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Categories

What to Do if You Have a Holdover Tenant in Your Houston Rental Property

What to Do if You Have a Holdover Tenant in Your Houston Rental Property

January 21, 2021

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]

In The Eye Of The Storm: Your Houston Hurricane Survival Guide

In The Eye Of The Storm: Your Houston Hurricane Survival Guide

December 22, 2020

When Hurricane Laura swept through the southwest in late August, Houston was lucky, escaping mostly unscathed. As we know from past experiences, such as the devastation caused by Hurricane Harvey in 2017, that isn’t always the case. The “once in a century” storm killed at least 68 people in the area and caused billions in… [Read More]

How to Calculate and Improve ROI on a Houston Rental Property

How to Calculate and Improve ROI on a Houston Rental Property

December 3, 2020

While real estate investing can be exciting and personally rewarding, it’s not something people do for fun. The primary purpose of investing is to build wealth. And you do this by generating a return on your investment, also known as ROI. But what does that really look like? In other words, how do you determine… [Read More]

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]

7 Costs Houston Landlords Are Likely to Underestimate

7 Costs Houston Landlords Are Likely to Underestimate

November 24, 2020

One of your biggest responsibilities as a Houston landlord will be effectively managing and estimating costs. There are many costs associated with managing a property, from your monthly mortgage payments to ongoing repairs and maintenance, and how you estimate them will play into not only your bottom-line profitability, but also your effectiveness as a landlord…. [Read More]

Why Every Katy Landlord Needs an Emergency Fund

Why Every Katy Landlord Needs an Emergency Fund

November 3, 2020

As a real estate investor, ROI and cash flow are everything. You’re constantly on the lookout for ways to make your Katy rental properties more profitable, which means maximizing the upside and counteracting the downside so that it doesn’t come back to bite you. And even though there are no bulletproof methods of downside protection,… [Read More]

5 Tips for Houston Landlords Renting Land to Tenants Who Own Their RV or Trailer

5 Tips for Houston Landlords Renting Land to Tenants Who Own Their RV or Trailer

October 29, 2020

Are you renting land to tenants who own their own dwelling unit, like an RV, a trailer, or a tiny home? If so, being a landlord is a little different for you than if you were renting a single family home. While renting land only is a little more hands off, there are details you… [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]

How to Tell If a Rental Property Is Worth Buying in Houston

How to Tell If a Rental Property Is Worth Buying in Houston

October 10, 2020

Buying a rental property can be a great way to make money. If you choose the right property, you’ll be able to make more in monthly rental income than you pay in upkeep expenses, and over time, you can enjoy the long-term benefits of appreciating property values. In Houston, there are high-quality rental properties available… [Read More]

How to Keep Unavoidable Damage, Wear, and Tear to a Minimum

How to Keep Unavoidable Damage, Wear, and Tear to a Minimum

July 30, 2020

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]