1987.

Hiring Classic Property Management, to manage your residential investment property or properties in the Dallas/Fort Worth (DFW) Metropolitan area can offer several key benefits:

1. Tenant Screening:

Classic Property Management has the experience with vetting potential tenants, which can help ensure you get responsible renters who will pay rent on time and take care of your property. This reduces the risk of late payments and property damage.

2. Efficient Rent Collection: Classic Property Management ensures timely rent collection and has systems in place to enforce late fees and manage any payment issues, ensuring consistent cash flow.

3. Legal Compliance:

Dallas-Fort Worth, like other regions, has specific property laws, including tenant rights, lease regulations, and eviction processes. Classic Property Management ensures you comply with all local, state, and federal regulations, reducing the risk of legal disputes.

4. Maintenance and Repairs:

Classic Property Management has relationships with local contractors and can handle maintenance and repairs promptly. We can help prevent small issues from turning into expensive problems, keeping your property in good condition.

5. Marketing and Vacancy Filling: Classic Property Management can market your property, list it on rental platforms, and find tenants quickly. Classic knows the local rental market and can price your property competitively to minimize vacancies.

6. Handling Tenant Issues: Whether it’s maintenance requests, tenant complaints, or evictions, Classic Property Management handles the day-to-day concerns, freeing you from these responsibilities.

7. Local Market Expertise: Classic Property Management in the DFW Metroplex is familiar with market trends, neighborhood preferences, and competitive rental pricing, helping you maximize your return on investment.

8. Time Savings:

Managing a rental property is time-consuming, especially with multiple units. Classic Property Management frees up your time, allowing you to focus on other priorities or investments.

9. Reduced Stress:

With our professionals managing your properties, you can avoid the stress of dealing with tenants, late-night emergencies, and complex legal issues.

10. Scalability:

If you have multiple investment properties or plan to grow your portfolio, Classic Property Management makes it easier to scale without being overwhelmed by the increasing workload.

These benefits make Classic Property Management an attractive option for investors seeking hassle-free management and consistent returns in the DFW Metropolitan area.

We offer an extensive range of services, from property management marketing and leasing to financials and bookkeeping. Our priority is to provide our owners with the top rental property management services in the Dallas Fort Worth Metropolitan Area - specialized to your needs.

"Discover The Classic Difference"

www.classicpm.com

[jryanplano]

Goals of Resource Property Management & What We Do For You

Resource Property Management (RPM) and Leasing has been providing RPM in Dallas - Fort Worth, RPM in Plano Texas and surrounding areas with quality property management services for more than a decade now. We manage modern, updated and beautiful single-family homes, condominiums and townhouses, helping ensure our customers get exactly what they need – whether owner or tenant.

Our residential property services are unmatched by our competitors, especially since we specialize in managing homes, so our attentions are not diluted. As we own rental properties ourselves, we are well-suited to managing those properties for others, because we know exactly what the industry demands to make renting successfully.

We are members of the National Association of Residential Property Managers (NARPM), the Texas Association of Realtors (TAR) and HomeRentals.net, all of which help us stay up to date on changes in the industry and constantly improve our services.

Our team of professionals realizes your property is a valuable investment. Our primary goals are to:

Maximize Your Cash Flow: We are committed to obtaining the maximum amount of rent for your home that market conditions will bear, thereby maximizing your income. We also work hard to minimize the cost of repairs and maintenance using our extensive network of contractors.

Minimize the Vacancy Period: We are committed to designing and executing a targeted marketing plan to rent your property as quickly as possible, thereby minimizing the time that your rental is not generating income.

Protect Your Investment: We thoroughly screen prospective tenants and manage your property in a discreet, professional and competent manner.

Do the Work for You: We handle everything so you can spend your time on more important things!

Here are some of the things we do for you:

Keep on top of regional, state, and federal landlord/tenant law and legislative issues facing property owners and tenants.

Track vacancy rates, vacancy factors, time-on- market, and rent values for the area, and effectively market your home with print and the Internet.

