News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
As most of us agree, real estate has gotten too darn expensive. In markets from San Francisco to Manhattan and everywhere in between (including here in Houston), housing costs are mostly still climbing.
When it comes to moving, a lack of space is one of the most common reasons families take the plunge. As families grow, so does the need for more space. One of the primary concerns is often the number of bedrooms.
The life of a landlord is unique. No two days look the same, and the only thing you can expect is the unexpected. The more properties you add to your portfolio, the more challenges you’re apt to face.
Building wealth entails diversifying your assets and generating as many different revenue streams as can. Owning rental properties is a great example of having established diversified revenue streams for your portfolio.
Whether you’re buying your first home or this is the tenth time you’ve moved in a decade, it’s important for you to have a plan for exactly what you’ll do after closing and moving in. Being systematic and purposeful in your approach will prove to be enormously helpful.
When you see a video presentation about a house flip on TV, it looks simple. Of course something inevitably goes wrong in the middle of the episode for dramatic effect, but the homeowners overcome every misfortune somehow and turn a major profit.