Green Residential
Even if you own a lovely home and have taken care of it for years, there’s no guarantee it’s going to sell in the timeframe you want. If you’re struggling to get any offers in the first few months of your listing, it may be a sign that something’s wrong.
… [Read More]
The Fair Housing Act of 1968 was enacted to protect buyers and renters from discrimination. The primary prohibition makes it illegal to refuse to rent or sell to a person because of their inclusion in a protected class. Federally protected classes include race, religion, sex, color, national origin, age, and disability. The Fair Housing Act is a federal law that all Houston Landlords are bound by.
Being a landlord in Texas carries the responsibility of maintaining accurate records pertaining to tenants including maintenance, repairs, damages, and of course the rental agreement or lease. These paper documents pile up quickly, and if you’re not organized they can get lost or thrown away.
Houston is a hot market for property investors, and more homes are being turned into rentals, vacation homes, and income properties.
Parking is a major source of frustration for people in large cities, including Houston. Although it’s convenient to live in an apartment that’s within walking distance of downtown areas, the downside is minimal or expensive parking.
In a perfect world, tenants would pay rent on time and make no excuses when they’re late. In the real world, sometimes it doesn’t work that way.
Although investment properties often yield a predictable cash flow and healthy margins, they can also open you to substantial levels of risk. Those risks are significant enough that some people just avoid this form of investment.
Nobody becomes a landlord thinking, “I sure wish I had something else on my plate right now.” No … in most cases, people invest in rental properties with the dream of generating passive streams of income that require little work or effort.