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Categories

5 Good Reasons to Bid Above Asking Price

5 Good Reasons to Bid Above Asking Price (and 5 Bad Ones)

April 7, 2022

If you’re in the market for a new house, you might consider entering a bid above the asking price. For example, if the home is listed at $250,000, you could put in a bid of $260,000. Strategically, this move could make sense. The advantages are obvious; a higher price means your offer will be much… [Read More]

How to Handle Major Damage to Your Austin Rental Property Without Losing Your Mind

How to Handle Major Damage to Your Austin Rental Property Without Losing Your Mind

January 20, 2022

Are you dealing with major property damage to your Austin rental property? Property damage is every landlord’s worst nightmare. Nobody wants to deal with angry tenants who smash windows, burn the carpet, and destroy the walls. Unfortunately, angry tenants can cause extreme damage that can hit your wallet hard. Not only will you be paying… [Read More]

Should You Allow Tenants to Sublet on Airbnb in Austin, Texas?

Should You Allow Tenants to Sublet on Airbnb in Austin, Texas?

January 18, 2022

Are your tenants requesting permission to rent a spare room on Airbnb to earn more income? Is your tenant subletting your property behind your back? If you’re still on the fence about allowing your tenants to sublet on Airbnb, here are some pros and cons to consider. 1. Con: You’ll need to get a license… [Read More]

8 Pros and Cons of Allowing Your Tenants to Sublet in Houston, Texas

8 Pros and Cons of Allowing Your Tenants to Sublet in Houston, Texas

November 23, 2021

Do you allow your tenants to sublet extra rooms to housemates? Most Houston landlords prohibit subletting because it can be an invitation for trouble, including property damage. Housemates don’t always get along; sometimes, roommate situations turn sour. But there are benefits to allowing your tenants to sublet. If you’re not sure which way to go,… [Read More]

How to Avoid Unfounded Retaliation Lawsuits After Serving an Eviction Notice in Houston

How to Avoid Unfounded Retaliation Lawsuits After Serving an Eviction Notice in Houston

October 19, 2021

Tenants tend to file retaliation lawsuits after receiving a notice to vacate, an eviction notice, or a notice of changed lease terms. No matter how hard you try to keep your tenants happy, some tenants would rather spend their time and money suing their landlord than acquiesce to changes they don’t like. If you haven’t… [Read More]

Worst-Case Tenant Scenarios San Antonio Landlords Need to Anticipate

5 Worst-Case Tenant Scenarios San Antonio Landlords Need to Anticipate

September 7, 2021

Worst-case scenarios are an unfortunate, if hopefully occasional, reality if you’re a landlord. It’s not unreasonable to accept that you might face one of the following challenges at some point in your career as an investor. You’d be smart to prepare for the worst, but expect the best. If you end facing any of the… [Read More]

Home Renovation Mistakes Austin Homeowners Make

The Biggest Home Renovation Mistakes Austin Homeowners Make

June 22, 2021

There’s arguably never been a better time to renovate your Austin home. The market is booming and properties that are updated, modern, and well-designed are typically under contract within hours of being listed. (Many for above asking price.) However, don’t let your HGTV obsession convince you that renovating a home is as simple as knocking… [Read More]

How to Keep Your Rental Home Safe From Invisible Lurking Threats in Katy, Texas

How to Keep Your Rental Home Safe From Invisible Lurking Threats in Katy, Texas

February 18, 2021

Being a landlord in Katy, Texas isn’t a simple job. You’re not just managing a property – you’re continually managing your relationship with your tenant(s). For example, fixing a broken toilet may seem like a simple maintenance task, but how fast you make that repair can make or break your tenant’s trust. Tenants expect their… [Read More]

8 Ways Houston Landlords Waste Money

8 Ways Houston Landlords Waste Money

December 29, 2020

As a Houston landlord, you’re in the game of generating cash on your cash. In other words, you’re in the ROI business. But are you really doing everything you can to set yourself up for maximum returns? This a question that you need to analyze through a critical lens. Are You Wasting Money in One… [Read More]

In The Eye Of The Storm: Your Houston Hurricane Survival Guide

In The Eye Of The Storm: Your Houston Hurricane Survival Guide

December 22, 2020

When Hurricane Laura swept through the southwest in late August, Houston was lucky, escaping mostly unscathed. As we know from past experiences, such as the devastation caused by Hurricane Harvey in 2017, that isn’t always the case. The “once in a century” storm killed at least 68 people in the area and caused billions in… [Read More]