Green Residential
Novice landlords often absorb the myth that any income earned from your rental properties is profit. If you’re realistic, though, there’s a lot more to the picture. Budgeting is a big part of it.
The income you earn from each unit may partly qualify as profit, but a good percentage also goes back into the property; at least, it certainly should. For starters, you have predictable expenses such as taxes, mortgage payments, insurance, and utilities.
No one likes when something goes awry, but when your ceiling develops a leak just as you’re getting into bed or the toilet overflows on a Saturday afternoon, the issue is extra inconvenient. After all, who’s going to come fix the problem at this hour? When property management companies offer 24/7 repair help, however, someone is always on hand to help. Many companies underestimate the value of this kind of resource, but not Green Residential. Our property management expertise is now available in the Katy area…. [Read More]
People are instinctively drawn to natural light. Without the sun, life on earth would be impossible, and people subconsciously realize this when shopping for a home. Apartments and houses with more windows and natural light are appealing to prospective tenants and buyers. You may not be able to increase square footage, but you can give your renters the illusion of a bigger, brighter home by adding windows…. [Read More]
As experienced landlords know, carpet can take a beating. In fact, it’s arguably the most heavily used item in the home and requires frequent replacing. By understanding the causes of damaged carpet and following a few simple rules, you can extend the life of your carpet, keep tenants satisfied, and save money…. [Read More]