News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
Security deposits have long been a norm in the rental world. Tenants are expected to put down as much as an entire month’s rent as insurance against potential damages. Then, when they move out, properties are assessed and the security deposit, or a portion thereof, is supposed to be returned based on the condition of
As a property manager, making every tenant feel welcome is at the heart of your job. How do you fulfill this responsibility, though, when you can’t easily communicate with your tenants? As may happen when working with non-English speaking tenants, property managers may also encounter communication challenges when working with d/Deaf tenants. This is especially
If you want your vacancies to end fast and you want your tenants to stick around as long as possible, you need to outfit your property with the best possible features and perks. That means buying properties with the best collection of tenant-approved features and gradually issuing fixes, remodels, and upgrades to keep those properties
Rent collection is probably going to be one of your most gratifying responsibilities as a landlord. It’s a deceptively simple practice—all you have to do is collect money from your tenants at the first of the month (or whatever date is specified by your lease agreement)—and you’ll enjoy the influx of cash however you like.
Vacation rentals are among the most popular real estate investments. Not only are they fun and flexible investments, but they can also be highly profitable. The question is, are you maximizing your rental income profits?
Investing in rental property isn’t for everyone. You need some capital, a certain degree of risk tolerance, and a willingness/ability to pay attention to the details. But ultimately, the formula for land lording success isn’t that complex. It looks a little something like this: