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Categories

10 Tips for Diversifying Your Real Estate Portfolio

10 Tips for Diversifying Your Real Estate Portfolio

April 21, 2020

If you’re an avid real estate investor, you likely already know about the importance of diversifying your portfolio. In the stock market, diversification is fairly straightforward; you’ll want to own shares in a mix of companies from different industries and of different sizes. Index funds and mutual funds make this easy, allowing you to essentially… [Read More]

With Luxury Housing Down, Are Houston Rents Rising?

With Luxury Housing Down, Are Houston Rents Rising?

April 16, 2020

Houston’s rankings as a real estate market have been on a rollercoaster ride over the last several years. Back in 2014, before oil prices crashed, the city was ranked first in PwC and the Urban Land Institute’s Emerging Trends survey, then subsequently took a tumble, and this year has landed in the middle of the… [Read More]

Choosing Your Top Tenant Applications

Choosing Your Top Tenant Applications: Who Stands Out?

April 14, 2020

The rental applications have come flooding in and it’s time to start reviewing them – but what should you look for? Too often, guides to the tenant selection process focus on red flags and while those are important, you want great tenants, not just acceptable ones. At the end of the day, red flags don’t… [Read More]

8 Tips to Make Security Deposits Less of a Headache

8 Tips to Make Security Deposits Less of a Headache

April 7, 2020

As a real estate investor and landlord, your job is all about mitigating risk and maximizing return. The more you’re able to accomplish these overarching goals, the more success you’ll experience. And while security deposits may seem like a small issue to outsiders, experienced landlords know just how much they impact both risk and reward…. [Read More]

Investing in Rental Property

How to Lose the Shirt Off Your Back Investing in Rental Property

March 31, 2020

When the real estate market is as hot as its been over the past decade, it’s easy to get caught up in thinking rental property investing is a guaranteed cash cow. But while it can be a prosperous method of generating income, it can also lead to dire financial consequences for those who are ill-prepared… [Read More]

Should You Invest in a Turnkey Property?

Should You Invest in a Turnkey Property?

March 24, 2020

When it comes to real estate investing, buzzwords get thrown around like candy at a parade. And if there’s one buzzword that’s overused more than the rest, it’s “turnkey.” The phrase is used so frequently that it seems to have lost all its meaning. You think you want to invest in a turnkey property, but… [Read More]

What to Do When Your Texas Tenant Doesn't Pay Rent

What to Do When Your Texas Tenant Doesn’t Pay Rent

March 17, 2020

The profitability of your rental property depends on your major source of income—rent from tenants. If all goes well, you’ll be able to collect rent, reliably, on a monthly basis, in excess of your ongoing expenses. You’ll easily meet all your ongoing costs, with a bit left over to serve as profit, all while your… [Read More]

How to Avoid the Risks of Over-Leveraging Real Estate Investments

How to Avoid the Risks of Over-Leveraging Real Estate Investments

March 3, 2020

Have you ever wondered how certain people are able to go from having relatively little money and zero investments to having a booming real estate investment portfolio in a matter of just a few years? In most cases, it comes down to the powerful concept of leverage. But as great as leverage is, it’s easy… [Read More]

Should You Offer “First Month” Deals on Rent to Attract New Tenants in Houston?

Should You Offer “First Month” Deals on Rent to Attract New Tenants in Houston?

February 27, 2020

  You’ve probably seen ads offering reduced rent, free rent, or other discounts to tenants for the first month. Discounts are a central part of marketing and if you can offer a deal, why not?

Should You Allow Vaping in Your Katy, Texas Rental Property?

Should You Allow Vaping in Your Katy, Texas Rental Property?

February 25, 2020

Allowing tenants to smoke cigarettes inside your property can destroy your ability to rent or resell your property. Cigarette smoke sticks to walls, drapes, carpet, and even ceiling tiles in a form of sticky residue. This sticky residue, known as “third-hand smoke,” can linger for years unless it’s intentionally cleaned up.