Leasing

Our Leasing Agents are licensed real estate agents and are Members of the Texas Association of REALTORS®. The Property Management Team and the Leasing Team communicate on a daily basis to review new properties on the market, to discuss rental activity and marketing activity, and to review procedures to provide better service to our landlords and tenants. Property Professionals, Inc. is committed to the Equal Housing Opportunity Laws, and we do not discriminate against anyone on the basis of Race, Color, Religion, Sex, Handicap, Familial Status, National Origin or Age.

Application

After a prospective tenant has expressed a desire to lease a property, our Residential Rental Application must be submitted via our online portal. The prospective tenant must also submit a non-refundable Application Fee. The Application Fee is retained by PPI to defray the cost of processing the application. Upon approval of the application, we will also collect a Security Deposit and have the lease signed within 48 hours.

Leasing

After finding the right tenant, we prepare all the lease documentation. We use Texas Association of Realtors promulgated leases and addendums as well as special addendums our attorneys have prepared to ensure that all legal requirements are met to provide the maximum protections if a dispute should arise. We ensure that all the requirements of a lease are clearly explained to the tenants. We employ a “lease signing video” to thoroughly familiarize tenants with the terms and conditions of the lease so that they understand their rights and obligations under the lease.

Monitoring & Lease Enforcement – Property Condition

Using digital photography, The Management Team conducts an extensive walk-through of the property prior to the occupancy of a tenant. Another extensive walk-through is performed after the property is surrendered to document property conditions at the beginning and at the end of the lease. The tenants are also asked to complete an “Inventory and Condition Form” upon occupancy. These procedures help the property manager more accurately distinguish between normal wear and tear and neglect when calculating the deposit return. During the lease term, we may have occasion to enter the property for repair or maintenance reasons and will use that opportunity to survey the property. Throughout the lease term, the property is viewed via a drive-by visual survey where digital photography is used and stored on each property.