Understanding the Pros and Cons of Investing in Mobile Homes

News from Green Residential and around the world of Property Management and rental homes in Houston.

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Happy Customers

Jeremy H. – Nevada (100+ Units)

I have been in the investment property business in Houston for thirty years.  I have dealt with many property management companies during that time and all relationships ended with an unsatisfactory termination.  I had been managing my own properties in the Inner Loop the last six years, but because of the age and constant maintenance required of older properties, and stress, I decided to turn my properties over to someone else.  Needless to say I interviewed many companies.  I met with Leon Green and his staff.  They seem to have a very competent setup from software to maintenance calls.  What impressed me most was that there is no long term contract to “tie you up” if you are dissatisfied.  Also when we signed the agreement, Leon brought his entire staff and contractors and walked every property they are managing for me, looking in various units.  That gave his company a perspective on what I expect, but I have never had a management company do this.  They were very amenable to incorporate  certain changes in the lease agreements to what I wanted.  Their leasing agents are serious people and only have brought me people that qualify.  We have an extremely high qualification standard.  I am very pleased with the results Green Residential has obtained.

Ben M. – Dallas, TX

I’m a real estate investor with portfolios in both Texas and Colorado and for the past year or so Leon and the team at Green Residential have done a stellar job managing my portfolio of more than a dozen houses and small multi-families in the Houston area. I have been VERY pleased with the way they have managed these properties.

Good property management is NOT easy to find and I personally went through a very lengthy and detailed interview process in which I considered several of Houston’s most highly rated property management companies and compared them on a number of factors including cost, competence, and flexibility in meeting owner’s needs. I selected Green Residential because they were highly competitive and in some cases really outperformed everyone else and I have not been disappointed. I have found the team here to be competent, experienced, and most importantly HONEST.

As a professional investor I’m a little bit surprised by some of the more critical owner reviews I have read on here. If your benchmark is perfection all comers will fall short, but consider what can go wrong with property management and I’ve seen it all happen… theft of your rent money, fabrication of invoices, referring of repairs to the owner’s brother in law who doesn’t have a clue what he’s doing, letting your property sit vacant for 6 months, HOA violations going unaddressed for which you’re never notified, horrible record keeping, money not being escrowed properly, owner distributions not coming on time or at all, fee structures that reward managers with more money every time they order a repair, invoices not provided, property statements poorly organized and unclear so you can’t tell the real story, tenants reporting dangerous repairs such as a leak or a dangerous safety issue and nobody responds and you get stuck with a giant bill or a lawsuit etc… None of these things have happened to me with Green Residential.

Money comes on time every month with clean easy to read statements and every single time I’ve had a question about anything I’ve received a very prompt courteous and sensible response, that is if the owner hasn’t already anticipated the question and called me about it personally. I would encourage anyone looking for a solid property management company to talk with Leon and give Green Residential serious consideration.

More Happy Customers

From Our Blog

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  Nobody becomes a landlord thinking, “I sure wish I had something else on my plate right now.” No … in most cases, people invest in rental properties with the dream of generating passive streams of income that require little work or effort.

8 Reasons You Probably Aren’t Cut Out to Buy a Fixer-Upper

If you binge-watch enough 30-minute TV episodes, or spend a substantial amount of time scrolling through Pinterest boards, you might eventually be tempted to buy a fixer-upper for your next home.

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