News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
Buying a house is exciting, stressful, time-consuming, expensive … and you could insert dozens of other words. Nobody would dispute that it takes a lot of energy to buy a home at all, and the last thing you want to do is have to sell it and buy another in three to five years when
According to market research, it’s still currently a very good time to invest in an income property. Interest rates are low as the banks become more comfortable about lending money to first-time investors, and rising property prices signal a strong return in the future, whether you sell the home or rent it out.
As a landlord, you know that you’re responsible for the bulk of major repairs and ongoing maintenance for your rental properties. As a general rule of thumb, if the repair was not the fault of the tenant and if it in any way impacts the tenant’s quality of life, it’s on you to do whatever
In a perfect world, your rental properties would be leased on a continuous basis, and there would be no gaps between tenants. But in reality, every rental property will eventually sit empty for a month or two after no tenants have signed a lease agreement.
People need homes, no matter the time of year, so you wouldn’t think weather would affect this market. However, it plays a key factor in home sales. If you’re in the market to sell your home, you may not know that there’s actually a best month and season to sell your home.
Airbnb has quickly become a threat to the hotel industry, but it’s not without its flaws. Safety is the biggest concern for hosts and renters alike. Renters are concerned about physical safety while sleeping in a stranger’s spare bedroom, and hosts are worried about their belongings disappearing in the middle of the night.