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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Rental properties can be extremely profitable. They enable you to earn hundreds of dollars a month while you also benefit from the long-term appreciation of the properties’ value. But that’s not always the case. If the space is vacant, you’re losing money instead of making it. You’re responsible for paying the expenses, such as maintenance… [Read More]
If you’re a landlord, you’re almost always searching for good tenants. They keep your business running and make life so much easier. Good tenants pay on time and respect your property, while bad tenants cause problems and may even necessitate a costly eviction. So how do you find the good ones? In this post, we’ll… [Read More]
According to a report by the Rental Housing Journal, Texas made the list as one of the top three most popular places to move in 2021. More than 500,000 people have resettled here since 2019, and the numbers continue to grow. If you’re a landlord, these numbers represent big promises for investment properties in the… [Read More]
Every landlord would love to have the perfect tenants, but there are some bad eggs out there, sad to say. Proper tenant screenings and background checks are a good start to avoid them. However, there are other factors you’d be smart to consider. Take a look at the 11 tips below to help you find… [Read More]
Accepting a bad tenant will inevitably lead to problems. It might take several months for issues to surface, but you may rest assured, they will. There’s no guarantee you can avoid every potentially bad tenant, but most can be readily avoided with the proper due diligence. That means a thorough tenant screening. If you don’t… [Read More]
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]
Do perfect tenants exist? If you define a perfect tenant as someone who follows the rules, pays rent on time, and doesn’t damage your property or cause problems with neighbors, then yes – perfect tenants exist. However, you’ll need to scrutinize your applicants to find them. To find ideal tenants in Houston, you need to… [Read More]
Do you own some land in Houston with a separate, detached livable unit you’d like to rent out? If you’re considering renting to a tenant who will share your land, but not your home, there are several things you need to know. Renting out a separate, livable unit on your land is a good way… [Read More]
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]
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]