When Should You Treat a Tenant Repair Request as an Emergency?
Most landlords understand that they’re responsible for handling property repairs and maintenance. While the vast majority of requests your tenants make will…
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Most landlords understand that they’re responsible for handling property repairs and maintenance. While the vast majority of requests your tenants make will be relatively easy and inexpensive to handle, some of them will be both expensive and urgent. These requests are considered to be an emergency, meaning you need to respond as quickly and efficiently… [Read More]
Whether you’re buying a home for your family for the first time or you’re adding a 10th property to your rental real estate portfolio, you’ll need to calculate all your expenses and potential income carefully to determine the upside of this financial move. Real estate is almost always a good investment, but you can make… [Read More]
Owning property in Texas puts you in a decent financial position – especially if you’re renting the property and making a profit on it. But if you want to make your profits consistently, and mitigate potential risk, you need to strategically plan to protect yourself. One way to protect yourself – and your entire real… [Read More]
There are many important ingredients for success in a rental property management strategy. You’ll need to find the right neighborhoods, purchase the right properties, find the right tenants, and keep a tight leash on your expenses if you want to make a consistent profit. In addition to all that, you’ll need to turn yourself into… [Read More]
Just like numerous other economic factors, rental rates fluctuate over time. Theoretically, they can go up and down. Practically, they only go up over time. That means if you don’t ever change your property’s rent rate, you’re eventually going to be undercutting yourself and charging a number that’s well below the going market rate. If… [Read More]