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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When moving into a new home, people often choose to sell their previous residence. Most of the time, selling makes the most sense. There are situations, however, where it’s more beneficial to rent out the property instead. It’s important to look at all of the facts, especially when making such a big decision.
There are many rental properties in the Houston market, and when it comes to finding tenants, the competition can be harsh. Having a rental property sit vacant, though, loses you money. It’s important to attract new tenants quickly and reliably. But how is it done? Have you ever wondered how some landlords are able to… [Read More]
Being a landlord can be very profitable, but only when circumstances are in your favor. One of the main keys to landlord success is having low tenant turnover and vacancy rates. Finding a tenant who will stay at your property long-term is sometimes a matter of luck. However, there are things you can do as… [Read More]
Any landlord who has performed the difficult search for the right tenant knows it’s more cost-effective to keep a tenant than to continually find new ones. Keeping a good tenant for a long time means less work, less stress, and reliable income. The goal of every landlord should be to attract and keep high quality… [Read More]
The landlord-tenant relationship is a business relationship. One of the most important aspects of maintaining the health of this relationship is the lease. A vague or generic lease agreement is a sure ticket to legal trouble. Some new landlords make the mistake of downloading a lease from the internet. These leases are almost guaranteed to… [Read More]
In today’s property market, many homeowners choose to lease rather than sell their homes. If you’re a homeowner in Houston, leasing your property can be a very lucrative decision. The low cost of living and numerous attractions in multicultural Houston make the city one of the country’s best places to live. Prospective renters recognize the… [Read More]