What to Do If You’re Losing Money on a Rental Property
In a hypothetical model, a property owner should be able to generate positive cash flow with a rental property in an attractive…
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When Is It Too Early to Evict a Tenant in Katy Texas?
If you have a tenant who is chronically late with rent payments, or if they’re downright destructive to your property, you might be eager to get rid of them as soon as possible. This is why the eviction process exists; it provides you with a legal path you can use to remove your tenant from… [Read More]
Should You Help Tenants Who Can’t Pay Rent in Houston, Texas? 5 Considerations
Although it was designed to assist tenants, the national eviction moratorium, including all of its extensions, has been devastating for landlords. While renters across the country have been skipping out on rent for more than a year, property owners have been on the hook for paying their mortgages the entire time. By the time the… [Read More]
8 Ways to Avoid Evicting Your Tenants in Houston, Texas
With the national eviction moratorium shut down, Texas landlords are resuming evictions and overwhelming the courts. Currently, eviction lawsuits in Houston are taking time to move through the system and the court costs haven’t gotten any cheaper. Unless your tenant is a danger to the health and safety of others, you may want to consider… [Read More]
7 Things That Can Ruin Your Chances at Winning an Eviction Lawsuit in Houston
Are you in the process of evicting a tenant or about to start the process? Evictions are fully legal now that the CDC’s eviction moratorium has ended. However, if you’re a property investor in Houston, Texas, eviction lawsuits aren’t always easy to win. The courts generally favor tenants over landlords, unless there’s strong evidence that… [Read More]
How to Manage Non-Paying Tenants in Katy, Texas during the COVID-19 Pandemic
With the recent end to the federal eviction moratorium, more than 11 million Americans are behind on rent payments to their landlord. In Texas alone, 600,000 people are behind on rent as of August 2021. The Texas Supreme Court ruled the CDC’s eviction moratorium unconstitutional in February 2021, and has been hearing eviction lawsuits ever… [Read More]
How to Avoid Unfounded Retaliation Lawsuits After Serving an Eviction Notice in Houston
Tenants tend to file retaliation lawsuits after receiving a notice to vacate, an eviction notice, or a notice of changed lease terms. No matter how hard you try to keep your tenants happy, some tenants would rather spend their time and money suing their landlord than acquiesce to changes they don’t like. If you haven’t… [Read More]
Why You Should Consider Giving Your San Antonio Tenants a Rent Break
Your investment income comes from rent money you collect from your tenants. Until your mortgage is paid off, you aren’t technically making a profit. However, rent money is still monthly income you can spend on bills like your mortgage, insurance policies, property taxes, repairs, and renovations. If the COVID-19 pandemic is preventing you from getting… [Read More]
5 Worst-Case Tenant Scenarios San Antonio Landlords Need to Anticipate
Worst-case scenarios are an unfortunate, if hopefully occasional, reality if you’re a landlord. It’s not unreasonable to accept that you might face one of the following challenges at some point in your career as an investor. You’d be smart to prepare for the worst but expect the best. If you end facing any of the… [Read More]
10 Rent Collection Mistakes New Landlords Make
Rent collection is probably going to be one of your most gratifying responsibilities as a landlord. It’s a deceptively simple practice—all you have to do is collect money from your tenants at the first of the month (or whatever date is specified by your lease agreement)—and you’ll enjoy the influx of cash however you like.
What to Do When Your Texas Tenant Doesn’t Pay Rent
The profitability of your rental property depends on your major source of income—rent from tenants. If all goes well, you’ll be able to collect rent, reliably, on a monthly basis, in excess of your ongoing expenses. You’ll easily meet all your ongoing costs, with a bit left over to serve as profit, all while your… [Read More]
From Our Blog
Tenant Psychology: How to Better Appeal to Prospective Property Renters
One of your biggest priorities as a landlord is going to be keeping your property occupied. When the property is vacant, you’ll…