Property damage is unavoidable. If you haven’t had to deal with destruction yet, you will at some point in your career. Some…
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.
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]
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]
In every state – Texas included – renters are entitled to live in safe, livable conditions, regardless of the price of rent. “Livable” consists of the very basics, like a roof to keep out sun and rain, a reliable home heating system, hot water, and sturdy infrastructure so that the building is in no danger… [Read More]
When you bring tenants onto your property, a certain amount of damage is simply the cost of doing business. As a landlord – especially an inexperienced one – it can be difficult to determine the difference between actual damage and normal wear and tear. Particularly since it’s your property, it’s easy to become protective, and… [Read More]