News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
Owning rental properties is a dream for many people living in Texas, and for good reason. You can get passive income for years or decades by buying real estate at reasonable prices and finding quality prospective tenants — and then you can monetize your investment by selling the real estate. According to one source, pundits
There are three basic categories of tenants: great tenants, decent tenants, and nightmare tenants. Unfortunately, nightmare tenants can slip through the cracks undetected, but there are things you can do to increase your chances of filtering them out during the tenant screening process. If you own rental property, here’s what you need to know about
Addressing a tenant’s concerns quickly and efficiently is one of the most important things you can do as a landlord and property owner to improve tenant retention. It’s even more important than having competitive rental rates, nice amenities, and move-in specials, like free rent for the first month. Most tenants will appreciate amenities and a
Property management is an industry that just about anyone can enter – but not everyone should. If it were easy, everyone would be doing it! To be successful in the industry, it takes experience, strategy, and patience. Sometimes, even that isn’t enough. The to-do list is never-ending. Sometimes, rather than focusing on what should be
Many real estate investors proudly take advantage of financial leverage, borrowing as much money as possible to finance their investment properties. This is typically an advantageous move, giving them access to more purchasing power without much effort or sacrifice required – at the cost of making monthly mortgage payments for the next 15 to 30
Most people get involved in rental property management because they want to make money. But sometimes, making money is more complex than it first appears to be. For example, if a real estate investor has the goal to make as much money as possible, then he would only want to select the properties with the