Types of Services You Can Get from Property Manager
The U.S. property management segment was worth $3.62 billion last year, up from $3.4 billion the year prior, and could reach…
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10 Ways to Increase Profitability for Your Houston Rental Property
Rental properties remain one of the most common and most lucrative investments you can make. Throughout your ownership of the property, you’ll be able to collect monthly rent from tenants, exceeding your monthly expenses in most cases. On top of that, you’ll benefit from the long-term appreciation of the property – rising prices in a… [Read More]
What to Do if Your Tenant is Keeping an Exotic or Dangerous Animal in Houston
Landlord-tenant disputes over pets are probably unavoidable. At some point, you’ll have a tenant who gets a dog or a cat without permission or avoids paying the required pet deposit. However, such matters are mild compared to finding out your tenant has a dangerous or exotic animal. Discovering an exotic animal in your tenant’s possession… [Read More]
What to Do if You Have a Holdover Tenant in Your Houston Rental Property
When a landlord offers a property for lease and an individual submits an application to rent the property, the application is either accepted or denied. When it’s accepted, the two parties enter into a lease agreement, which involves signing legally binding papers. This lease agreement dictates when a tenant is to move out and/or what… [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]
Should You Help Your Houston Tenants Struggling to Pay Rent During a Crisis?
You bought your rental property as an investment to generate income. When a tenant can’t pay rent on time, it can set you back financially. If you rely on rent to cover your mortgage, you’ll need to dip into your savings account and that’s never a good situation. Currently, the world is experiencing the effects… [Read More]
Concerned About Dishonest Applicants? Use These Screening Strategies
All landlords in Houston aim to find the best possible tenants, but sometimes that’s a difficult task. Fair Housing laws prevent landlords from getting too personal during the screening process and even when you don’t break any discrimination laws, some rejected tenants will file a lawsuit anyway.
Is an Elevated Vacancy Rate Holding You Back?
Investing in rental property isn’t for everyone. You need some capital, a certain degree of risk tolerance, and a willingness/ability to pay attention to the details. But ultimately, the formula for landlording success isn’t that complex. It looks a little something like this:
Choosing Your Top Tenant Applications: Who Stands Out?
The rental applications have come flooding in and it’s time to start reviewing them – but what should you look for? Too often, guides to the tenant selection process focus on red flags and while those are important, you want great tenants, not just acceptable ones. At the end of the day, red flags don’t… [Read More]
8 Tips to Make Security Deposits Less of a Headache
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]
6 Ways to Earn a Tenant’s Trust (and Why it Matters)
If you’re the landlord, does it really matter if a tenant trusts you? Absolutely. A tenant who trusts and respects their landlord is less likely to cause careless damage to the property. They’re also more likely to communicate with you and work with you to resolve problems.
From Our Blog
Buyers: How to View a Home Like an Inspector
It’s a tough time to buy a house. Inventory is low, demand is high, prices have increased dramatically over the past couple…