Green Residential
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.
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Millions of people dream of one day owning their own home, but either don’t know where to start or have found it impossible to get the momentum they need to afford one.
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Houston is one of the most important rental markets in the United States, with the third-highest number of apartments of any American city – but all isn’t well for the city’s tenants. In a recent study performed by the University of Texas School of Law, researchers determined that about 40% of Houston apartments were built between 1960 and 1979, a time period marked by lower safety standards. These conditions were made worse by Hurricane Harvey, which severely damaged about 43,000 units throughout the city. Taken together, a substantial portion of Houston’s apartment stock is in poor condition and may not be safe for their residents.
Are you a Houston homeowner considering selling your house? If so, now is the time to act. That’s because, according to experts, home prices are likely at their peak right now, and prices will begin to fall in 2020 with an expected recession. This recession is likely to hit during Q1, after initial predictions that said it would hit in late 2019, and job numbers will fall when it does finally arrive. Wait too long and you’ll be stuck with a house that won’t sell, or at least you’ll have to take a much lower price than you would if you sold now.
To a middle-class worker with a moderate income and limited assets, the notion of investing in real estate seems far-fetched: something reserved for folks in the upper crust. Those people often say things like “It takes money to make money.”
Ask any self-made millionaire or billionaire for a list of the best ways to build wealth and generate income, and almost every one of them will put real estate at the top. It’s one of the single most versatile and lucrative investment vehicles … and, when properly leveraged, real estate can generate thousands of dollars in additional income every single year.
The home-buying process can be emotional. It’s easy to go into the matter with a small set of needs and desires but end up with an extensive list of “must-haves.”
When it comes to real estate investing, there are dozens of directions you can go. You can invest in single-family residential properties, multifamily properties, apartment buildings, raw land, commercial buildings, and even mobile home parks. But in addition to these investments, there’s also the niche of vacation properties.
If you want to be happy in your own home, you need more than a big house, nice furniture, and a good location. You also need friendly neighbors. Unfortunately, many homeowners accidentally get on the bad side of their neighbors. Don’t let this be you.
When you were young and just starting out on your financial journey, you bought a house. Maybe you bought it as a single person, or perhaps you were newly married. Whatever the case may be, you bought an affordable home in a quality neighborhood and diligently made your monthly mortgage payment to the bank. Then life happened. And now you’re left wondering if it’s time to upgrade that starter home into something a little bigger, nicer, or more practical. Is it time?