How to Buy Your First Rental Property in Houston
You might be looking for ways to expand your portfolio. Stocks and bonds are only scratching the surface for your financial future;…
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More people are renting today than ever before, mostly because of the millennial generation, or Generation Y. This group of people includes anyone born between 1980 and 2000, and they’re an ideal target audience for your rental property. They love the freedom and flexibility that come with renting rather than buying. With that said, they… [Read More]
High vacancy rates will bring even the most successful landlord to his knees. It’s like a deadly virus that latches on and never wants to give up. Whether you experience high vacancy rates with all of your properties, or just one, it’s important that you have a plan in place for quickly getting renters. In… [Read More]
Do you have a large home with substantial unused square footage? Would you be interested in learning how to increase your cash flow each month and help pay the mortgage? If the answer to each of these questions is “yes,” you may want to consider renting out a spare bedroom in your home. However, it’s… [Read More]
While much of the focus is on tenant screening when it comes to the landlord-tenant relationship, it’s important to remember that you’re ultimately responsible for attracting the tenants in the first place. That means setting yourself up for success by keeping in mind what aspects, amenities, and features prospective renters are looking for.
You have a lot to consider when you’re a landlord and having to market your properties. From determining the most strategic price point to using effective advertising channels, juggling all those balls can feel overwhelming at times.
When you’re a landlord, it’s essential to protect yourself against as many potential risks as possible. Some of those will inevitably involve the question of subletting before you sign a contract with a new tenant.
Hiring a property management company can do a lot for both you and your rental property. For a flat rate each month, landlords can give up most of their worries about rental properties.
When the average person thinks about real estate, their mind immediately jumps to homes for sale. Marketing these homes is important for landlords, and considerable effort should be made. Just because a for-sale and for-rent sign look fairly similar, doesn’t mean the approach here should be identical. Often, there are nuances and differences between the… [Read More]
Whether it’s your first time renting a property, or you’re an experienced landlord, setting the proper rent price will help determine your financial success. Ideally, you would like to set the rent as high as possible to maximize your cash flow. However, in reality, there is more to setting a rent price than determining how… [Read More]