Five Things to Know When Renting Out Your San Antonio Home

If you landed here, it’s likely you’re considering renting out an investment property in San Antonio. Whether this is your first time leasing your property and you’re trying to learn as much as you can, or you’re a pro looking to refresh your knowledge, there are numerous rules and regulations you need to follow to keep your property in compliance. In this post, we’ll discuss the most important things you need to know to rent your property with confidence.

Here are the top five things you need to know before renting your property in San Antonio:

• Understand Landlord-Tenant Laws: Familiarize yourself with the landlord-tenant laws specific to San Antonio, Texas. These laws outline the rights and responsibilities of both landlords and tenants, covering areas such as lease agreements, security deposits, maintenance obligations, and eviction procedures.

• Draft a Comprehensive Lease Agreement: Create a well-drafted lease agreement that includes all the necessary terms and conditions. Ensure it complies with local and state laws. Include details such as rent amount, due dates, lease duration, security deposit requirements, pet policies, and rules regarding property maintenance and repairs.

• Comply with Fair Housing Laws: Understand and adhere to federal and state fair housing laws to prevent any form of discrimination. These laws protect tenants from discrimination based on characteristics such as race, color, religion, national origin, sex, disability, or familial status. Treat all applicants and tenants fairly and equally during the screening and rental process.

• Handle Security Deposits Appropriately: San Antonio has specific regulations regarding security deposits. For example, there is no legal limit to what you can collect as a security deposit. However, collecting an amount that is too high may limit your tenant pool. On the flip side, something too low may have you paying out of pocket for damages to the property. Upon move out, make sure you keep note of anything that needs to be fixed as Texas law requires you to provide a written itemized list of any deductions made from the security deposit.

• Follow Eviction Procedures: If a tenant fails to meet their obligations, such as non-payment of rent or violating lease terms, you may need to initiate an eviction process. Understand the eviction procedures outlined in San Antonio and Texas law, including the notice requirements, timelines, and legal process for removing a tenant. It's crucial to follow the law to avoid any legal complications.

We hope this overview has made you feel more confident about your decision to rent your property in San Antonio. These kinds of requirements change are always subject to change, so it’s always best to check local ordinances to ensure you’re in compliance.

Here at Nomad, we’re experts when it comes to pricing your property, finding a well-vetted tenant, and guaranteeing your rent for the duration of the lease you sign with your tenant. If you’re interested in learning more about these services and why over 6,000 owners love working with us, get started by requesting your free Guaranteed Rental Estimate!