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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You’ve probably dealt with your fair share of noisy neighbors, loud music at 2 am, random disturbances, and other disruptions to daily life over the years. Who hasn’t? It’s safe to say that everyone knows what it’s like to be interrupted by some type of disturbance coming from outside of their home. However, breach of… [Read More]
Rice Military is the name for a neighborhood in Houston, Texas. It’s located just northwest of downtown and is generally considered to be the area bordered by Washington Avenue on the north, Shepherd Drive on the east, the Buffalo Bayou on the south, and Westcott Street on the west. For those looking for nicer properties… [Read More]
While Houston is largely a classic Texas city with all of the things you may expect from a conservative, southwestern town, don’t be fooled. There are areas of Houston that seem like they belong more in San Francisco than in the middle of oil country. One such area is the Montrose neighborhood, a unique blend… [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]