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 Types of Difficult Tenants (and How to Manage Them)
Sometimes as a landlord, you’ll get lucky. You’ll find a nearly perfect tenant with excellent credit, punctual and respectful habits, steady income, and a burning desire to make rent payments on time while keeping your property in good condition. Sometimes, you won’t be nearly so lucky. If your property portfolio is big enough and you… [Read More]
4 Reasons to Vet Prospective Tenants
Did you know that real estate investors scooped up almost two in 10 — precisely 18.4% — of homes sold in the U.S. during the final three months of 2021? It’s well-known that investing in real estate can be a profitable endeavor over time. In addition to the potential for significant property value increases, real… [Read More]
9 Essential Tenant Issues That Landlords Often Face
According to a report by the Rental Housing Journal, Texas made the list as one of the top three most popular places to move in 2021. More than 500,000 people have resettled here since 2019, and the numbers continue to grow. If you’re a landlord, these numbers represent big promises for investment properties in the… [Read More]
What to Do When a Tenant Won’t Pay Late Fees in Houston
Late fees are designed to encourage tenants to pay rent on time. Though a late fee won’t make any difference among tenants who genuinely don’t have the money, there are other reasons tenants pay late. Late fees can be a deterrent for those situations. Why would someone not pay the rent on time when they… [Read More]
5 Consequences of Renting to a Bad Tenant (and How to Avoid Problems)
Accepting a bad tenant will inevitably lead to problems. It might take several months for issues to surface, but you may rest assured, they will. There’s no guarantee you can avoid every potentially bad tenant, but most can be readily avoided with the proper due diligence. That means a thorough tenant screening. If you don’t… [Read More]
Should You Help Tenants Who Can’t Pay Rent in Houston, Texas? 5 Considerations
Although it was designed to assist tenants, the national eviction moratorium, including all of its extensions, has been devastating for landlords. While renters across the country have been skipping out on rent for more than a year, property owners have been on the hook for paying their mortgages the entire time. By the time the… [Read More]
How to Manage Non-Paying Tenants in Katy, Texas during the COVID-19 Pandemic
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
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
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]
5 Worst-Case Tenant Scenarios San Antonio Landlords Need to Anticipate
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]
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…