News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
When managing a rental property, cash flow should be one of your highest considerations. Cash flow, of course, refers to how much money you have coming in from rent compared to how much money you’re spending on things like your mortgage, property taxes, insurance, and ongoing maintenance.
Whether you’re simply looking to upgrade your home for your own personal reasons, or you want to increase your home’s value for putting it on the market, a master bathroom remodel is one of the more popular home renovation projects. It also happens to be one of the more cost-effective, as long as you have
Saving money is a top priority for renters. Some hang onto their cash by splitting rent with a friend. They move in together and build a cozy home they can cohabitate in. Not every roommate situation begins that way, though. People who enjoy living alone can face unexpected financial hardships that cause them to look
If you’re considering investing in rental property, you’ve probably thought about the prospect of managing a multifamily home. In case you aren’t familiar, multifamily homes are exactly what they sound like; houses that are designed or structured to accommodate multiple families in different units within the home. They come in many forms, including duplexes and
The concept of investing and capitalizing on a rental property is fairly simple. You purchase a property with a low-interest mortgage, make necessary repairs, and rent it out for an asking price higher than your mortgage. You make money to pay off the mortgage quickly and/or make further investments to increase your revenue streams.
There are some wonderful things about owning rental property in Katy. It’s one of the most sought-after areas in Texas with excellent school districts and promising real estate returns. It’s also near Houston proper, which is attractive to renters.