Rent collection is probably going to be one of your most gratifying responsibilities as a landlord. It’s a deceptively simple practice—all you…
As a landlord, you can’t ever sit back and relax. Just because you have good tenants in your properties at the moment, doesn’t mean they’re guaranteed to stick around. It’s up to you to retain them by encouraging and motivating them to renew their leases over and over again. Do you have a plan for… [Read More]
As a landlord, you have to stay organized if you want to succeed. You’ll be dealing with many types of paperwork, including property deeds, rental agreements, and tenant applications, and managing finances like mortgage payments, insurance payments, and rental income.
In Houston, the short-term rental market caters to a number of different populations, but historically there’s been a significant emphasis on snowbirds – largely older individuals who live in the South during the winter months. However, as Houston continues to become more popular as a hub of industry and business, there’s also more interest in… [Read More]
If you’re the landlord, does it really matter if a tenant trusts you? Absolutely. A tenant who trusts and respects their landlord is less likely to cause careless damage to the property. They’re also more likely to communicate with you and work with you to resolve problems.
Are you struggling to communicate with your tenants? If so, you’re not alone. Many Texas landlords have a hard time getting tenants to call them back and report necessary repairs. When a tenant violates their lease agreement, there are confrontations and heated arguments.
If you’re the owner/landlord of a multi-family property or apartment building, you have to be a Swiss Army knife of sorts. Not only are you tasked with providing a secure place to live, collecting rent checks, and ensuring each unit is well-maintained, but you may also have to play the roles of therapist and mediator.
If you’re ready to move to a different city or a new house, you’ll inevitably consider selling your current home. But selling it isn’t the only option; obviously you don’t want it sitting empty, especially if you’re still making mortgage payments, but you do have the option of renting it as you get settled in… [Read More]
Tenant screening is one of the most important responsibilities of any landlord. This is your chance to make sure your property is occupied by someone who’s going to take care of it, pay for it consistently, and ideally, stay there as long as possible.