DO-IT-YOURSELF PROPERTY MANAGEMENT: TAKE OUR QUIZ

Do-It-Yourself property management is tough! Think you have what it takes? Take our short quiz to find out!

Test your Property Management Knowledge!

1. For the safety of your Tenants, where does the Texas Property Code require that CO detectors be installed?
  • Same requirements as smoke detectors
  • No requirements
  • Only required on homes with gas lines, gas fixtures or interior combustion structures (fireplaces), within 6' of the appliance/structure, regardless of the floor
  • Only required on homes with gas lines, fixtures or interior combustion structures (fireplaces), Min 1 per floor
2. 6 Months into a 1 year lease, your military Tenant tells you they're terminating their lease, and provides you with activation orders for 75 days of operations outside of the country. They have a qualified replacement tenant available for immediate move in. What are your options?
  • None - Military Tenants with orders are specifically exempt under the SSCRA (Soldier's and Sailor's Relief Act), and they aren't required to find a replacement tenant
  • You thank them for their service. Then you decide if you want to release them from the lease - it's your option.
  • None - Military Tenants with orders are specifically exempt under the SSCRA (Soldier's and Sailor's Relief Act), as long as they have an equitable replacement tenant.
  • None - Military Tenants with orders are specifically exempt under the SSCRA (Soldier's and Sailor's Relief Act), and the government will pay the remainder of the lease
3. The carpet at your rental has worn completely out, exposing the concrete floor below. How many days does the Texas Property Code give you to make the repair, after the tenant submits a request in writing?
  • 7 days after the written request
  • 14 days after the written request
  • 5 days after the written request
  • No requirement
4. In which case do Tenants NOT have the statutory right to break a lease?
  • Military PCS Orders
  • Sex Offenses or Stalking
  • Loss of sole Disability Income
  • Family Violence
5. An applicant with a service animal applies for your home. The previous landlord states that the animal caused $100 worth of damage to their property, above the $50 pet deposit they collected. What do you do?
  • You may deny the Tenant's application because of the animal.
  • Because of the documented history of previous damage, you are allowed to increase your pet deposit above your normal rate, but it must be 100% refundable.
  • You may not change your pet deposit simply because of the damage - it must be the same for everyone across the board
  • You may not charge any pet deposit
6. Where must a keyless bolting devices be installed after Sept 1, 1993?
  • Between 36" and 48" on all exterior doors including the door to the garage
  • It depends - but they must comply with Section 1052.B.2 of the Texas Property Code
  • After Sept 1, 1993, there is no requirement
  • All exterior doors and windows must have keyless bolting devices
7. A tenant moves out and doesn't leave a forwarding address. The home is a disaster, the damages are definitely more than the deposit. What do you do?
  • Send the tenant an itemized list of deductions within 30 days, or face liability equal to 3x the rent withheld, plus $100, plus attorney's fees
  • Keep the deposit. Send an itemization after you hear back from the tenant
  • Send the tenant an itemized list of deductions within 15 days, or face liability equal to the rent withheld, plus $100, plus attorney's fees
  • Keep the deposit. No need to itemize anything.
8. You hire 3 contractors to work on your rental. The Corporate Contractor does $3000 worth. The LLC Contractor does $2000 worth. The Individual Contractor does $1000 worth. How many 1099's do you send at year end?
  • The IRS requires that you send a 1099 to all contractors who perform work on your property during that year
  • The IRS doesn't require individual property owners to send 1099's
  • You must send a 1099 to the individual only. LLC's don't get 1099's.
  • You must send a 1099 to the individual AND the LLC, if the LLC has not elected to be taxed as an S or C corp.
9. You leased a home on your own, with a free TAR lease online to a Tenant with no agent. The tenant gets a boyfriend and skips out. What recourse do you have?
  • The Tenant has terminated her lease early - Par 28 "Early Termination" applies
  • The Tenant is liable to you for the lost rent - Par 21 "Liability" applies. You can sue in JP court for damages.
  • Neither You nor the Tenant used a Realtor. The entire lease is simply Voidable at the Tenant's will. Next time, use a pro!
  • The Tenant is defaulting on the lease contract - Par. 27 "Default" applies.
10. Who is most qualified to lease and manage your property?
  • CW Sparks
  • Uncle Jeb
  • A cut rate mgmt co
  • Yourself

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