News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
When it comes to rental properties, most landlords are fairly “tenant agnostic.” In other words, it doesn’t matter what the tenant does for a living, what profession they’re in, where they’re from, or how much money they make. As long as the tenant passes a background check, has good referrals, and meets the minimum income
Did you know about 44 million housing units were occupied by renters in the U.S. last year? Finding good tenants is hard work. It involves advertising vacancies in the right places, charging competitive rental rates, conducting thorough background checks, and doing other things. One source notes that the average time a U.S. renter in a
Before you can start collecting rental income, you need an active tenant. And before you get an active tenant, you’ll need to collect tenant applications from potential candidates. On these applications, your tenants will provide tons of personal details, including their identifying information, rental history, employment information, and more. So, what should you do if
Sometimes as a landlord, you’ll get lucky. You’ll find a nearly perfect tenant with excellent credit, punctual and respectful habits, steady income, and a burning desire to make rent payments on time while keeping your property in good condition. Sometimes, you won’t be nearly so lucky. If your property portfolio is big enough and you
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
The U.S. property management segment was worth $3.62 billion last year, up from $3.4 billion the year prior, and could reach $6.16 billion by 2028. According to Fortune Business Insights, the industry is on pace to experience a compound annual growth rate of 7.9% between 2021 and 2028. Meanwhile, the Census Bureau counted 48.2 million