News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
If you plan to build an investment property portfolio, don’t stretch yourself too thin. Real estate can fit within a comprehensive investment strategy. In addition to buying stocks, mutual funds, index funds, and other financial vehicles, you might add one or more rental properties. Rental income, property appreciation, and the monetization option can be enticing.
While buying a rental property is a dream for many people, that dream can turn into a nightmare if you’re not careful. Many potential pitfalls exist for investment property owners. That’s especially true if you’re new to the space and are still trying to figure things out. That’s one reason it pays to hire a
Did you know there are 28,200 property managers in Texas? The only state with more of these professionals is California. But here’s the thing: Just because there are tens of thousands of property managers in The Lone Star State doesn’t mean all of them are the right fit for you. If you buy an investment
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
Clear and strong communication is the foundation of all good relationships, including your tenants. Amazing communication can make the difference between a positive and negative experience, which also has an impact on your property’s profitability. For example, if a tenant feels unheard or gets emotional over something that escalates, and they feel slighted enough to
Airbnb has become extremely popular in the last decade, and in 2020, there had already been more than 250 million nights booked through the company. If you don’t know what Airbnb is, it’s a third-party service that connects individuals with short-term rentals, often just for a single night, but many people rent for a week