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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Is it Wise to Renovate a Rental?
In the world of rental properties, landlords strive to keep their overhead low and their returns high. One of the best ways to achieve this is not to spend money on a rental unless necessary. Unfortunately, living by this rule can prove to be detrimental to your property and the value of your home. Why… [Read More]
How to Find the Right Tenants for Your Property
Finding the right tenant for your property can be a stressful process. You are making at least a year-long commitment with a renter that can dictate whether the rental experience will be a breeze or a headache. In a study reported by Bloomberg and done by the Census Bureau, it was found that in June… [Read More]
Maintenance You Need to Perform on Your Investment Property
Did you know that the median price for a single-family home in Texas was $357,388 in the second quarter of 2022? According to the Texas Quarterly Housing Report, that tally is up 19.1% versus the comparable period a year ago. The same report notes that almost half of the 108,390 homes sold in Texas in… [Read More]
How to Winterize Your Rental Property
Your rental property is an income provider in your family. And if you want it to continue producing income for your family for years to come, you have to protect it. There are dozens of ways to do this, but don’t underestimate the importance of winterization each year. Properly winterizing your properties year after year… [Read More]
Finding Good Tenants Is One Thing–Retaining Them Is Another
Did you know about 44 million housing units were occupied by renters in the U.S. last year? Finding good tenants is hard work. It involves advertising vacancies in the right places, charging competitive rental rates, conducting thorough background checks, and doing other things. One source notes that the average time a U.S. renter in a… [Read More]
How to Handle Pests in a Texas Rental Property
Nobody likes the idea of dealing with pests, whether you’re tolerating them in your own home or are dealing with an outbreak in one of your rental properties. Some bugs are totally unavoidable; it’s almost impossible to have a house that’s completely free of flies and other insects. But what steps can you take to… [Read More]
Buyers: How to View a Home Like an Inspector
It’s a tough time to buy a house. Inventory is low, demand is high, prices have increased dramatically over the past couple of years, and there are plenty of cash buyers who are ready to overpay for a property they like. This leaves the average homebuyer in a compromising position. Do you keep your high… [Read More]
Houston Home Improvement Projects for $1,000 or Less
If you’re a Houston homeowner, you’re probably looking for ways to increase the value of your home without emptying your accounts. A $25,000 kitchen remodel or $10,000 outdoor living addition will definitely move the needle, but they aren’t necessarily affordable. You don’t have to bust your budget, fortunately. Plenty of worthwhile home improvement projects are… [Read More]
How to Create a Safety Checklist for Your Katy, Texas Rental Property
Landlords and property managers in Katy, Texas, are responsible for maintaining safe, habitable dwelling units for their tenants. Keeping a property safe requires maintaining structures, land, appliances, and tending to problems like mold. Texas state law requires that you provide a safe, habitable home for your tenants that meets the following general requirements: Structural elements… [Read More]
How to Deal with Water Damage to Your Houston Rental Property
Water damage can be catastrophic to your rental property. Small water leaks can turn into major damage if they’re not handled immediately. Unfortunately, tenants don’t always report small leaks when they first happen. Sometimes they’re hard to spot, but other times, tenants are afraid of getting in trouble when they’ve caused the problem. Are you… [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…