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…
"*" indicates required fields
"*" indicates required fields
"*" indicates required fields
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]
Many landlords are looking for innovative ways to protect their properties, especially when they don’t live nearby. Video surveillance systems are an obvious choice, but what is their legal status? The short answer is they’re fine. You may install surveillance cameras on your Katy, Texas rental property as long as they are for security purposes… [Read More]
Are you dealing with major property damage to your Austin rental property? Property damage is every landlord’s worst nightmare. Nobody wants to deal with angry tenants who smash windows, burn the carpet, and destroy the walls. Unfortunately, angry tenants can cause extreme damage that can hit your wallet hard. Not only will you be paying… [Read More]
Are your tenants requesting permission to rent a spare room on Airbnb to earn more income? Is your tenant subletting your property behind your back? If you’re still on the fence about allowing your tenants to sublet on Airbnb, here are some pros and cons to consider. 1. Con: You’ll need to get a license… [Read More]
Rental agreements in Houston are legally binding contracts that must conform to Texas state law. A lease containing clauses that violate state or federal law can be deemed null and void by a judge. However, no matter how much effort you make to be specific and follow the law, sometimes lease terms can be ambiguous… [Read More]
Are you in the process of evicting a tenant or about to start the process? Evictions are fully legal now that the CDC’s eviction moratorium has ended. However, if you’re a property investor in Houston, Texas, eviction lawsuits aren’t always easy to win. The courts generally favor tenants over landlords, unless there’s strong evidence that… [Read More]
Do you have tenants who cause problems with neighbors or won’t honor the terms of their lease? Did your renters stop paying their rent? Are they hoarding exotic animals or engaging in suspected drug deals? If you’re like most Houston landlords, you’ve been doing everything possible to avoid filing an eviction lawsuit. It makes sense… [Read More]
Once a tenant’s lease becomes month-to-month in Houston, you can amend the lease with 30 days’ notice. There are some terms you can’t change, but for the most part, you can change the rules as needed. While there are plenty of lease terms you might want to change, some terms should only be amended if… [Read More]
Today’s real estate market is highly competitive for buyers. With limited inventory, low mortgage rates, and significant numbers of people moving, it’s hard to make an offer on a home that’s both affordable and compelling for the seller. If you’re competing with all-cash offers, you have an extra layer of competitive difficulty to get past,… [Read More]
Landlord-tenant disputes over pets are probably unavoidable. At some point, you’ll have a tenant who gets a dog or a cat without permission or avoids paying the required pet deposit. However, such matters are mild compared to finding out your tenant has a dangerous or exotic animal. Discovering an exotic animal in your tenant’s possession… [Read More]