News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
Newcomers to the real estate investing world often think the secret to making gigantic profits is to “time” the real estate market correctly – in other words, buy real estate when prices are low and supply is high, then sell real estate when prices are high and supply is low. This idea isn’t necessarily a
A quick browse through luxury house listings in and around Houston will show you that luxury home prices are up significantly. Aside from occasional droughts and downturns, the real estate market historically rises over time, so it’s not especially surprising to see that homes in Houston are going up in value. What is surprising is
Before you can start collecting rental income, you need an active tenant. And before you get an active tenant, you’ll need to collect tenant applications from potential candidates. On these applications, your tenants will provide tons of personal details, including their identifying information, rental history, employment information, and more. So, what should you do if
Most real estate investors are familiar with the concept of investing in rental property. After purchasing a property in an in-demand neighborhood, you can rent that property to various tenants, collecting income in the form of rent on a monthly basis. If you plan things right, you can make enough money to more than make up
Sometimes as a landlord, you’ll get lucky. You’ll find a nearly perfect tenant with excellent credit, punctual and respectful habits, steady income, and a burning desire to make rent payments on time while keeping your property in good condition. Sometimes, you won’t be nearly so lucky. If your property portfolio is big enough and you
Owning a house in Texas is certainly nice, but there may come a time when you’re ready to sell. That might be because you’re moving to a different area or because you want to take advantage of a booming market, but whatever your motivation, you’ll probably be incentivized to sell your house as quickly as