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Categories

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]

What Should You Do If a Tenant Lies on Their Application?

What Should You Do If a Tenant Lies on Their Application?

September 1, 2022

Before you can start collecting rental income, you need an active tenant. And before you get an active tenant, you’ll need to collect tenant applications from potential candidates. On these applications, your tenants will provide tons of personal details, including their identifying information, rental history, employment information, and more. So what should you do if… [Read More]

8 Types of Difficult Tenants (and How to Manage Them)

8 Types of Difficult Tenants (and How to Manage Them)

August 25, 2022

Sometimes as a landlord, you’ll get lucky. You’ll find a nearly perfect tenant with excellent credit, punctual and respectful habits, steady income, and a burning desire to make rent payments on time while keeping your property in good condition. Sometimes, you won’t be nearly so lucky. If your property portfolio is big enough and you… [Read More]

Is Real Estate Ever a Risky Investment?

Is Real Estate Ever a Risky Investment?

August 18, 2022

If you talk to any seasoned investor, they’ll probably talk about the benefits of investing in real estate. Historically, real estate prices have risen in almost all areas of the United States, and there are dozens of different ways to take advantage of real estate investing. You can invest in residential or commercial properties, you… [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]

Buyers: How to View a Home Like an Inspector

Buyers: How to View a Home Like an Inspector

August 9, 2022

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]

How Landlords Can Automate Their Rental Property Businesses

How Landlords Can Automate Their Rental Property Businesses

August 4, 2022

Talk to any business owner in any industry and ask them to give you their wish list. Do you know what you’ll almost always hear? More time off, less stress, recurring revenue, etc. And what they’re really saying is, “I’d like to automate things so that the business runs without me.” The same is true… [Read More]

Should You Turn Your Austin Rental Property Into an Airbnb?

Should You Turn Your Austin Rental Property Into an Airbnb?

July 26, 2022

Airbnb has single-handedly changed the game for short-term rentals. While they certainly didn’t invent the idea of renting out private homes and second residences to people on a short-term basis, they did make it more accessible and realistic than ever before. As someone who owns an Austin rental property that targets long-term renters, you may… [Read More]

Is It Possible to Have Too Many Rental Properties

Is It Possible to Have Too Many Rental Properties?

July 21, 2022

Real estate investors are always looking for ways to expand their portfolios. Each new acquisition represents new revenue potential, new asset appreciation potential, and additional benefits. Hypothetically, if you keep adding new profitable assets to your portfolio, your portfolio should keep growing in a positive direction. For example, let’s say you start by purchasing a… [Read More]

6 Tips to Improve the Move-Out Process for Your Houston Rental Property

6 Tips to Improve the Move-Out Process for Your Houston Rental Property

July 14, 2022

The move-out process begins each time a tenant gives notice or if you decide to terminate a renter’s lease. The process plays out whether it’s organized or not, but it’s typically smoother when planned. The move-out process occurs in multiple stages. Sometimes it’s not very even. Tenants refuse to vacate, and some leave behind massive… [Read More]