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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Your rental property is an income provider in your family. And if you want it to continue producing income for your family for years to come, you have to protect it. There are dozens of ways to do this, but don’t underestimate the importance of winterization each year. Properly winterizing your properties year after year… [Read More]
If you’re looking to purchase an investment property, one thing to consider is whether or not to hire a property management firm. Some investors shudder at the thought of spending money to retain a company to handle the day-to-day operations of running a residential property. A typical property management arrangement might call for anywhere from… [Read More]
Nobody likes the idea of dealing with pests, whether you’re tolerating them in your own home or are dealing with an outbreak in one of your rental properties. Some bugs are totally unavoidable; it’s almost impossible to have a house that’s completely free of flies and other insects. But what steps can you take to… [Read More]
It’s a tough time to buy a house. Inventory is low, demand is high, prices have increased dramatically over the past couple of years, and there are plenty of cash buyers who are ready to overpay for a property they like. This leaves the average homebuyer in a compromising position. Do you keep your high… [Read More]
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]
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]
Are you dealing with major property damage to your Austin rental property? Property damage is every landlord’s worst nightmare. Nobody wants to deal with angry tenants who smash windows, burn the carpet, and destroy the walls. Unfortunately, angry tenants can cause extreme damage that can hit your wallet hard. Not only will you be paying… [Read More]
In regards to their housing, tenants have a variety of rights. Perhaps the broadest of these rights, however, is the right to a safe and habitable environment, a standard that ensures that tenants don’t need to tolerate infestations, serious leaks, or other hazardous conditions. One aspect of this right that many tenants don’t think about… [Read More]
In real estate investing, “money” is the name of the game. And while no strategy offers a better opportunity to walk away with fast profits than house flipping, it’s also one of the riskiest investment options for a newbie Austin investor who doesn’t understand what he’s getting into. Unfortunately, this often leads to costly mistakes… [Read More]
Maybe you’ve just moved into a Houston home and you’re not quite satisfied with the way it looks and feels. Maybe you’re invested in a Houston rental property and you’re looking for ways to make it stand out from competing properties. Or maybe you’ve lived in Houston for many years and you’re simply interested in… [Read More]