ELLIS HomeSource, Inc. was created in 1984 to provide executive-level property management and leasing services to the small owners of residential real estate. ELLIS HomeSource, Inc. also serves the institutional owners of residential investment property. Our firm specializes in managing and leasing single-family homes, duplexes, condominiums, town homes, and small clusters of apartments — any type of residential real estate that is too small to justify the cost of on-site management and leasing personnel.
ELLIS HomeSource is centrally located in Irving, Texas, to provide these essential off-site services throughout the Dallas/Fort Worth Metroplex.
ELLIS HomeSource, Inc. has earned the Institute of Real Estate Management’s prestigious Accredited Management Organization (AMO) designation. ELLIS was one of the first companies in the nation specializing in off-site management to earn this nationally recognized designation.
Ellis HomeSource manages some of the areas most desirable rentals in the Dallas/Ft. Worth Metroplex. Our enterprising staff understands that consistently working to improve the quality of service and attention to detail are the best ways to provide comfortable homes for the people who have chosen our rental properties. Our residents feel comfortable knowing that 24/7 they will be able to reach a qualified agent who will promptly address any of their maintenance issues. Our business is to provide our clients with management solutions that in turn help their properties operate seamlessly, increase desirability and enhance the investment value. That is why property owners throughout the area rely on us to help achieve their goals of property performance and profitability.
For over 27 years Ellis HomeSource has been serving a growing need for a professional management company that specializes in residential rentals. We provide many services to the investment property owner for real estate management of their properties. Not only do we take on full management of the property, we also advertise the property, do the showing and leasing of the property, take care of all contract administration and handle all of the accounting needs. Some of these services include: Rent Collection, Provide and Supervise all Maintenance, Payment of Bills/Mortgages, Supervise resident Managers if applicable, Available to Residents and Owners Seven Days a Week and 24 Hours a Day.
A professional Management Company can help you make the most from your rental property, and we can and will save you time and money! Our agents are well experts in marketing your rental property to minimize vacancies and maximize your income. We have the ability to reach the potential renters and weed out the bad so your property will enjoy being continually occupied with the best possible residents. We will strive to maintain and keep your property in the very best condition that it will allow. We can track the incomes and expenses to determine the profitability for your property. We know how to negotiate rental fees and agreements that besets your best interest. We collect the rent and track all the rental deposits and any fees for you. We know and comply to all of the Federal, Sate and Local laws pertaining to real estate and property management. We pride ourselves on our quick response to maintenance needs and requests, and deal with renter problems so you don’t have to.
Ellis HomeSource Property Management will do what it takes to protect your valuable real estate asset while generating the highest rental income possible. Give us a call at (469) 442-1974 for a free consultation. You may be losing valuable rental income NOW!
Rick Ellis, CPM
President
Since 1980, Mr. Ellis has been successfully involved in the operation of apartments and other residential rental real estate, handling a portfolio as large as 6,000 apartment units in four major markets. In 1984, Mr. Ellis began directing his efforts primarily to the individual investor/owner. His objective is to provide the same level of expertise and experience to the single family and duplex investor that is often offered only to large multi-family portfolios. Besides managing real estate, Rick is recognized as an industry expert in apartment marketing, property positioning, and the evaluation of rental markets and submarkets throughout the nation. Mr. Ellis is a much sought after speaker, making hundreds of presentations each year on topics from basic real estate management and resident retention to the economics of apartments.
Mr. Ellis received a Bachelor of Science in 1977 and Masters of Art in 1979 from Abilene Christian University, Abilene, Texas. He holds the Certified Property Manager (CPM) designation from the Institute of Real Estate Management. He also holds a Texas Real Estate Broker license and is an Eagle Scout.
COMPANY SERVICES
Management
With a management team that includes both a Certified Property Manager (CPM) and numerous licensed real estate professionals, ELLIS HomeSource provides quality management services for every client’s needs. We understand that each rental unit is an investment, whose bottom line income can be best maximized only by the careful balance of aggressive marketing, efficient maintenance, professional management, and friendly, prompt service to the Resident. ELLIS HomeSource employs the kind of people who can maintain this balance of service that produces stable, long-term Residents paying the highest possible rental rates.
Leasing
ELLIS HomeSource utilizes TREC-licensed leasing professionals who personally screen, qualify, and show prospective Residents ELLIS-managed homes, townhomes, duplexes, and condos. ELLIS also owns J. Ellis Apartment Locators and Las Colinas Apartment Locators in Irving, Texas, and through these affiliates, ELLIS HomeSource has the additional resources of over 22 relocation specialists and their hundreds of leasing prospects. The result is prompt occupancy with the most highly qualified Resident for all ELLIS HomeSource -managed units. In a rental housing market where leasing is almost more important than management, we can provide stable, competent Residents in a very timely manner. ELLIS HomeSource dislikes a vacant rental unit as much as you!
Maintenance and Make-Ready
Through the direction of its experienced property manager, ELLIS HomeSource offers full-service maintenance. For repairs that go beyond “in-house” expertise, ELLIS HomeSource has negotiated a below market service agreement with several reputable, professional companies to provide a low rate to its clients. ELLIS HomeSource may also coordinate and oversee landscaping and swimming pool services to ensure that a property maintains its curb appeal and overall desirability. Finally, for a small fee, ELLIS HomeSource offers a complete punch out and walk-through service to provide owners and lending institutions with a condition report of the property, including repair and renovation recommendations and schedules.
Accounting
Each month, ELLIS HomeSource produces a clear, concise computerized summary of the activities involving your investment property. ELLIS HomeSource provides an accurate and comprehensive record of all the transactions for your rental property. These itemized statements are produced and reviewed by our in-house accounting personnel. Your property manager or an ELLIS HomeSource accounting representative will gladly answer any question about your statement.