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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Landlords have an overwhelming number of responsibilities for taking care of their properties. The last thing any landlord wants to deal with is a hoarder. Unfortunately, hoarders aren’t just fiction created for daytime television shows – they’re real, and they’re everywhere. If your tenant is a hoarder, you need to act fast before they permanently… [Read More]
Screening tenants is one of the most important tasks landlords are responsible for. Applications come in by the dozens for every apartment and it’s their job to sort through them, run the appropriate checks, hold interviews, and determine who will live in your properties. As a result of this constant work, most landlords have a… [Read More]
If you own rental properties in Houston, it’s crucial to maintain good relations with your tenants. One way to do this is by hiring a quality property management company to handle the upkeep. Are you looking for advice on how to maintain your rental properties in Houston? Look no further. Below are nine critical tips… [Read More]
If you want to earn as much as you can on your Houston investment properties, it’s worthwhile to use the best property management team you can. If you encounter any of the mistakes below in the management of your portfolio, you may want to switch to a different management firm. Public Safety Problems Every property… [Read More]
When you buy your first rental homes in the Houston area, it may take a while to learn the ropes. Through trial and error, most landlords eventually master how to make money in the rental property business. But there’s no question there will be bumps along the way, especially when you first get into the… [Read More]
No landlord or property manager in Houston is eager to face difficult tenants. Some renters constantly pay late, others damage the property. Most property owners have to deal with challenging renters eventually. This article provides vital information to make your difficulties easier. What Are the Most Common Types of Difficult Tenants? Effective applicant screening is… [Read More]
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]
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]
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]
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]