News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
If your home won’t sell and you’re considering renting, you’re not alone. Plenty of people switch from homeowner to landlord when unexpected circumstances arise. Peggy Abkemeier from Rent.com told Time, “We’re finding that a lot of people have houses that they would have sold and now need to rent. The demand is there. One out
Rental property is one of the best investments you can make, and on paper, it seems pretty easy to get started. All you have to do is buy a property, pay a flat mortgage rate, and collect rent in excess of your mortgage payments, right? In reality, being a landlord is much more complicated. You’ll
Property management is our business, but we wouldn’t want you getting caught in an investment that doesn’t work for you. Whether the lifestyle isn’t right or you risk not making a profit with the property, we don’t want you to make a bad investment. Before diving in, consider seven reasons that becoming a landlord should
As a landlord, you obviously have a vested interest in your properties and want to do whatever you can to maximize profitability and enjoy the highest ROI possible. Sometimes this means increasing rent prices to account for new costs or increased demand. However, you can’t just arbitrarily increase rents whenever you want. There’s a process
Being selective about who you rent to is the best way to keep high-quality tenants. Requiring applicants to meet specific criteria when it comes to credit and references is a must. However, the law is strict regarding how you’re legally entitled to select your tenants and how you handle aspects of the relationship. When you’re
When managing a rental property, cash flow should be one of your highest considerations. Cash flow, of course, refers to how much money you have coming in from rent compared to how much money you’re spending on things like your mortgage, property taxes, insurance, and ongoing maintenance.