News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
For landlords, vacancies are always an issue, as they’re largely unavoidable. Sooner or later, your tenant is going to move out (or find themselves in a position where they can no longer continue paying rent). And that means your unit is going to be empty, at least temporarily. Vacancies are problematic because they prevent you
How would you describe yourself as an investor? Are you extremely risk tolerant and aggressive with your strategies? Or are you a more defensive and cautious player, only investing when you feel reasonably certain of the potential gains? In the rental property investment world, it’s possible to be successful with a wide range of different
Owning a rental property can be extremely financially advantageous, providing you with a steady stream of income and an opportunity to benefit from long-term property appreciation. But owning this type of property, and managing tenants actively, does come with some additional complications and risks. For example, let’s say you’re 6 months into a 1-year lease
Most people buying a house for the first time are primarily interested in a single-family home – a traditional house that was designed to provide shelter to a single family, with a single unit. But there are also multifamily homes available for sale, including duplexes. Duplexes are multifamily houses with two individual units; if you
Managing a rental property means allowing other people, your tenants, to occupy your property in exchange for paying an agreed-upon monthly rental fee. This arrangement can be mutually beneficial, providing affordable housing to someone who needs it while simultaneously giving you an opportunity to generate profit. But this arrangement also presents some interesting complications. For
In urban areas around the country, people are struggling to afford housing. The cost of purchasing a new house is so high that it’s unreasonable for many workers to even consider it as an option. At the same time, monthly rent is increasing at an unprecedented rate, making it harder and harder for people to