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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What to Do if a Tenant is Hosting Airbnb Guests Against the Lease
No matter how much you try, it’s impossible to control everything your tenants do with your property. A large portion of the risk involved in owning rental properties is that tenants are unpredictable. One of the most problematic things tenants do is run an Airbnb business. Regardless of what’s in their lease, some tenants feel… [Read More]
How to Use Your Rental Income Smartly
It’s not really a secret anymore. Real estate is the best, fastest, and most predictable way to build wealth. If you play by the rules, don’t get emotionally involved, and use objective decision-making to invest in the right rental properties, you will generate revenue over time. However, there’s one big question that remains: What do… [Read More]
4 Reasons to Vet Prospective Tenants
Did you know that real estate investors scooped up almost two in 10 — precisely 18.4% — of homes sold in the U.S. during the final three months of 2021? It’s well-known that investing in real estate can be a profitable endeavor over time. In addition to the potential for significant property value increases, real… [Read More]
What a Landlord in Texas Can and Cannot Do
When you decide to become a landlord in Texas, you have to perform research into what responsibilities are involved. Aside from an acquaintance with standard laws and regulations, there are other small aspects you may have been aware of. Upon the signing of the lease, both tenants and landlords become entitled to certain specific rights…. [Read More]
When Should You Raise the Rent?
Over the last 10 years, rental rates in the US have increased by 31%. That’s an average of about 3% per year. This shouldn’t be surprising. Landlords must raise rents to keep up with rising expenses and to remain competitive with market rates. But they also want to experience as little turnover as possible, because vacancies… [Read More]
How to Become a Landlord in 2022
Many people who are looking to expand their portfolio or are looking to make passive income are looking at alternative options. One of the most popular options is the idea of becoming a landlord. But becoming a landlord since the COVID-19 global pandemic has significantly changed. In fact, it even has become more profitable for… [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]
Rent Collection Tips and Strategies for Austin Landlords
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]
7 Rent Collection Tips for Houston Landlords
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]
How to Keep Unavoidable Damage, Wear, and Tear to a Minimum
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]
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…