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…
You probably aren’t in the business of owning rental properties for the joy and excitement it offers. Though there may be some level of fulfillment in knowing you’re connecting people with quality housing in your region, it’s ultimately about dollars and cents. You’re trying to pay your own bills and turn a bit of a… [Read More]
In each of the past three years, more than 1 million new homes have been built in the United States. Industry observers predict this will again be the case in 2019. New home construction is a booming industry right now, which leaves many prospective homeowners wondering whether they should opt for a new home or… [Read More]
Whether you’re welcoming new tenants into your property or you’re a new tenant making a move, summer is a less than ideal time to move in the Houston area. In August, days average 93 degrees Fahrenheit, while July tends to be wet, averaging over 5 inches of rain. In fact, Houston weather is so tough… [Read More]
Section 8 housing is a federal program administered at the local level and is key to providing affordable housing to low income Americans. For those who qualify, this program can be life-changing, providing a stable home environment, giving children a safe place to grow up, and even helping them access a higher quality education…. [Read More]
Maintenance and emergency repairs are major issues for landlords and property managers, and even if you have a list of repair professionals at the ready, managing requests and scheduling appointments can quickly take over your schedule. That’s why you need help. Luckily, a growing number of programs aim to support property management professionals in managing… [Read More]
In a conventional mortgage, you’ll be required to put down at least 20 percent when buying a home. However, many people are unable to produce the full 20 percent, particularly in Houston where the average home price is $300,000, well above the national average. Thankfully, there are programs and opportunities for taking out a mortgage… [Read More]
It’s hard to convince potential tenants that bigger isn’t always better. The average tenant wants more space for the price, even if it means a little extra upkeep on their part. If you have a rental with very small rooms, it can drive tenants away. You might have a difficult time filling vacancies and retaining… [Read More]
Real estate makes an excellent investment because you can leverage funds from other sources to make your purchase. However, you won’t find any mortgage lender who will fund your investment if you don’t put money down first. Your down payment is a sign of good faith that you’ll make your payments and bring in a… [Read More]
Selling a home can be a stressful process, especially if you’ve never sold a home before. Not only will you have to deal with high-level decisions like pricing the home accurately and marketing the home the right way, but you’ll also be dealing with the anxiety of a pending home sale—which might or might not… [Read More]
Being a landlord seems like an easy way to make money, assuming you have the capital, some knowledge on real estate trends, and enough time to actively manage your property. But there are a number of obstacles that new landlords face when entering the real estate market for the first time. Among them, landlords frequently… [Read More]