9 Essential Tenant Issues That Landlords Often Face
According to a report by the Rental Housing Journal, Texas made the list as one of the top three most popular places…
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If you’re a Houston homeowner, you’re probably looking for ways to increase the value of your home without emptying your accounts. A $25,000 kitchen remodel or $10,000 outdoor living addition will definitely move the needle, but they aren’t necessarily affordable. You don’t have to bust your budget, fortunately. Plenty of worthwhile home improvement projects are… [Read More]
Every landlord would love to have the perfect tenants, but there are some bad eggs out there, sad to say. Proper tenant screenings and background checks are a good start to avoid them. However, there are other factors you’d be smart to consider. Take a look at the 11 tips below to help you find… [Read More]
During the course of your property management activities, you may feel the impulse to raise the rent at one of your properties. There are many good reasons to do this, such as to cover new expenses like higher property taxes or HOA fees. You may also simply wish to increase your profits by keeping your… [Read More]
Tenants should be allowed to have guests stay a night or two, but long-term guests can pose a problem. Sometimes it’s just a friend or relative who’s visiting from out-of-town, but a long-term guest may include someone who has no intention of leaving. Technically, at some point a long-term guest becomes a tenant. What started… [Read More]
Late fees are designed to encourage tenants to pay rent on time. Though a late fee won’t make any difference among tenants who genuinely don’t have the money, there are other reasons tenants pay late. Late fees can be a deterrent for those situations. Why would someone not pay the rent on time when they… [Read More]
A lease agreement is the central tool in every tenancy. It gives you the legal authority to hold your tenants accountable for their behavior both outside and inside the courtroom. Do you have the following crucial policies in your standard lease agreements? 1. Notice requirements to terminate the tenancy When you accept a qualified tenant,… [Read More]
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]
Water damage can be catastrophic to your rental property. Small water leaks can turn into major damage if they’re not handled immediately. Unfortunately, tenants don’t always report small leaks when they first happen. Sometimes they’re hard to spot, but other times, tenants are afraid of getting in trouble when they’ve caused the problem. Are you… [Read More]