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Categories

7 Rent Collection Tips for Houston Landlords

7 Rent Collection Tips for Houston Landlords

November 26, 2020

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?

Should You Help Your Houston Tenants Struggling to Pay Rent During a Crisis?

October 20, 2020

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

Concerned About Dishonest Applicants? Use These Screening Strategies

August 11, 2020

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.

Airbnb vs. Long-Term Rental: Which is The Best Rental Strategy?

Is an Elevated Vacancy Rate Holding You Back?

May 21, 2020

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 land lording success isn’t that complex. It looks a little something like this:

Choosing Your Top Tenant Applications

Choosing Your Top Tenant Applications: Who Stands Out?

April 14, 2020

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

8 Tips to Make Security Deposits Less of a Headache

April 7, 2020

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)

December 3, 2019

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.

Businessman holding shield protect icon, Concept cyber security safe your data

What Credit Score Should You Look For in a Tenant?

June 13, 2018

When you have a vacancy at your property, you’ll be tempted to fill it as soon as possible. But in most cases, it’s better to carefully screen your tenants, so you can be sure you fill the property with a candidate who will pay you consistently, on time, and preferably for as long a period… [Read More]

7 Tips to Make Your First Rental Property Easier to Manage

7 Tips to Make Your First Rental Property Easier to Manage

February 13, 2018

Rental property is one of the best investments you can make, and on paper, it seems pretty easy to get started. All you have to do is buy a property, pay a flat mortgage rate, and collect rent in excess of your mortgage payments, right? In reality, being a landlord is much more complicated. You’ll… [Read More]

Young woman and recruitment procedure in corporation

5 Questions You Should Always Ask Prospective Tenants (And 5 You Shouldn’t)

September 12, 2017

As you may know from previous experience, good tenant screening is one of the single most important factors in being a profitable landlord. The right tenants lead to high occupancy rates, low attrition, and steady and reliable income. They cause fewer headaches, do less damage to your property, and simply make your life easier on… [Read More]