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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6 Tips for Renting to College Students
Most landlords choose a specialty or niche based on property type, rather than renter demographic. However, there are other ways to narrow your focus. One popular niche is college students. If you decide to go this route, there are some of the nuances you’ll have to consider. Why Rent to College Students? College kids might… [Read More]
Should You Help Tenants Who Can’t Pay Rent in Houston, Texas? 5 Considerations
Although it was designed to assist tenants, the national eviction moratorium, including all of its extensions, has been devastating for landlords. While renters across the country have been skipping out on rent for more than a year, property owners have been on the hook for paying their mortgages the entire time. By the time the… [Read More]
How to Create the Perfect Listing for Renting out a Room in Houston, Texas
Your ability to attract great tenants in Houston begins with how well you write your rental listings. A clear, direct, and detailed listing is the best way to attract your ideal tenant. However, there is an art to writing rental listings that attract great tenants over tenants who will take anything they can get. Ultimately,… [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.
8 Tips to Make Security Deposits Less of a Headache
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]
Security Deposit vs. Move-In Fee: Which is Better for Landlords?
Landlords are always looking for ways to reduce risk and increase profitability. And when you let someone else live in your property, one of the biggest risks involves the potential damage they could do to the residence. For years, the security deposit has been the preferred method of compensating for property damage related risk. But… [Read More]
14 Resolutions Landlords Should Make Now
Right now, the country is experiencing what experts like to call rental nation. It’s an apparent rise in the number of renters versus homebuyers, which has put the number of renters at an all-time high and the number of homebuyers at the lowest it’s been since 1967. As a result, more rental properties and landlords… [Read More]
How to Handle Security Deposits as a Houston Landlord
While working through a lease agreement with a new tenant might seem normal, avoid the tendency to glaze over the details. Upon ending a tenant-landlord relationship, security deposit issues are among the most common problems people have. It’s important that you develop a specific strategy for implementing and explaining your security deposit to tenants.
Tips for Tenant Screening
Choosing the right tenants is one of the most important parts of being a landlord. The right tenants make being a landlord an easy way to make money, particularly with help from Houston, Woodlands, and Katy property management. The wrong tenants, on the other hand, are bad news.
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…