Helpful Owner Tips


  • Property Manager/Broker Listed as Co-Insured or Additionally Insured... this is part of every contract with Archer & Moreno Realty and must be in the amount of $300,000 or more. Many reputable Insurance Companies offer this free or at a very reasonable price. This will protect both the Home Owner and us from Public Liability.
  • Accidental or Sudden Discharge of Water... normally left off of basic policies. Depending upon the specific policy, this will protect you in the event of a pipe bursting, water heater malfunction, and many additional common plumbing issues.
  • Vacancy Clause... check your current policy for this clause. Most policies exclude coverage if the property is vacant for more than 60 days and will not pay out claims.
  • Loss of Rent... If your property is damaged due to a covered claim and the Tenant is forced to move out; chances are they will not have to pay rent. With this added to your policy, the Insurance Provider would pay rent while the property is being repaired or rebuilt.
  • 100% Replacement Cost... Recommend a minimum of $75 per square foot in Texas to ensure a comparable property is completely rebuilt in the event of a total loss.
  • Homeowner vs. Dwelling Policy... Verify your current insurance policy. Most have a provision excluding coverage if you do not physically occupy the property. If this is the situation, you might seriously consider changing your Homeowner Policy to a Dwelling/LandLord's Policy to protect your investment.

Update Mailing Address:

  • Bexar County Appraisal District... This will ensure important documents concerning the property are mailed directly to you, the homeowner. Additionally, update any and all exemptions to the Rental Property that no longer apply (e.g., Homestead Exemptions, Disabled Vet, etc.).
  • Home Owner’s Association... easily overlooked. This will ensure all correspondence goes to you directly at the correct address, HOA dues paid and alleviate liens being placed on the property.

Property Maintenance:

  • Preventative Maintenance... increasing the long-term value and equity of your property. Preventative Maintenance will save money by taking care of small problems today vs. waiting until the problem is large and costs significantly more to correct the problem.