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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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]
Legal Considerations Before You Install Video Surveillance on Your Katy, Texas Property
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]
How to Handle Major Damage to Your Austin Rental Property Without Losing Your Mind
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]
Should You Allow Tenants to Sublet on Airbnb in Austin, Texas?
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]
5 Lease Terms Your Houston Tenant Might Not Fully Understand
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]
7 Things That Can Ruin Your Chances at Winning an Eviction Lawsuit in Houston
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]
4 Things You Must Do When You Have Problem Tenants in Houston
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]
Never Change These 4 Lease Terms for Month-to-Month Tenants in Houston (Unless Absolutely Necessary)
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]
Can You Compete With an All-Cash Offer?
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]
What to Do if Your Tenant is Keeping an Exotic or Dangerous Animal in Houston
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]
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…