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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8 Options for When Your Home Isn’t Selling
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.
What Are Houston Landlords Really Liable for Under the Fair Housing Act?
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… [Read More]
How Long Should a Texas Landlord Save Tenant Rental Documents?
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. One way to cut down on an overwhelming amount… [Read More]
Landlords And Parking Rules: How To Keep Your Tenants Happy In Houston
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.
How Reasonable Landlords Handle Late Fees In Houston
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 most tenants are only late on occasion, others are habitually late. Late fees are supposed to discourage tenants from being late with the rent — not provide… [Read More]
6 Smart Ways Landlords Reduce Liability
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.
Landlords: Don’t Make Things Harder Than They Have to Be
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.
Here’s Why Every Houston Landlord Should Require Renters’ Insurance
Among real estate investors and landlords, risk reduction is a significant challenge that must be faced. You have multiple options for protecting your investment, but in terms of your tenants, requiring everyone to carry renters’ insurance is one of the smartest moves you can make.
Learn from Others: 15 Major Mistakes Landlords Make in 2019
As a landlord, you’ve probably learned the value of observing your peers. You’ve learned many excellent approaches by shadowing other landlords, but you can often learn more from their mistakes.
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…