Property management questions
A management proposal is easier to evaluate when you know the decisions it needs to cover. These answers explain common starting points for owners in Temple, Belton and Salado. The written agreement sets the responsibilities for a particular property.
Lauren Douglas · Kolibri Realty · Bell County
Bring the property details that change the answer
For an initial discussion, provide the address, occupancy status, current lease dates and your intended timeline. Include known repairs or an existing management contract. Those facts determine whether the first job is preparing a vacant home, planning a lease renewal or arranging a careful handover.
Use the service pages for more detailed checklists. Pricing questions belong with the fee proposal; an urgent resident repair belongs with the designated property contact.
Local information & sources
Checked September 23, 2026. Confirm current requirements for your property with the relevant authority.
Common questions
What does a property manager do?
The agreed scope may cover leasing, rent administration, resident communication, repair coordination and property condition records. Ask which tasks are included, which require separate approval and which remain with you. The service description should match the written agreement.
Can management begin while a lease is still in place?
An occupied property can be considered. The manager needs the lease and amendments, rent and deposit records, contact information and open repair requests. Review the current management agreement before arranging a transition.
How is the asking rent decided?
Compare the property with relevant rental alternatives, accounting for condition, space, included items and lease terms. Distinguish asking rents from reliable leased evidence. A rental analysis provides a reasoned starting point; the market response may call for adjustment.
Who pays for repairs?
The agreement should explain owner expenses, approval limits and how invoices are handled. The lease and applicable law affect responsibility in individual cases. Contractor costs and any coordination charges need to be visible in the proposal.
Can I approve the tenant and still hire a manager?
Confirm decision authority during setup. Any owner involvement needs to fit a consistent, lawful application process. Establish criteria before reviewing applications and get appropriate advice on screening policies and accommodation requests.
How often will I receive money and reports?
Confirm both schedules in writing. Collected rent can be affected by approved expenses, charges and reserve requirements before a distribution is available. Ask how statements explain those movements and how you can request supporting records.
What happens if a resident does not pay?
The first step is an accurate ledger and review of the lease and communication history. Notices, remedies and any court action have legal requirements. Ask what collection-related work is included and when a qualified attorney becomes involved; no recovery outcome is guaranteed.
What if I decide to sell?
Raise the possibility before renewing a lease or authorizing major work. An occupied sale requires planning around the existing tenancy and access. Management and sales responsibilities should be clear, including any separate representation agreement.
How do I end a management agreement?
Read the contract's notice, fee and handover provisions before signing. Plan for transfer of records, deposits, remaining funds and access devices. TREC identifies management agreements as private contracts, so an attorney is the appropriate source for advice about disputed terms.