News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
Rental properties can be extremely profitable. They enable you to earn hundreds of dollars a month while you also benefit from the long-term appreciation of the properties’ value. But that’s not always the case. If the space is vacant, you’re losing money instead of making it. You’re responsible for paying the expenses, such as maintenance
Landlords have to prepare for the unexpected. A tenant might damage your property or stop paying rent at any time without prior warning. That’s why it’s essential to have strong lease agreements—which will protect your investment. Your leases should be as detailed as possible so you have something to reference during a potential future dispute.
Over the last 10 years, rental rates in the US have increased by 31%. That’s an average of about 3% per year. This shouldn’t be surprising. Landlords must raise rents to keep up with rising expenses and to remain competitive with market rates. But they also want to experience as little turnover as possible, because vacancies
Chances are, your first home purchase is when you learn how to make an offer on a house. You either learn on the fly or you rely heavily on a real estate agent. But it’s worth investigating how to make a solid offer well in advance of showtime. This empowers you to comprehend the process
According to a report by the Rental Housing Journal, Texas made the list as one of the top three most popular places to move in 2021. More than 500,000 people have resettled here since 2019, and the numbers continue to grow. If you’re a landlord, these numbers represent big promises for investment properties in the
You might be looking for ways to expand your portfolio. Stocks and bonds are only scratching the surface for your financial future; there are more ways to create passive income that’ll help to diversify your sources of revenue. If you’ve hoped to minimize the risk of losses in your life, your research has probably led