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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Is a Home Loan Truly “Good Debt”?
You might hear it said that buying a home with the help of a loan is always a good decision because a home loan is “good debt.” In a culture that regularly warns youngsters and financial novices about the dangers of debt and compound interest, this sounds like an oxymoron. Debt is often a financial… [Read More]
5 Good Reasons to Bid Above Asking Price (and 5 Bad Ones)
If you’re in the market for a new house, you might consider entering a bid above the asking price. For example, if the home is listed at $250,000, you could put in a bid of $260,000. Strategically, this move could make sense. The advantages are obvious; a higher price means your offer will be much… [Read More]
What Should You Do If You Don’t Like Your Real Estate Agent?
Your real estate agent is supposed to represent your best interests when buying or selling a home. In an ideal world, they’ll guide you through the process, provide you with advice, and ultimately lead you to a financial decision that you’re happy with. But what happens when your real estate agent doesn’t hold up their… [Read More]
What Could Cause the Texas Real Estate Market to Crash?
Homeowners in Texas have enjoyed exciting economic conditions over the past few years. People are flocking to the state in search of housing, and driving real estate prices higher than they’ve ever been – and far outpacing the growth of prior years prior. It’s definitely a seller’s market, so if you decide to list your… [Read More]
5 Consequences of Renting to a Bad Tenant (and How to Avoid Problems)
Accepting a bad tenant will inevitably lead to problems. It might take several months for issues to surface, but you may rest assured, they will. There’s no guarantee you can avoid every potentially bad tenant, but most can be readily avoided with the proper due diligence. That means a thorough tenant screening. If you don’t… [Read More]
Legal Considerations Before You Install Video Surveillance on Your Katy, Texas Property
Many landlords are looking for innovative ways to protect their properties, especially when they don’t live nearby. Video surveillance systems are an obvious choice, but what is their legal status? The short answer is they’re fine. You may install surveillance cameras on your Katy, Texas rental property as long as they are for security purposes… [Read More]
The Death of the Paper Rent Check
Rent collection has and always will be one of the most contentious topics for landlords. It’s a sensitive issue that sparks passionate debates, arguments, and rants. And while landlords have typically relied on paper rent checks for the better part of a century, they’re no longer considered the ideal option for Katy landlords (or any… [Read More]
Turn Your Home Into a Rental Property With These 5 Tips
There are a plethora of reasons why someone may want to consider turning their home, which is their primary residence, into a rental property. Perhaps you are looking to make passive income or your home has been sitting on the market for longer than you anticipated. Regardless of what your reasoning may be, we have… [Read More]
Niche Housing Communities: 4 Options For Katy Investors
There are countless ways to approach real estate investment. Some investors specialize in single family rentals (SFRs), while others emphasize large multi-family units. The SRO market has largely faded out of existence, but the new interest in cohousing may be reinventing this form. Whatever types of properties you typically emphasize, or whether you have a… [Read More]
Can Small-Scale Rental Owners Compete: A Look At Houston’s Housing Market
Being a real estate investor is hard work, and with recent market fluctuations linked to the COVID-19 pandemic, the situation has become even more challenging. After a brief period in which homes seemed unusually affordable – the result of historically low interest rates – in the last few months, home prices have actually skyrocketed. Buyers… [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…