News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
Addressing a tenant’s concerns quickly and efficiently is one of the most important things you can do as a landlord and property owner to improve tenant retention. It’s even more important than having competitive rental rates, nice amenities, and move-in specials, like free rent for the first month. Most tenants will appreciate amenities and a
Property management is an industry that just about anyone can enter – but not everyone should. If it were easy, everyone would be doing it! To be successful in the industry, it takes experience, strategy, and patience. Sometimes, even that isn’t enough. The to-do list is never-ending. Sometimes, rather than focusing on what should be
Many real estate investors proudly take advantage of financial leverage, borrowing as much money as possible to finance their property purchases. This is typically an advantageous move, giving them access to more purchasing power without much effort or sacrifice required – at the cost of making monthly mortgage payments for the next 15 to 30
Early retirement is a dream for millions of people. If you could somehow have a reliable stream of revenue without having to work, you could establish more freedom and independence than you’ve ever had before – and finally start living life the way you want. That said, if early retirement were easy, all of us
Being a landlord seems like a pretty sweet gig. You own a property. You find a tenant willing to rent it from you. You collect monthly income from them, cover the expenses, deal with a few repairs now and then, and enjoy ongoing profitability without much ongoing effort. Of course, we all realize there’s much
In a hypothetical model, a property owner should be able to generate positive cash flow with a rental property in an attractive neighborhood. If your total monthly expenses amount to an average of $2,000 per month, you should be able to charge more than $2,000 a month in rent, ultimately making it a profitable property