As a property manager, landscaping is generally considered one of your responsibilities, and if you’re trying to sell or rent one of your properties, great landscaping is also key to increasing curb appeal. Beyond planting a few new shrubs, though, what can you do to make your property stand out to potential tenants? As design trends shift, you just might be surprised by the property styles that are creating a buzz.
No landlord wants to evict a tenant. The eviction process is usually time consuming, stressful, and messy, and at the end of the process you’ll be left without a tenant—and therefore with far less cash flow. That said, there are some circumstances where you won’t have much of a choice.
Tenant screening is one of your best tools for maintaining your profitability as a landlord. It’s a way to weed out potential tenants who pose a risk to your property, or those unlikely to stay for more than a few months, and focus on the reliable, long-term tenants you need to turn a solid return on investment, or ROI. Generally, this means taking tenant applications before accepting new tenants, and reviewing information like past residences and personal financial history.
Every landlord dreams of increasing the rent to bring in a little more cash. It’s not impossible, but it does require some extra work on your part.
Here are 6 of the best ways to increase the value of your Houston rental property:
As a rule, potential homebuyers aren’t apt to be terribly bothered by cosmetic problems in your home. If it can be affordably fixed, it won’t prevent them from making an offer on the house.
But is that always the case? Are there any situations in which a fresh coat of paint could mean the difference between getting offers and sitting for months on the MLS?
When it’s time to say goodbye to your beloved home, a lot can go into getting it ready to sell. You’ll have to visit the bank, find a good Realtor, make minor updates, and be ready for showings at any time.
Also, you have to find somewhere new to live. You’ve likely built some equity into your current home, which can be used toward a down payment on the new place if you can sell it before closing on the place you want to live next.
This is known as a contingent offer, and you should understand what it entails before making or accepting one.
When it comes to hiring employees, employers normally grasp the importance of attracting and retaining top talent. In an effort to accomplish these goals, they might have to go outside their immediate market to find or shift workers around.
Become a homeowner, everyone says. It’s a smart financial decision, people tell you. But for millions of people, homeownership feels less like a blessing and more like a burden.
Why? Does it have to be this way?
As any landlord knows, finding a good tenant is hard work. You have to market your listing, show the property, collect applications, screen applicants, choose a tenant, and sign a lease agreement. It’s a time-consuming and costly process – particularly if the property sits vacant for any length of time.