How to Lose the Shirt Off Your Back Investing in Rental Property
When the real estate market is as hot as its been over the past decade, it’s easy to get caught up in…
How to Avoid the Risks of Over-Leveraging Real Estate Investments
Have you ever wondered how certain people are able to go from having relatively little money and zero investments to having a booming real estate investment portfolio in a matter of just a few years? In most cases, it comes down to the powerful concept of leverage. But as great as leverage is, it’s easy… [Read More]
Should You Offer “First Month” Deals on Rent to Attract New Tenants in Houston?
You’ve probably seen ads offering reduced rent, free rent, or other discounts to tenants for the first month. Discounts are a central part of marketing and if you can offer a deal, why not?
Should You Allow Vaping in Your Katy, Texas Rental Property?
Allowing tenants to smoke cigarettes inside your property can destroy your ability to rent or resell your property. Cigarette smoke sticks to walls, drapes, carpet, and even ceiling tiles in a form of sticky residue. This sticky residue, known as “third-hand smoke,” can linger for years unless it’s intentionally cleaned up.
How Important Is a Credit Score When Screening Tenants?
Tenant screening is one of the most important responsibilities of any landlord. This is your chance to make sure your property is occupied by someone who’s going to take care of it, pay for it consistently, and ideally, stay there as long as possible. You need to be careful in the tenant screening process, because… [Read More]
6 Tips to Foster Healthy Communication With Your Tenants
Effective communication is the key to healthy landlord/tenant relationships. Effective communication is built on three main factors: transparency, honesty, and respect. With these three factors present, you’re more likely to resolve issues with your tenants before they grow into larger issues.
Do You Need Positive Cash Flow to Make Money With a Rental Property?
Buying and managing rental properties is one of the best ways to build wealth. If you purchase the right properties in the right neighborhoods, and keep them in good condition with good tenants, you should be able to cultivate a favorable return on your initial investments, and possibly end up with a source of recurring… [Read More]
Can a Landlord Break a Lease Agreement Early?
If you’re a landlord, you probably have a lease agreement or rental agreement for your tenants, outlining the rules and restrictions for the property, setting rent prices, and outlining a period of time during which the agreement is active. If a tenant breaks the lease agreement early by moving prematurely, they may face a penalty… [Read More]
From Our Blog
House Hunting With Your Spouse: How to Get on the Same Page
For some couples, buying a house is as easy as buying a car. They schedule a couple of showings, find one they…