For property owners in Austin with long or short-term rental management needs, there are a number of reputable companies offering their services in the city.
High-rise office blocks in Downtown Austin (Photo: Andre Manoel via Flickr / CC BY-SA 2.0)
Whether you want to rent out your property for a single night, several weeks at a time or for longer-term arrangements, the logistics of managing the process and keeping on top of things can be a real minefield. That’s where property management companies come to the rescue, pledging not only to take all the hassle off your hands but to maximise your revenue in the process. In the Texan city of Austin, there is a thriving rentals market with properties dotted across its central districts, its historic Downtown and its outer suburbs. Here are three companies standing ready to help you with yours.
Ziprent
Founded in 2017, Ziprent have grown to become a well-established name in the world of property management. Among their main USPs is their utilisation of technology to bring maximum time and cost-efficiencies to property management for both landlords and tenants alike. As a result of their innovative tech-enabled services, they promise to enhance the value of properties and ensure landlords find suitable tenants, too. Ziprent also pride themselves on their attentive and professional customer service, which serves not only to instil trust in their clients but also results in tangible financial benefits for them. Pricing varies depending on the package you choose, but starts with a flat fee of $1,250 for finding you a tenant and at $125 per month for access to their more extensive suite of long-term property management services. In terms of the kind of rental income Austin property owners can expect, this varies by location and property size, but as a general guide, a 2-bed house in up-and-coming East Austin would command an average of $2,790 per month, while the same size home in the desirable neighbourhood of Cherrywood would bring in an average of $2,356 per month and in upscale Rainey Street in Downtown Austin, renowned for its bungalow-style historic homes, you can expect to earn an average of $3,687 per month.
One Fine BnB
A full-service Airbnb rental management company established in 2014, One Fine BnB promise to get your property plenty of eyeballs to maximise your chance of bookings and, ultimately, boost your income. They offer a wide range of management services that are designed with the aim of enhancing the guest experience and ensuring they return to your property time and time again – not to mention spreading the word to others. Central to their offering are the day-to-day operations that help keep a property ticking over for a steady stream of tenants, including maintenance, seamless check-in, and anything else that a landlord would rather put to the back of their mind. When it comes to income potential, the most lucrative part of Austin, on average, according to the company’s stats, is the suburb of Westlake Hills , 6 miles west of Downtown, where you can earn up to $108k per year with a 47% occupancy rate. In Downtown. In East Downtown Austin, meanwhile, revenue potential comes in at $62k a year with a 56% occupancy rate. However, it should be noted that these are average rates only and cover al types of properties, including houses.
Austin Management
Specialising in personalised, boutique-style vacation rental management services, Austin Management are a locally-owned and operated company dedicated to managing your property while you sit back and watch the revenue roll in. They list your rental on Airbnb, VRBO and all other major booking platforms, as well as social media, complete with attention-grabbing photography (shot by them if you wish), engaging descriptions and dynamic pricing set by cutting-edge technology. From start to finish, they handle everything required to run a successful rental property, including check-in and check-out, guest services, housekeeping, property maintenance, permits and taxes. Another advantage to being Austin-based is that it allows the company to have local concierge staff who are on hand at all hours for your every need.