Create and maintain relationships with qualified vendors, including painters, roofers, electricians, plumbers, appliance repairmen, handymen, and more.

Provide appropriate rental applications and forms that, along with a consistent screening process, ensure the highest quality tenants while conforming to all applicable laws.

Provide a lease agreement that covers your property well, collect and account for rents, and confront tenants to enforce the terms of the lease.

Perform complete accounting for your property, to ensure a maximum return on your investment and optimum tax benefit.

[classic-property-management]

Classic Property Management AAMC®

Classic Real Estate Services

would like to thank the

Dallas/Fort Worth Chapter

Community Association Institute (CAI) for your thaughtful Business Partner Spotlight on Classic's behalf.

Thank you so much!

Sincerely,

Classic

[classic-property-management]

"That's Who We Are"

"Discover The Classic Difference"

http://www.classicpm.com

[classic-property-management]

Management Services

When working with Classic Property Management, you can count on us for high quality, professional management services. With over 100 years of combined experience, our professional staff brings decades of wisdom and insight to your properties. Timely and thorough communication keeps you informed about your investments. If a service or repair job requires it, we can draw on our longtime relationships with trustworthy and fully licensed vendors and contractors to do work to the highest standard. We are committed to minimizing expenses, maximizing profits, and protecting our clients from liability.

Our expansive set of services includes:

•Reviewing properties for possible investment

•Market comparisons and market analysis

•Marketing your property through multiple channels

•Qualifying tenants

•Executing leases

•Collecting rents

•Owner fund distribution

•Maintenance requests

•Comprehensive property statements

•Year-end tax statements

•Make-ready

•And more…

Learn More:

[classic-property-management]

Owners

If you’re the owner of income real estate in the Dallas/Fort Worth metroplex, Classic Property Management AAMC® can give you the knowledgeable and competent management assistance you need to maximize your investment. Since 1987, our residential property leasing and management teams have provided a complete set of professional services, including: asset evaluations and market analysis before you invest; marketing, make-readies, and tenant negotiations after you purchase; and maintenance, rent collection, responsive communication, and financial reporting to help you evaluate the productivity of your investments.

List of Services

Classic currently manages hundreds of homes, duplexes, condominiums, and townhomes throughout the greater Dallas/Fort Worth metropolitan area. All of our property managers are licensed agents and brokers with specific experience in residential property leasing and management.

Owning investment property does not need to be a stressful hassle. Let Classic Property Management AAMC® provide for the day to day management, allowing you more time to focus on creating investment opportunities.

Classic Property Management AAMC®

Classic Real Estate Services

Brokerage For Residential Real Estate Investors

Texas Real Estate Commission Consumer Protection Notice

Information About Brokerage Services

Contact Us or Visit Us:

Oakhollow Business Park

2415 Avenue J, Suite 100

Arlington, Texas 76006

Office(817)640-2064

Toll Free(888)960-2983

Fax(817)640-6028

Email: info@classicpm.com

"Discover The Classic Difference"

[classic-property-management]

www.classicpm.com

[classic-property-management]

405 Magma Drive #FortWorthTexas 76131 3 bd, 2 ba, 1,670 SqFt Available 6/1/18 Rental Terms #ForRent: $1,595 Application Fee: $45 Security Deposit: $1,595 Apply Now•https://lnkd.in/ePeFBie View all listings•https://lnkd.in/euixWpS Contact Us•https://lnkd.in/eWaNf3z Classic Property Management AAMC®​ Classic Real Estate Services 2415 Avenue J, Suite 100 Arlington, Texas 76006 Office(817)640-2064 Leasing(817)235-1966 Fax(817)640-6028 Email•info@classicpm.com "Discover The Classic Difference" www.classicpm.com

[classic-property-management]

Dallas-Fort Worth projected to be 6th hottest housing market in nation; Austin 1st | wfaa.com

[classic-property-management]

DFW to be country's 6th hottest housing market in 2021, experts say - CultureMap Fort Worth

[classic-property-management]

"Discover The Classic Difference"

[classic-property-management]

Located in Northern Texas, Dallas/Fort Worth is the fourth most populous metropolitan area in the nation. Historically, DFW was one of the most important centers for the oil and cotton industries due to its strategic position along numerous railroad lines.

