8 Mistakes You Shouldn’t Make in Turnkey Investing
Turnkey investing is a catchy phrase that sounds pretty intriguing to investors of all levels of experience. But turnkey is kind of…
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
10 Terrible Things That Can Happen When Landlords Allow Pets in a Katy Rental
Landlords are often pressured to allow pets in their rental properties. With more than 68 percent of American households containing a pet,…