Your Guide to Retiring Early with Real Estate Investing
Some of the best investors in the world talk about how diversifying their investment portfolios with real estate was the best thing…
How to Keep Unavoidable Damage, Wear, and Tear to a Minimum
With a tenant in your rental property, you can’t avoid damage, wear, and tear completely. For instance, the carpet will probably be worn down a bit, even if your tenant doesn’t wear shoes in the house. The carpet will also likely fade a bit and you could end up with hair dye stains in the… [Read More]
Tenants are Protective of Their Deposits: 5 Ways to Mitigate Potential Conflict
If you’ve been a landlord for a while, you’ve probably noticed that tenants are extremely protective of their deposits. It doesn’t matter if the deposit is only $200 – tenants get upset when they don’t get their full deposit back.
7 Things You Should Never Allow a Tenant to do in Texas
Being a good landlord is like being a good parent. You need to be agreeable and kind, but if you don’t set boundaries, your tenants will take advantage of you.
Is The Security Deposit Obsolete?
Security deposits have long been a norm in the rental world. Tenants are expected to put down as much as an entire month’s rent as insurance against potential damages. Then, when they move out, properties are assessed and the security deposit, or a portion thereof, is supposed to be returned based on the condition of… [Read More]
Accommodating And Communicating With Deaf Tenants
As a property manager, making every tenant feel welcome is at the heart of your job. How do you fulfill this responsibility, though, when you can’t easily communicate with your tenants? As may happen when working with non-English speaking tenants, property managers may also encounter communication challenges when working with d/Deaf tenants. This is especially… [Read More]
The 10 Most Important Features Tenants Look for in a Rental
If you want your vacancies to end fast and you want your tenants to stick around as long as possible, you need to outfit your property with the best possible features and perks. That means buying properties with the best collection of tenant-approved features and gradually issuing fixes, remodels, and upgrades to keep those properties… [Read More]
With Luxury Housing Down, Are Houston Rents Rising?
Houston’s rankings as a real estate market have been on a rollercoaster ride over the last several years. Back in 2014, before oil prices crashed, the city was ranked first in PwC and the Urban Land Institute’s Emerging Trends survey, then subsequently took a tumble, and this year has landed in the middle of the… [Read More]
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]
What to Do When Your Texas Tenant Doesn’t Pay Rent
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?
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?
From Our Blog
8 Value-Adding Upgrades You Can Make to Your Home for Less than $1500 Each
When you’re getting ready to sell your home, the preparations can seem endless. You need a good realtor, and your house must…