In the last five years, many companies from cities like San Francisco and Los Angeles have started exploring the nation to find the best cities for relocation, and many of them have targeted the Dallas/Fort Worth metroplex as a prime spot to relocate. There are a variety of reasons for this, including Texas’ business-friendly environment (ie: lower cost of doing business, lower taxes, no state income tax, and fewer business regulations) and also the lower cost of living for employees.

Housing Market Statistics

Current Median Home Price: $215,000

Median Rent Per Month: $1,624

Median Household Income: $79,893

Metro Population: 7.5 M

1-Year Job Growth Rate: 2.70%

7-Year Equity Growth Rate: 80.67%

8-Year Population Growth: 17.33%

Unemployment Rate: 3.1%

Housing Market Quick Facts

Dallas/Fort Worth is slightly more affordable than the average home nationwide. In 2019, the median purchase price of 3 bedroom single family homes in the DFW metro area was $215,000. This is 3.5% lower than the national average of $222,000.

Dallas/Fort Worth offers investors an opportunity to generate passive monthly income. In 2019, the median monthly rent for 3 bedroom homes in DFW was $1,654, which is 0.77% of the purchase price of $215,000. This is higher than the national average of 0.75%.

Dallas/Fort Worth home values are rising faster than other real estate markets. Over the last 7 years (Jan 2012 to Dec 2019), 3 bedroom homes in DFW metroplex have appreciated by 81%. During the same period, 3 bedroom home values appreciated by 55% nationwide.

Dallas/Fort Worth is the ninth most-populous city in the U.S. and is a huge commercial and cultural hub in Texas.

Conclusion: Top 3 Reasons to Invest in the Dallas/Fort Worth Real Estate Market in 2020

Job Growth: Dallas/Fort Worth has significant job growth. In the last year, Dallas added 100,200 new jobs to their economy, with an annual growth rate of 2.70%, which is significantly higher than the national average of 1.47%. This shows us that there are more jobs being created in the DFW area than most other U.S. cities today.

Population Growth: Dallas/Fort Worth' population is growing rapidly. The population in Dallas/Fort Worth has increased by 17% over the past 8 years, which is 201% faster than the national average. This shows us that people are moving to Dallas/Fort Worth at a higher rate than most other cities across the nation today.

Affordability: In the neighborhoods where RWN members invest, the median price of 3 bedroom homes was $145,000 in 2019. This is 35% lower than the national average of $222,000. This shows us that home values and monthly rents are rising more quickly than most other cities across the nation.

Data Sources:

https://factfinder.census.gov

https://www.zillow.com

https://www.deptofnumbers.com

Real Wealth Network Property Team Data

Classic Property Management AAMC®

Classic Real Estate Services

Residential Brokerage For Real Estate Investors Throughout The Dallas/Fort Worth Metropolitan Area Since 1987 With A Better Business Bureau A+ Rating.

Invest In Dallas/Fort Worth!

Management Services

We manage your properties efficiently and effectively, providing exceptional service.

Learn More:

Contact Us:

2415 Avenue J, Suite 100

Arlington, Texas 76006

Office(817)640-2064

Fax(817)640-6028

Email:Info@classicpm.com

"Discover The Classic Difference"

http://www.classicpm.com

[classic-property-management]

•Association Management

•Property Management

•Brokerage For Investors

•Leasing & Home Sales

•Property Listings

•Dallas/Fort Worth Metroplex

"Discover The Classic Difference"

http://www.classicpm.com

[classic-property-management]

[classic-property-management]

"Discover The Classic Difference"

www.classicpm.com

[classic-property-management]

"Discover The Classic Difference" www.classicpm.com