News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
Harris County, home to Houston, is still struggling with high rates of COVID-19 infections. Though as of August 29, Texas Medical Center (TMC) reported a 6% positivity rate on all tests, the nine-county Greater Houston area remains around 10%. This is well above the sub-5% rate TMC hopes to see over a two week period
When most people think about the Houston area, they picture big single-family homes and ranches. But there’s something to be said for being in the thick of it – right in the heart of downtown. And if you want to live downtown, or invest in a rental property there, you might consider a loft. What
Do you have a dream of investing in real estate? Do you want to generate an additional stream of income that ultimately supports you through retirement? Are you serious about building a portfolio of income-producing properties? If you answered yes to any of these questions, then you’re a good candidate for starting your own real
While real estate investing can be exciting and personally rewarding, it’s not something people do for fun. The primary purpose of investing is to build wealth. And you do this by generating a return on your investment, also known as ROI. But what does that really look like? In other words, how do you determine
At the end of the day, real estate investors become landlords as a means of generating a return on investment. You can talk about how you purchase rental properties for any number of reasons, like rebuilding the community and providing people with safe, reliable housing – both of which are good and honest sentiments –
One of your biggest responsibilities as a Houston landlord will be effectively managing and estimating costs. There are many costs associated with managing a property, from your monthly mortgage payments to ongoing repairs and maintenance, and how you estimate them will play into not only your bottom-line profitability, but also your effectiveness as a landlord.