Are There Alternatives to Selling Your Katy Home?
If you’re getting ready to move to a new location, you’re likely considering selling your Katy, Texas home. It’s a natural part…
7 Rent Collection Tips for Houston Landlords
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
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?
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
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
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]
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.
7 Powerful Tips for Reducing Late Payments
Most outsiders don’t understand just how much stress comes with being a landlord. They assume it’s a flexible job where you ride around town, check in on properties, fix a doorknob or two, and chat with tenants. But what they don’t realize is that it’s actually a struggle to keep the entire operation afloat. Chief… [Read More]
How to Handle Late Rent Excuses from Tenants
As a landlord, you’ll quickly be forced out of your comfort zone. For individuals who strive to avoid confrontation or offending others, it can be easy to become a pushover landlord. Unfortunately, you won’t last long with this kind of reputation. You need to tackle late rent issues head-on to avoid any future catastrophes. Do… [Read More]
From Our Blog
How Houston Property Investors Can Deal With Low Inventory
For many years, Houston has been a promising city for property investors. There are dozens of interesting neighborhoods and suburbs, ripe with…
