News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
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:
Becoming a landlord and managing one or more rental properties is a great way to develop an income stream. If managed carefully, you should be able to make an easy profit every month, all while slowly accumulating the benefits of property appreciation.
Houston’s rankings as a real estate market have been on a rollercoaster ride over the last several years. Back in 2014, before oil prices crashed, the city was ranked first in PwC and the Urban Land Institute’s Emerging Trends survey, then subsequently took a tumble, and this year has landed in the middle of the
The rental applications have come flooding in and it’s time to start reviewing them – but what should you look for? Too often, guides to the tenant selection process focus on red flags and while those are important, you want great tenants, not just acceptable ones. At the end of the day, red flags don’t
As a real estate investor and landlord, your job is all about mitigating risk and maximizing return. The more you’re able to accomplish these overarching goals, the more success you’ll experience. And while security deposits may seem like a small issue to outsiders, experienced landlords know just how much they impact both risk and reward.
When the real estate market is as hot as its been over the past decade, it’s easy to get caught up in thinking rental property investing is a guaranteed cash cow. But while it can be a prosperous method of generating income, it can also lead to dire financial consequences for those who are ill-prepared