For many San Antonio homebuyers, closing day feels like the finish line. And while in many ways it is the culmination of…
The difference between a successful Austin landlord and an unsuccessful one often boils down to a simple measurement: Steady and predictable cash flow. If there’s one element that has a greater impact on cash flow than almost anything else, it’s collecting rent on time and in full. The Importance of Rent Collection When you sign… [Read More]
At the end of the day, real estate investors become landlords as a means of generating a return on investment. You can talk about how you purchase rental properties for any number of reasons, like rebuilding the community and providing people with safe, reliable housing – both of which are good and honest sentiments –… [Read More]
With a tenant in your rental property, you can’t avoid damage, wear, and tear completely. For instance, the carpet will probably be worn down a bit, even if your tenant doesn’t wear shoes in the house. The carpet will also likely fade a bit and you could end up with hair dye stains in the… [Read More]
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.
Security deposits have long been a norm in the rental world. Tenants are expected to put down as much as an entire month’s rent as insurance against potential damages. Then, when they move out, properties are assessed and the security deposit, or a portion thereof, is supposed to be returned based on the condition of… [Read More]
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]