News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
As a landlord, you’ve probably learned the value of observing your peers. You’ve learned many excellent approaches by shadowing other landlords, but you can often learn more from their mistakes.
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
Rental properties can make for excellent investments. Not only do they increase in value over time, but they also produce steady cash flow. However, there’s a big difference between a low-maintenance, turnkey property and a property that needs its hand held every step of the way. Learning how to differentiate between the two before investing
Home ownership is a huge responsibility that entails a unique set of challenges as well as opportunities. Though there are plenty of advantages in owning a piece of real estate that you may assume will increase in value as time passes, the house won’t take care of itself. In order to maintain and increase its
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.
Appliance parts fail, motors break down, and accidents happen. Managing a rental property, even just one unit, means dealing with these kinds of breakdowns. Here are some pro tips to handle unexpected property damage and maintenance to your property in Katy, Texas: 1. Expect the unexpected An old saying, but relevant to every aspect of