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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In the world of rental properties, landlords strive to keep their overhead low and their returns high. One of the best ways to achieve this is not to spend money on a rental unless necessary. Unfortunately, living by this rule can prove to be detrimental to your property and the value of your home. Why… [Read More]
You’ve probably dealt with your fair share of noisy neighbors, loud music at 2 am, random disturbances, and other disruptions to daily life over the years. Who hasn’t? It’s safe to say that everyone knows what it’s like to be interrupted by some type of disturbance coming from outside of their home. However, breach of… [Read More]
Did you know that the median price for a single-family home in Texas was $357,388 in the second quarter of 2022? According to the Texas Quarterly Housing Report, that tally is up 19.1% versus the comparable period a year ago. The same report notes that almost half of the 108,390 homes sold in Texas in… [Read More]
Your rental property is an income provider in your family. And if you want it to continue producing income for your family for years to come, you have to protect it. There are dozens of ways to do this, but don’t underestimate the importance of winterization each year. Properly winterizing your properties year after year… [Read More]
Nobody likes the idea of dealing with pests, whether you’re tolerating them in your own home or are dealing with an outbreak in one of your rental properties. Some bugs are totally unavoidable; it’s almost impossible to have a house that’s completely free of flies and other insects. But what steps can you take to… [Read More]
When it comes to achieving the dream “look” or functionality that you want in a house, you have a couple of options. You can sell your home and buy another one, or you can invest that money into renovating your existing home and molding it into precisely what you want. And in a competitive market… [Read More]
According to a report by the Rental Housing Journal, Texas made the list as one of the top three most popular places to move in 2021. More than 500,000 people have resettled here since 2019, and the numbers continue to grow. If you’re a landlord, these numbers represent big promises for investment properties in the… [Read More]
If you’re a Houston homeowner, you’re probably looking for ways to increase the value of your home without emptying your accounts. A $25,000 kitchen remodel or $10,000 outdoor living addition will definitely move the needle, but they aren’t necessarily affordable. You don’t have to bust your budget, fortunately. Plenty of worthwhile home improvement projects are… [Read More]
Water damage can be catastrophic to your rental property. Small water leaks can turn into major damage if they’re not handled immediately. Unfortunately, tenants don’t always report small leaks when they first happen. Sometimes they’re hard to spot, but other times, tenants are afraid of getting in trouble when they’ve caused the problem. Are you… [Read More]
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]