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Categories

Charging Below-Market Rent? Here’s What You Can Do

Charging Below-Market Rent? Here’s What You Can Do

December 15, 2022

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]

How to Use Your Rental Income Smartly

How to Use Your Rental Income Smartly

October 6, 2022

It’s not really a secret anymore. Real estate is the best, fastest, and most predictable way to build wealth. If you play by the rules, don’t get emotionally involved, and use objective decision-making to invest in the right rental properties, you will generate revenue over time. However, there’s one big question that remains: What do… [Read More]

4 Reasons to Vet Prospective Tenants

4 Reasons to Vet Prospective Tenants

August 16, 2022

Did you know that real estate investors scooped up almost two in 10 — precisely 18.4% — of homes sold in the U.S. during the final three months of 2021? It’s well-known that investing in real estate can be a profitable endeavor over time. In addition to the potential for significant property value increases, real… [Read More]

When Should You Raise the Rent

When Should You Raise the Rent?

May 31, 2022

Over the last 10 years, rental rates in the US have increased by 31%. That’s an average of about 3% per year. This shouldn’t be surprising. Landlords must raise rents to keep up with rising expenses and to remain competitive with market rates. But they also want to experience as little turnover as possible, because vacancies… [Read More]

What’s the Best Way to Raise Rent for a Houston TX Tenant?

What’s the Best Way to Raise Rent for a Houston TX Tenant?

March 29, 2022

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]

10 Ways to Increase Profitability for Your Houston Rental Property

10 Ways to Increase Profitability for Your Houston Rental Property

April 27, 2021

Rental properties remain one of the most common and most lucrative investments you can make. Throughout your ownership of the property, you’ll be able to collect monthly rent from tenants, exceeding your monthly expenses in most cases. On top of that, you’ll benefit from the long-term appreciation of the property – rising prices in a… [Read More]

How to Spend Less Time Managing Your Houston Rental Properties

How to Spend Less Time Managing Your Houston Rental Properties

January 5, 2021

Rental properties in Houston are an incredibly valuable investment. Renter demand is high, so you should have no trouble finding a tenant who wants to move in. Price to rent ratios are favorable, so you should easily recover all your expenses each month. And on top of that, Houston is one of the fastest growing… [Read More]

Financial needs

Tips for Raising the Rent While Keeping Tenants

April 28, 2015

Any landlord who’s had a long-term tenant understands the challenge and anxiety of raising the rent. You don’t want to upset your tenant, but you desire or need the additional cash flow.

When Renting Makes More Sense Than Selling

When Renting Makes More Sense Than Selling

February 3, 2015

When moving into a new home, people often choose to sell their previous residence. Most of the time, selling makes the most sense. There are situations, however, where it’s more beneficial to rent out the property instead. It’s important to look at all of the facts, especially when making such a big decision.

Tips for Tenant Screening

Tips for Tenant Screening

November 4, 2014

Choosing the right tenants is one of the most important parts of being a landlord. The right tenants make being a landlord an easy way to make money, particularly with help from Houston, Woodlands, and Katy property management. The wrong tenants, on the other hand, are bad news.