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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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 neighborhood. If your total monthly expenses amount to an average of $2,000 per month, you should be able to charge more than $2,000 a month in rent, ultimately making it a profitable property… [Read More]
How to Manage Breach of Quiet Enjoyment Complaints from Houston Tenants
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]
What to Do if a Tenant is Hosting Airbnb Guests Against the Lease
No matter how much you try, it’s impossible to control everything your tenants do with your property. A large portion of the risk involved in owning rental properties is that tenants are unpredictable. One of the most problematic things tenants do is run an Airbnb business. Regardless of what’s in their lease, some tenants feel… [Read More]
5 Reasons Why Hiring a Property Manager Is Good for Landlord-Tenant Relations
Do you know one of the best ways to frustrate good tenants to the point where they move out? You can achieve this objective by providing poor customer service. The best tenants won’t put up with a landlord they don’t respect. They’ll instead head right for the exits at the end of their leases in… [Read More]
6 Practical Tips for Landlords Dealing with Troublesome Tenants
Owning rental property comes with some big challenges, and dealing with troublesome tenants is one of the most important things to get under control. Some tenants are perpetually late with the rent and refuse to pay late fees. However, the worst is when a tenant damages your property. It would be great if they followed… [Read More]
How to Find the Right Tenants for Your Property
Finding the right tenant for your property can be a stressful process. You are making at least a year-long commitment with a renter that can dictate whether the rental experience will be a breeze or a headache. In a study reported by Bloomberg and done by the Census Bureau, it was found that in June… [Read More]
How to Manage an Extended Vacancy in Your Rental Property
For landlords, vacancies are always an issue, as they’re largely unavoidable. Sooner or later, your tenant is going to move out (or find themselves in a position where they can no longer continue paying rent). And that means your unit is going to be empty, at least temporarily. Vacancies are problematic because they prevent you… [Read More]
How to Address Tenant Privacy Concerns
Managing a rental property means allowing other people, your tenants, to occupy your property in exchange for paying an agreed-upon monthly rental fee. This arrangement can be mutually beneficial, providing affordable housing to someone who needs it while simultaneously giving you an opportunity to generate profit. But this arrangement also presents some interesting complications. For… [Read More]
Can’t Sell Your Home? 5 Reasons to Rent it Out
Selling a home seems easy, especially when the market is hot. However, there are a variety of factors that impact the entire process. For instance, an overvalued home won’t sell easily, and if there are too many problems, even a discount isn’t enough to make some buyers jump. If you’ve been struggling to sell your… [Read More]
A Property Manager’s Guide to Handling Difficult Tenants
From the outside looking in, being a landlord is easy-breezy. You buy a property, find a tenant, charge a bunch of rent, use that money to pay your mortgage, and pocket the rest. Then do it over again…rinse and repeat in perpetuity. But as anyone on this side of the equation knows, it’s not that… [Read More]
From Our Blog
Tenant Psychology: How to Better Appeal to Prospective Property Renters
One of your biggest priorities as a landlord is going to be keeping your property occupied. When the property is vacant, you’ll…