News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
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
Investing in rental property can be a passive, yet highly rewarding way to make money. You collect rental income, use it to cover all your expenses, and keep the rest as profits. Simple, right? So why don’t more people tap into this real estate investment strategy? The short answer is that not all rental properties
Austin is a beautiful place to live, but if you land a new job, fall in love with another city, or just feel like moving to a bigger place in the same metropolitan area, you may eventually be interested in selling your Austin, TX home. Selling a house is a huge undertaking if you have
Buying a house for the first time can be extremely exciting. This is your opportunity to choose and customize your living space. It’s your chance to finally get a stake in the real estate market. And it’s a way of both showcasing and building on your financial success. Unfortunately, buying a house for the first
If you’re buying a house, and you’re not paying all in cash, you’re going to have to take out a mortgage loan to finance the purchase of the property. Before you can take out that loan amount, you’re usually required to submit a down payment – and you’ll have the independence to choose what type
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