Client Spotlight: Foundation Resolutions LLC

As landlords and investors it’s inevitable that we’ll run into some major repairs along the way. But what we may not plan on is losing time and money on vacancies because of unscrupulous contractors and repairmen.

Red Team has been in the business long enough to recognize quality workmanship when we see it. If you have any foundation and/or water problems, Foundation Resolutions, LLC is the team for you. Integrity in this industry is hard to come by – Foundation Resolutions is a great option!

Founder of Red Team Property Management and Educational Entrepreneur, Michael Mayes is impassioned about raising the bar of greatness by cultivating your understanding in all areas of property and real estate. 

For more information on avoiding unexpected rental disasters, read our latest post, Qualifying the Tenant Versus Speed to Rental: Crucial Information for Rental Property Investors

For more information on our client spotlight, contact: 

Edwin Sumlin

Foundation Resolutions 

(817) 645-0000

Red Team News: Red Team is Growing!

Meet Our Newest Member – Stella Louck-Beech

Red Team Real Estate and Property Management is happy to welcome Stella Louck-Beech to

our team!

Stella is a true cowgirl with a love for real estate. She has enjoyed the last fifteen years working in sales and property management and is excited about bringing her knowledge and expertise to our company.

State and local involvement is very important to Stella. She actively works with her fellow Texans and officials to help define the future of real estate in our great State.

Join us in giving Stella a great BIG ‘ol Texas welcome! 

2501 Forest Park Blvd Suite 1F
Fort Worth, TX 76110
TEL (817) 921-3545


Qualifying the Tenant Versus Speed to Rental

Crucial Information for Rental Property Investors 

There are plenty of Guru’s out there that want to sell you their secrets, claiming they can fill your vacancies in less than thirty days. And while they may have some valuable tips, not all of these experts will talk to you about how to discern a good tenant from a bad one, a responsible tenant from an irresponsible one, and a non-paying tenant from a paying one.

“A set of voodoo candles used in a “good luck” ritual sets off a massive fire, killing one woman and left 47 families homeless. Fire officials say the early evening blaze could have easily been contained had the occupants of the apartment called 911 instead of trying to put it out by themselves”. This story is not made up for entertainment, but an actual story of what a real estate investor went through.

Although things may get tight when you have vacancies, things could get even worse if you choose the wrong tenant – getting your property rented to a properly qualified tenant should be your main priority. If you do not have the time or resources to properly screen potential tenants, locate a reputable property manager – this is what they do for a living! The stress and headache that often accompany the landlord job can be reduced.  One effective solution is the screening process.

  • Whether by phone or email, your first contact with the tenant begins the screening process. Asking the right questions can help you decide how you should proceed. 
  • Advise potential tenants of your up-front rent and security deposit requirements, and any other important facts regarding the rental that may change their interest in your property.
  • Draft a list of specific questions to ask. 

Always have a detailed application. I recommend collecting a screening fee and running a background report to weed out prospects that might be ineligible based on your criteria. Review and verify the application thoroughly and look for inconsistencies and red flags.

It is very important that you have a quality residential lease. Make sure your lease covers all seen and unforeseen scenarios. Read the entire lease agreement with the tenants at signing to ensure they understand all contingencies.

Getting your property rented is important but here are the variables you might be missing. If you’re looking to make the most of your investment, avoid costly mistakes and enjoy more freedom, we invite you to connect with the team at Red Team Property Management. We work for our owners focused on creating value. This means getting the best rent as the market continues to change. Also, this means fostering the right tenant fit so that you have as little vacancy time as possible. 

Best Rents + Great Tenant Fits = VALUE!

Educating for REAL Greatness,

Red Team Real Estate and Property Management

Red Team Real Estate and Property Management was started in 2012 to focus on being the provider of quality service that has never been seen before in property management. Our approach is to serve our owners by providing professional, knowledgeable service with maximum value.