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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6 Practical Tips for Landlords Dealing with Troublesome Tenants
Owning rental property comes with some big challenges, and dealing with troublesome tenants is one of the most important things to get under control. Some tenants are perpetually late with the rent and refuse to pay late fees. However, the worst is when a tenant damages your property. It would be great if they followed… [Read More]
How to Find the Right Tenants for Your Property
Finding the right tenant for your property can be a stressful process. You are making at least a year-long commitment with a renter that can dictate whether the rental experience will be a breeze or a headache. In a study reported by Bloomberg and done by the Census Bureau, it was found that in June… [Read More]
10 Ugly Truths About Buying and Managing Texas Properties
On paper, property management seems like a kind of golden ticket. If you have the right properties in your portfolio, you can sit back, relax, and watch the cash roll in. All you have to do is handle a handful of maintenance requests now and then, and your tenants will send you tons of money… [Read More]
How to Manage an Extended Vacancy in Your Rental Property
For landlords, vacancies are always an issue, as they’re largely unavoidable. Sooner or later, your tenant is going to move out (or find themselves in a position where they can no longer continue paying rent). And that means your unit is going to be empty, at least temporarily. Vacancies are problematic because they prevent you… [Read More]
How to Be More Aggressive With Your Rental Property Investment Strategy
How would you describe yourself as an investor? Are you extremely risk tolerant and aggressive with your strategies? Or are you a more defensive and cautious player, only investing when you feel reasonably certain of the potential gains? In the rental property investment world, it’s possible to be successful with a wide range of different… [Read More]
How to Sell a Texas Property With a Tenant Still Living in It
Owning a rental property can be extremely financially advantageous, providing you with a steady stream of income and an opportunity to benefit from long-term property appreciation. But owning this type of property, and managing tenants actively, does come with some additional complications and risks. For example, let’s say you’re 6 months into a 1-year lease… [Read More]
Buying a Duplex as Your First Home: What You Should Know
Most people buying a house for the first time are primarily interested in a single-family home – a traditional house that was designed to provide shelter to a single family, with a single unit. But there are also multifamily homes available for sale, including duplexes. Duplexes are multifamily houses with two individual units; if you… [Read More]
How to Address Tenant Privacy Concerns
Managing a rental property means allowing other people, your tenants, to occupy your property in exchange for paying an agreed-upon monthly rental fee. This arrangement can be mutually beneficial, providing affordable housing to someone who needs it while simultaneously giving you an opportunity to generate profit. But this arrangement also presents some interesting complications. For… [Read More]
How Rental Property Owners Can Address the Housing Affordability Crisis
In urban areas around the country, people are struggling to afford housing. The cost of purchasing a new house is so high that it’s unreasonable for many workers to even consider it as an option. At the same time, monthly rent is increasing at an unprecedented rate, making it harder and harder for people to… [Read More]
Is an Open House the Right Strategy to Sell Your Houston Texas Home?
If you want to sell your house as quickly as possible, you’ll be willing to consider a wide range of different marketing and sales tactics – including offering an open house. In an open house environment, prospective buyers can freely tour your house, talk to your real estate agent (if applicable), and even make bids…. [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…