News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
If you’ve been a landlord for a while, you’ve probably noticed that tenants are extremely protective of their deposits. It doesn’t matter if the deposit is only $200 – tenants get upset when they don’t get their full deposit back.
The home buying process is long and complicated. And while certain aspects are fun – like touring homes and finding precisely what you want – other elements are pure drudgery. The due diligence and repair process that follows an accepted offer would fall into this latter category. But the better you understand how to handle
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
In our American culture, price negotiations aren’t something the average consumer deals with on a daily basis. When you walk in to Walmart to purchase an item, the price listed is the price you pay. If you think it’s too high, you don’t buy the item. The same goes with food at a restaurant or
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.
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