The coronavirus pandemic has hit Houston landlords hard. Millions of people are unemployed, and while some are receiving unemployment, many aren’t. This…
Real estate investing doesn’t fit into the mold of a traditional business. Generally speaking, it’s not the kind of business where you have standard 9-to-5 hours, cubicles, breakrooms, and rigid HR policies. Whether you’re wholesaling land or renting out single-family properties to tenants, your business moves to the beat of a different drum. Having said… [Read More]
Sometimes watching the news is a bad idea for landlords. There always seems to be some kind of crazy story about tenants who do strange things and cause intense damage to their rental unit. While the following worst-case scenarios are a possibility, they’re highly unlikely. However, tenants are unpredictable so you should be prepared to… [Read More]
Managing a rental property in Houston isn’t easy; you’ve got plenty to learn. You need to be well versed in landlord-tenant law, the Fair Housing Act, the Americans with Disabilities Act, and many other federal, state, and local regulations. For example, Nolo.com explains that under Texas law, landlords are required to disclose certain information in… [Read More]
All landlords in Houston aim to find the best possible tenants, but sometimes that’s a difficult task. Fair Housing laws prevent landlords from getting too personal during the screening process and even when you don’t break any discrimination laws, some rejected tenants will file a lawsuit anyway.
Millions of landlords across the U.S. are dealing with a surge of late and unpaid rent. An estimated 1.3 million Texans have lost their jobs since mid-March, leaving many without any source of income. If you own a property with a federally-backed mortgage or get a federal subsidy, the CARES act establishes a moratorium on… [Read More]
Are you on a mission to buy investment property in an area that attracts plenty of people? Investing in property in Round Rock, Texas fits that bill. Just as there are plenty of things to do in Round Rock as a visitor, there are numerous reasons people pack up and move to Round Rock.
Landlords in Houston might need to make modifications to a rental unit to accommodate a disabled tenant. The Fair Housing Act requires landlords to make reasonable modifications required for a disabled tenant to use the rental property safely. For example, a tenant who uses a wheelchair might ask their landlord to install a ramp, widen… [Read More]
Being a landlord isn’t glorious, but it can pay off if you do it right. If you’ve got investment property in Georgetown, Texas, here are 7 ways to make it profitable. Be cautious when tenants want to pay rent upfront Sometimes tenants will offer to pay multiple months’ rent upfront or even an entire year…. [Read More]