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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Should You Manage Your Houston Rental Properties By Yourself?
You’ve got two choices as a real estate investor: manage your own properties or hire out the service to a property management company. Both options are valid, but the option that’s correct for you will depend on various circumstances. Here’s an exploration of 8 pros and cons to self-managing rental properties: 1. Self-management will save… [Read More]
7 Things You Don’t Want in a Rental Property
Rental properties can make for excellent investments. Not only do they increase in value over time, but they also produce steady cash flow. However, there’s a big difference between a low-maintenance, turnkey property and a property that needs its hand held every step of the way. Learning how to differentiate between the two before investing… [Read More]
6 Ways to Pay for a Home Improvement Project or Renovation
Home ownership is a huge responsibility that entails a unique set of challenges as well as opportunities. Though there are plenty of advantages in owning a piece of real estate that you may assume will increase in value as time passes, the house won’t take care of itself. In order to maintain and increase its… [Read More]
How Houston Landlords Should Estimate Expenses
If you’re going to be profitable as a Houston landlord, you’ll need to have a clear idea of what your expenses are—and how much revenue you’ll be generating. But estimating expenses is more complicated than it seems at first, and if your calculations are off even slightly, it could spell ruin for your entire operation…. [Read More]
8 Tips To Handle Unexpected Property Damage And Repairs In Katy, Texas
Appliance parts fail, motors break down, and accidents happen. Managing a rental property, even just one unit, means dealing with these kinds of breakdowns. Here are some pro tips to handle unexpected property damage and maintenance to your property in Katy, Texas: 1. Expect the unexpected An old saying, but relevant to every aspect of… [Read More]
The 9 Tools Every Homeowner Should Own
With homeownership comes great responsibility. When something breaks, stops working, or needs to be upgraded, there isn’t a landlord or property manager you can call to take care of it for you. It’s up to you to find a solution and, if necessary, handle the repair on your own. But in order to do so,… [Read More]
Landlords: How to Sharpen Your People Skills and Be Successful
Sharpen Your People Skills and Be Successful People skills are important in every aspect of life, but certain professions demand more of you in this area than others. While a desk job – such as an accountant or software developer – might not require a whole lot on this front, landlords and property managers must… [Read More]
8 Safety and Security Tips for Landlords
When you live a quiet, comfortable life without much conflict or trouble, it’s easy to feel like the world is good and everything is fine. However, when you start to interact with people from all different walks of life, you’ll realize that not everyone has the same good intentions and peaceful mentality. Don’t let this… [Read More]
6 Tips for Handling Stress as a Landlord
People don’t get into the business of being a landlord because they want an easy, non-confrontational job where they get to clock in at 9 a.m., take a lunch break, and clock out at 5 p.m. There are plenty of reasons to become a landlord, but predictability and low stress aren’t among them. You don’t… [Read More]
7 Things to Understand About Home Warranty
When you purchase a home, you have to deal with a lot, so when someone mentions the possibility of home warranties cover, you might feel confused. You already have to purchase homeowners insurance; why would you need the extra protection of a warranty for your systems and appliances? Home warranty doesn’t actually cover your home… [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…