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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What Are the Biggest Red Flags to Notice During a Home Inspection?
Before you finalize any property transaction, it’s important for you to conduct a home inspection. Typically, the homebuyer conducts a home inspection as they see fit after making an initial offer—with that offer contingent upon the results of the inspection. If the inspection goes well, the offer can go through without a hitch. Occasionally, you… [Read More]
8 Tips to Make Security Deposits Less of a Headache
As a real estate investor and landlord, your job is all about mitigating risk and maximizing return. The more you’re able to accomplish these overarching goals, the more success you’ll experience. And while security deposits may seem like a small issue to outsiders, experienced landlords know just how much they impact both risk and reward…. [Read More]
A Landlord’s Guide to Dealing With Water Damage
Water damage…the words alone are enough to make any homeowner shudder with fear. But if you own rental properties, you’re going to eventually face a situation where you have to deal with water damage. What do you do? Who is responsible? Where do your renters go? Questions like these abound – so make sure have… [Read More]
What Property Owners Should Know About Houston’s Dangerous Housing
Houston is one of the most important rental markets in the United States, with the third-highest number of apartments of any American city – but all isn’t well for the city’s tenants. In a recent study performed by the University of Texas School of Law, researchers determined that about 40% of Houston apartments were built… [Read More]
6 Smart Ways Landlords Reduce Liability
Although investment properties often yield a predictable cash flow and healthy margins, they can also open you to substantial levels of risk. Those risks are significant enough that some people just avoid this form of investment.
Learn from Others: 15 Major Mistakes Landlords Make in 2019
As a landlord, you’ve probably learned the value of observing your peers. You’ve learned many excellent approaches by shadowing other landlords, but you can often learn more from their mistakes.
Should You Manage Your Houston Rental Properties By Yourself?
You’ve got two choices as a real estate investor: manage your own properties or hire out the service to a property management company. Both options are valid, but the option that’s correct for you will depend on various circumstances. Here’s an exploration of 8 pros and cons to self-managing rental properties: 1. Self-management will save… [Read More]
How to Renovate Your House for $10,000 or Less
The average family moves every few years. Sometimes there’s a functional need for the move – such as moving into a new school district, adding a bedroom, or downsizing. Other times, people move because they want something fresh or new. But moving for purely aesthetic purposes is expensive. What if you could totally change the… [Read More]
How to Avoid Getting Screwed by a Contractor
Renovating your house? Investing in a fixer-upper? Upgrading one of your properties so you can increase the rent? Whatever the case, you’re probably going to need to bring in a contractor to help you do the heavy lifting. But given such a lack of regulation in the industry, you want to be extra careful to… [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…