News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
Renting your property comes with big responsibilities, the majority of which are financial in some capacity. It takes money to maintain your property. You’re responsible for all major repairs, paying your mortgage (if you have one), and property taxes.
Energy efficiency is a big topic in the world of home ownership. From new government initiatives that encourage smart behaviors to improved consumer products that make it easier to curb energy consumption, there’s never been a better time to set energy efficiency goals for the home. But what do you do when you own rental
While some landlords genuinely enjoy their responsibilities, the rest of us are in the game for one reason: we want to strike a profit. Property ownership is an investment opportunity, first and foremost, so maximizing profitability should be your top concern.
As the owner of a property, you’ll be fully in charge of its renovations—which means you’ll be the one to spend the time and money making the renovations, and the one earning the benefits from them. If you want to maximize the profitability of your property (and limit your risks in the process), you’ll need
Nobody rents out a property thinking they’ll need to evict a tenant later on, but sometimes eviction becomes necessary. A tenant who starts off stable could lose their job unexpectedly and be left without a reserve to pay their rent. Sometimes tenants are on their best behavior until they get into the unit and then
If you’re thinking about getting your feet wet in property investing, but don’t know where to begin, or if you want to split the responsibilities with someone else, you might consider the options of co-owning (and by extension, co-managing) a property. While there are some advantages to this arrangement, you’ll need to think carefully about