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News from Green Residential and around the world of Property Management
and rental homes in Houston.

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Categories

How Important Is a Credit Score When Screening Tenants? 

February 20, 2020

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

February 18, 2020

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.

Can a Landlord Break a Lease Agreement Early?

February 13, 2020

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]

6 Ways Landlords Waste Time (and How to Stop!)

February 11, 2020

As a landlord, time is your most precious asset. You get the same 24 hours in a day that everyone else gets. And assuming you get a healthy seven or eight hours of sleep each night, that means you’re left with just 16 or 17 waking hours in a day. Squandering even a couple of… [Read More]

Do You Need Positive Cash Flow to Make Money With a Rental Property?

February 6, 2020

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]

Real Estate Investing: How to Learn From Failure

February 4, 2020

Our culture looks at failure as a curse word. We view it as an unnatural thorn in the side of what should otherwise be a smooth path to success. But this is the wrong way to view mistakes and disappointments. Because while they never feel good in the moment, failures have the ability to cultivate… [Read More]

How to Find an Up-and-Coming Neighborhood Where You Can Buy a Home

January 30, 2020

When buying a home, you have to consider the state of the neighborhood. Just as importantly, you’ll have to consider how that neighborhood might grow over time. This can be tricky to accomplish, since neighborhoods tend to develop in sometimes unpredictable directions, but if you approach this right, it can benefit you massively.

Should You Use a Collection Agency to Collect Unpaid Rent?

January 28, 2020

As a landlord, you go through a lot of trouble and effort to find reliable tenants who will pay on time and in full. You have your own bills to pay, so you need your tenants to fork over their rent checks on time.

Security Deposit vs. Move-In Fee: Which is Better for Landlords?

January 23, 2020

Landlords are always looking for ways to reduce risk and increase profitability. And when you let someone else live in your property, one of the biggest risks involves the potential damage they could do to the residence. For years, the security deposit has been the preferred method of compensating for property damage related risk. But… [Read More]

How to Set Priorities When Selling Your Texas Home

January 21, 2020

Selling a home is a stressful, yet exciting time for most homeowners in Texas. Chances are, you’ve got your eye on a new home in a new area, and you’re interested in closing this deal as seamlessly as possible so you can start a new chapter in your life. However, if you want the deal… [Read More]