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What to Do When Your Texas Tenant Doesn’t Pay Rent

March 12, 2020

The profitability of your rental property depends on your major source of income—rent from tenants. If all goes well, you’ll be able to collect rent, reliably, on a monthly basis, in excess of your ongoing expenses. You’ll easily meet all your ongoing costs, with a bit left over to serve as profit, all while your… [Read More]

Should You Offer “First Month” Deals on Rent to Attract New Tenants in Houston?

February 25, 2020

You’ve probably seen ads offering reduced rent, free rent, or other discounts to tenants for the first month. Discounts are a central part of marketing and if you can offer a deal, why not?

Should You Allow Vaping in Your Katy, Texas Rental Property?

February 20, 2020

Allowing tenants to smoke cigarettes inside your property can destroy your ability to rent or resell your property. Cigarette smoke sticks to walls, drapes, carpet, and even ceiling tiles in a form of sticky residue. This sticky residue, known as “third-hand smoke,” can linger for years unless it’s intentionally cleaned up.

6 Tips to Foster Healthy Communication With Your Tenants

February 18, 2020

Effective communication is the key to healthy landlord/tenant relationships. Effective communication is built on three main factors: transparency, honesty, and respect. With these three factors present, you’re more likely to resolve issues with your tenants before they grow into larger issues.

Can a Landlord Break a Lease Agreement Early?

February 4, 2020

If you’re a landlord, you probably have a lease agreement or rental agreement for your tenants, outlining the rules and restrictions for the property, setting rent prices, and outlining a period of time during which the agreement is active. If a tenant breaks the lease agreement early by moving prematurely, they may face a penalty… [Read More]

Security Deposit vs. Move-In Fee: Which is Better for Landlords?

January 23, 2020

Landlords are always looking for ways to reduce risk and increase profitability. And when you let someone else live in your property, one of the biggest risks involves the potential damage they could do to the residence. For years, the security deposit has been the preferred method of compensating for property damage related risk. But… [Read More]

The 4 Reasons You Want Your Tenants to Renew Their Leases

December 26, 2019

As a landlord, you can’t ever sit back and relax. Just because you have good tenants in your properties at the moment, doesn’t mean they’re guaranteed to stick around. It’s up to you to retain them by encouraging and motivating them to renew their leases over and over again. Do you have a plan for… [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.

How to Prevent Communication Problems With Texas Tenants

November 28, 2019

Are you struggling to communicate with your tenants? If so, you’re not alone. Many Texas landlords have a hard time getting tenants to call them back and report necessary repairs. When a tenant violates their lease agreement, there are confrontations and heated arguments.

Practical Ways to Deal With Tenant Conflicts in Multi-Family Properties

November 22, 2019

If you’re the owner/landlord of a multi-family property or apartment building, you have to be a Swiss Army knife of sorts. Not only are you tasked with providing a secure place to live, collecting rent checks, and ensuring each unit is well-maintained, but you may also have to play the roles of therapist and mediator.