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Categories

How to Manage Non-Paying Tenants in Katy, Texas during the COVID-19 Pandemic

How to Manage Non-Paying Tenants in Katy, Texas during the COVID-19 Pandemic

October 28, 2021

With the recent end to the federal eviction moratorium, more than 11 million Americans are behind on rent payments to their landlord. In Texas alone, 600,000 people are behind on rent as of August 2021. The Texas Supreme Court ruled the CDC’s eviction moratorium unconstitutional in February 2021, and has been hearing eviction lawsuits ever… [Read More]

How to Communicate with Problematic Tenants to Maintain Your Legal Advantage in Houston

How to Communicate with Problematic Tenants to Maintain Your Legal Advantage in Houston

October 21, 2021

Nobody expects to end up with problematic tenants, but it happens. Unfortunately, when you have problematic tenants, it’s not easy to evict them. Renters have strong protections that sometimes cover disruptive tenants when little evidence is available. There are only two roads you can travel with problematic tenants. Although you can sometimes get rid of… [Read More]

How to Attract Reliable Tenants in Houston During COVID-19

How to Attract Reliable Tenants in Houston During COVID-19

October 14, 2021

Reliable tenants make it easy to be a landlord. Thankfully, reliable tenants aren’t hard to find in Houston. You just need to know how to reel the good ones in and discourage unreliable people from applying. During the COVID-19 pandemic, finding reliable tenants in Houston can be challenging. Plenty of people are looking for a… [Read More]

Worst-Case Tenant Scenarios San Antonio Landlords Need to Anticipate

5 Worst-Case Tenant Scenarios San Antonio Landlords Need to Anticipate

September 7, 2021

Worst-case scenarios are an unfortunate, if hopefully occasional, reality if you’re a landlord. It’s not unreasonable to accept that you might face one of the following challenges at some point in your career as an investor. You’d be smart to prepare for the worst, but expect the best. If you end facing any of the… [Read More]

Rent Collection Tips and Strategies for Austin Landlords

Rent Collection Tips and Strategies for Austin Landlords

July 15, 2021

The difference between a successful Austin landlord and an unsuccessful one often boils down to a simple measurement: Steady and predictable cash flow. If there’s one element that has a greater impact on cash flow than almost anything else, it’s collecting rent on time and in full. The Importance of Rent Collection When you sign… [Read More]

7 Rent Collection Tips for Houston Landlords

7 Rent Collection Tips for Houston Landlords

November 26, 2020

At the end of the day, real estate investors become landlords as a means of generating a return on investment. You can talk about how you purchase rental properties for any number of reasons, like rebuilding the community and providing people with safe, reliable housing – both of which are good and honest sentiments –… [Read More]

7 Costs Houston Landlords Are Likely to Underestimate

7 Costs Houston Landlords Are Likely to Underestimate

November 24, 2020

One of your biggest responsibilities as a Houston landlord will be effectively managing and estimating costs. There are many costs associated with managing a property, from your monthly mortgage payments to ongoing repairs and maintenance, and how you estimate them will play into not only your bottom-line profitability, but also your effectiveness as a landlord…. [Read More]

Should You Help Your Houston Tenants Struggling to Pay Rent During a Crisis?

Should You Help Your Houston Tenants Struggling to Pay Rent During a Crisis?

October 20, 2020

You bought your rental property as an investment to generate income. When a tenant can’t pay rent on time, it can set you back financially. If you rely on rent to cover your mortgage, you’ll need to dip into your savings account and that’s never a good situation. Currently, the world is experiencing the effects… [Read More]

10 Rent Collection Mistakes New Landlords Make

May 28, 2020

Rent collection is probably going to be one of your most gratifying responsibilities as a landlord. It’s a deceptively simple practice—all you have to do is collect money from your tenants at the first of the month (or whatever date is specified by your lease agreement)—and you’ll enjoy the influx of cash however you like.

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]