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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5 Things New Landlords Don’t Know About Managing Houston Rental Properties
Managing a rental property in Houston isn’t easy; you’ve got plenty to learn. You need to be well versed in landlord-tenant law, the Fair Housing Act, the Americans with Disabilities Act, and many other federal, state, and local regulations. For example, Nolo.com explains that under Texas law, landlords are required to disclose certain information in… [Read More]
Concerned About Dishonest Applicants? Use These Screening Strategies
All landlords in Houston aim to find the best possible tenants, but sometimes that’s a difficult task. Fair Housing laws prevent landlords from getting too personal during the screening process and even when you don’t break any discrimination laws, some rejected tenants will file a lawsuit anyway.
11 Reasons Tenants Want to Live in Round Rock, Texas
Are you on a mission to buy investment property in an area that attracts plenty of people? Investing in property in Round Rock, Texas fits that bill. Just as there are plenty of things to do in Round Rock as a visitor, there are numerous reasons people pack up and move to Round Rock. Texas… [Read More]
How Houston Landlords Can Handle Reasonable Accommodation Requests
Landlords in Houston might need to make modifications to a rental unit to accommodate a disabled tenant. The Fair Housing Act requires landlords to make reasonable modifications required for a disabled tenant to use the rental property safely. For example, a tenant who uses a wheelchair might ask their landlord to install a ramp, widen… [Read More]
7 Tips for Becoming a Profitable Landlord in Georgetown, Texas
Being a landlord isn’t glorious, but it can pay off if you do it right. If you’ve got investment property in Georgetown, Texas, here are 7 ways to make it profitable. Be cautious when tenants want to pay rent upfront Sometimes tenants will offer to pay multiple months’ rent upfront or even an entire year…. [Read More]
Short-Term Student Rentals: A New Consideration For Georgetown TX Landlords
Like many Austin suburbs, Georgetown is a college town. Home to Southwestern University, with its undergraduate population of about 1500 students, the area’s population naturally fluctuates with the school year. This year, though, the school year looks a bit different. Though Southwestern does plan to invite all students back to campus, it will be doing… [Read More]
For San Marcos Investors, COVID Relocations Present New Opportunities
COVID-19 has left the real estate industry reeling. Potential buyers are split between taking advantage of record low mortgage rates and the added stress of moving during a pandemic – as seen in major markets like Houston, current conditions have created a buyer’s market. Mortgage rates aside, though, COVID-19 has also sparked a desire to… [Read More]
How to Keep Unavoidable Damage, Wear, and Tear to a Minimum
With a tenant in your rental property, you can’t avoid damage, wear, and tear completely. For instance, the carpet will probably be worn down a bit, even if your tenant doesn’t wear shoes in the house. The carpet will also likely fade a bit and you could end up with hair dye stains in the… [Read More]
Tenants are Protective of Their Deposits: 5 Ways to Mitigate Potential Conflict
If you’ve been a landlord for a while, you’ve probably noticed that tenants are extremely protective of their deposits. It doesn’t matter if the deposit is only $200 – tenants get upset when they don’t get their full deposit back.
7 Things You Should Never Allow a Tenant to do in Texas
Being a good landlord is like being a good parent. You need to be agreeable and kind, but if you don’t set boundaries, your tenants will take advantage of you.
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…