News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
Whether you’re welcoming new tenants into your property or you’re a new tenant making a move, summer is a less than ideal time to move in the Houston area. In August, days average 93 degrees Fahrenheit, while July tends to be wet, averaging over 5 inches of rain. In fact, Houston weather is so tough
You’ve got two choices as a real estate investor: manage your own properties or hire out the service to a property management company. Both options are valid, but the option that’s correct for you will depend on various circumstances. Here’s an exploration of 8 pros and cons to self-managing rental properties: 1. Self-management will save
Investing in any type of property in the Houston area requires careful consideration. No investment is problem-free, but some are easier than others. For instance, investing in a single-family home requires less effort than investing in a multi-family property. With a single-family home, you only need to find one tenant every few years and handle
If you’re going to be profitable as a Houston landlord, you’ll need to have a clear idea of what your expenses are—and how much revenue you’ll be generating. But estimating expenses is more complicated than it seems at first, and if your calculations are off even slightly, it could spell ruin for your entire operation.
Buying an investment property to rent out is a big deal. You’ve taken on debt with the intention of eventually turning a profit. In the meantime, you’ve got to spend time and money handling situations that can be frustrating. Being a landlord is challenging enough, but when you’re a new landlord, that challenge is tenfold.
Anyone who’s lived in the Houston area knows that on those 90–100-degree days, it’s nice to cool off in a backyard swimming pool. But if you’re putting one in the backyard of your income property, you’ll have to put in a lot of maintenance work to keep it looking nice. You’re probably looking at spending