News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
Building a rental property portfolio is one of the most reliable ways to build wealth, assuming you do it correctly. The goal is to gradually accumulate new rental properties, expanding your real estate portfolio in the process; each new investment property in your portfolio is both a contributing piece to your total equity and wealth
Being a millionaire isn’t quite what it used to be, but it’s still a remarkable measure of wealth that most people won’t be able to achieve. There are many ways to accumulate wealth, from landing a good job and saving money to winning the lottery or earning an inheritance. But since most people can’t land
Rent prices all over the United States are increasing, and for many different convergent reasons. In Texas, especially around the Houston and Katy areas, rent increases are especially pronounced. That’s partially because Texas is becoming an increasingly popular place to live, attracting prospective tenants from all over the country and increasing demand for housing. As
Multifamily rental properties, when bought and managed strategically, are a reliable source of passive income and an excellent investment to have in your portfolio. In Texas, where the real estate market is thriving, they’re ostensibly even more valuable. There are a few hurdles to purchasing a multifamily rental property. You’ll need enough cash to fund
Airbnb once dominated the market for being a new, fun, and trendy alternative to staying at a hotel or resort. For years, people found ways to capitalize on Airbnb properties – whether that meant renting out a basement, flipping a home, or even purchasing a brand new home. And for years, this strategy worked great.
As a landlord, you want to provide a quality property to people and make them feel safe and proud of where they live. You also want to generate a healthy cash flow and ROI. Sometimes, there can be some friction involved – particularly when you’re dealing with tenants from all walks of life. If you do