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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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]
Should You Consider Offering a Month to Month Lease in Texas?
By default, most landlords consider offering only fixed term leases. Fixed term leases are the most common type of lease, providing stability and predictability to both the landlord and the tenant. Typically covering a period of one or two years, these lease agreements form the backbone of the rental property world. But there’s another option… [Read More]
Rental Vacancies Are Nearing Record Lows: What It Means for Landlords
You’ve likely noticed that your rental properties are experiencing fewer and shorter vacancies than usual lately. Even if you don’t have a rental property, you’ve likely seen mainstream publications on the surge in demand (and prices) for rental properties. The data is in. For rental properties all across the country, vacancies are nearing record lows… [Read More]
Finding Good Tenants Is One Thing–Retaining Them Is Another
Did you know about 44 million housing units were occupied by renters in the U.S. last year? Finding good tenants is hard work. It involves advertising vacancies in the right places, charging competitive rental rates, conducting thorough background checks, and doing other things. One source notes that the average time a U.S. renter in a… [Read More]
8 Things to Consider Before Buying Your First Investment Property
Were you aware that individual investors own around three in 10 rental properties? That’s according to Census projections. It’s also worth noting that a supply deficit and rising prices are the two main challenges for investors eyeing residential properties this year. People typically add investment properties to their investment strategies because of the passive income… [Read More]
The Top 10 Rental Property Marketing Mistakes
If you want your rental property to be successful and generate consistent income, you need to keep it occupied with tenants. And to attract those tenants, you need to market your rental property. That means putting your property in front of more people looking for a rental and making it seem as attractive as possible…. [Read More]
4 Reasons to Vet Prospective Tenants
Did you know that real estate investors scooped up almost two in 10 — precisely 18.4% — of homes sold in the U.S. during the final three months of 2021? It’s well-known that investing in real estate can be a profitable endeavor over time. In addition to the potential for significant property value increases, real… [Read More]
How to Lower Closing Costs When Buying a Rental Property
When you invest in a rental property, ROI is everything. You either generate a positive return on your investment or you don’t. And while the agreed-upon sale price is obviously the most essential factor when you run the numbers, you mustn’t ignore closing costs. For all intents and purposes, they’re a part of the investment…. [Read More]
11 Tips for Houston Landlords When Hunting for Tenants
Every landlord would love to have the perfect tenants, but there are some bad eggs out there, sad to say. Proper tenant screenings and background checks are a good start to avoid them. However, there are other factors you’d be smart to consider. Take a look at the 11 tips below to help you find… [Read More]
5 Lease Terms Your Houston Tenant Might Not Fully Understand
Rental agreements in Houston are legally binding contracts that must conform to Texas state law. A lease containing clauses that violate state or federal law can be deemed null and void by a judge. However, no matter how much effort you make to be specific and follow the law, sometimes lease terms can be ambiguous… [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…