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Categories

Managing a Beach House Rental Property

9 Simple Ways to Increase Your Vacation Rental Income

May 26, 2020

Vacation rentals are among the most popular real estate investments. Not only are they fun and flexible investments, but they can also be highly profitable. The question is, are you maximizing your rental income profits?

Airbnb vs. Long-Term Rental: Which is The Best Rental Strategy?

Is an Elevated Vacancy Rate Holding You Back?

May 21, 2020

Investing in rental property isn’t for everyone. You need some capital, a certain degree of risk tolerance, and a willingness/ability to pay attention to the details. But ultimately, the formula for land lording success isn’t that complex. It looks a little something like this:

Is Being a Landlord a Full-Time Job?

April 30, 2020

Becoming a landlord and managing one or more rental properties is a great way to develop an income stream. If managed carefully, you should be able to make an easy profit every month, all while slowly accumulating the benefits of property appreciation.

With Luxury Housing Down, Are Houston Rents Rising?

With Luxury Housing Down, Are Houston Rents Rising?

April 16, 2020

Houston’s rankings as a real estate market have been on a rollercoaster ride over the last several years. Back in 2014, before oil prices crashed, the city was ranked first in PwC and the Urban Land Institute’s Emerging Trends survey, then subsequently took a tumble, and this year has landed in the middle of the… [Read More]

Choosing Your Top Tenant Applications

Choosing Your Top Tenant Applications: Who Stands Out?

April 14, 2020

The rental applications have come flooding in and it’s time to start reviewing them – but what should you look for? Too often, guides to the tenant selection process focus on red flags and while those are important, you want great tenants, not just acceptable ones. At the end of the day, red flags don’t… [Read More]

8 Tips to Make Security Deposits Less of a Headache

8 Tips to Make Security Deposits Less of a Headache

April 7, 2020

As a real estate investor and landlord, your job is all about mitigating risk and maximizing return. The more you’re able to accomplish these overarching goals, the more success you’ll experience. And while security deposits may seem like a small issue to outsiders, experienced landlords know just how much they impact both risk and reward…. [Read More]

Investing in Rental Property

How to Lose the Shirt Off Your Back Investing in Rental Property

March 31, 2020

When the real estate market is as hot as its been over the past decade, it’s easy to get caught up in thinking rental property investing is a guaranteed cash cow. But while it can be a prosperous method of generating income, it can also lead to dire financial consequences for those who are ill-prepared… [Read More]

What to Do When Your Texas Tenant Doesn't Pay Rent

What to Do When Your Texas Tenant Doesn’t Pay Rent

March 17, 2020

The profitability of your rental property depends on your major source of income—rent from tenants. If all goes well, you’ll be able to collect rent, reliably, on a monthly basis, in excess of your ongoing expenses. You’ll easily meet all your ongoing costs, with a bit left over to serve as profit, all while your… [Read More]

Should You Offer “First Month” Deals on Rent to Attract New Tenants in Houston?

Should You Offer “First Month” Deals on Rent to Attract New Tenants in Houston?

February 27, 2020

  You’ve probably seen ads offering reduced rent, free rent, or other discounts to tenants for the first month. Discounts are a central part of marketing and if you can offer a deal, why not?

Should You Allow Vaping in Your Katy, Texas Rental Property?

Should You Allow Vaping in Your Katy, Texas Rental Property?

February 25, 2020

Allowing tenants to smoke cigarettes inside your property can destroy your ability to rent or resell your property. Cigarette smoke sticks to walls, drapes, carpet, and even ceiling tiles in a form of sticky residue. This sticky residue, known as “third-hand smoke,” can linger for years unless it’s intentionally cleaned up.