What to Do if You Have a Holdover Tenant in Your Houston Rental Property
When a landlord offers a property for lease and an individual submits an application to rent the property, the application is either…
The business of flipping houses is a business most everyone thinks they can excel in. How hard can it be? Anybody can paint a wall, order some carpet and light fixtures, and make an otherwise dumpy looking property shine with new life. Though it may that easy in some regards, the business of house flipping… [Read More]
Compulsive hoarding disorder has gotten a lot of media attention in the past few years, featuring in reality shows like Hoarders on A&E, Hoarding: Buried Alive on TLC, and Confessions: Animal Hoarding on Animal Planet. Shows like these ones paint a dramatic, shocking picture of what it’s like to live with this mental disorder. But… [Read More]
In every state – Texas included – renters are entitled to live in safe, livable conditions, regardless of the price of rent. “Livable” consists of the very basics, like a roof to keep out sun and rain, a reliable home heating system, hot water, and sturdy infrastructure so that the building is in no danger… [Read More]
As a landlord, you rely on your property manager to handle the day-to-day tasks of managing your investment property. While the responsibilities of a property manager can vary depending on the terms of your contract, you likely expect him or her to:
House cleaning is one of the last things that tenants want to do upon vacating a property. The stress that goes along with moving, as well as the sheer volume of work that needs to be done, is one of the many reasons a lot of areas in a home go uncleaned. People may not… [Read More]
Establishing a tenant-landlord relationship with an individual is serious. If someone is going to be living in a property that you own, then you have the right to know who they are and what risks they pose. Unfortunately, many landlords – both inexperienced and veteran – often choose to forgo this critical aspect of the… [Read More]
No one likes when something goes awry, but when your ceiling develops a leak just as you’re getting into bed or the toilet overflows on a Saturday afternoon, the issue is extra inconvenient. After all, who’s going to come fix the problem at this hour? When property management companies offer 24/7 repair help, however, someone… [Read More]
One of the biggest challenges businesses face is setting the right price for their rental property. It’s also one of the most important aspects, but pricing a property or unit isn’t like selling something on eBay. It doesn’t go to the highest bidder, and if the price is too high, you’ll never find a renter…. [Read More]
Time is money, as the saying goes. It’s often difficult to distinguish between the two, particularly for landlords. It’s true that the market is looking up for property managers and their tenants, but spending too much time and money on a project can drastically cut into your profits. From there, your stress levels shoot up,… [Read More]
A bad tenant can end up costing you a lot of money. While you might normally enjoy a positive monthly cash flow, a bad tenant can seriously cut into your profits; worst-case scenario, a bad tenant can actually put you in the red.