News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
Have you started cleaning up a vacant unit only to discover an excess of nail holes in the wall? Have you ever discovered sloppy DIY patch jobs where someone squeezed toothpaste into nail holes hoping you wouldn’t see them? What about finding a soft spot on the wall and discovering the tenant did a bad
Many investors are dabbling in real estate to diversify their portfolios and build wealth. It’s a great strategy if you know how to find rentals and keep them filled. When you’ve examined the processes and determined that you’re ready to dive in, you’ll look for a property that you can turn into a rental.
As a landlord or property manager, you likely find yourself inside your tenant’s home at least a few times a year. There are annual inspections and the occasional maintenance call. Maybe you’ve promised to make an upgrade, like installing a new stove, or you want to check the smoke detectors. Such visits are part of
If you’ve ever lived in a large apartment complex, you likely adapted to a particular rhythm: each year, as your lease came up for renewal, you’d also face a rent increase. To continue living in the property, you would be expected to pay more, supposedly to keep up with inflation.
In a perfect world, every tenant would be the real deal. Everything they put on their rental application would be true and you wouldn’t have to worry about excuses for late rent or lies about what’s happening in your property. But in case you haven’t figured it out by now, this isn’t a utopian society.
Real estate investing doesn’t fit into the mold of a traditional business. Generally speaking, it’s not the kind of business where you have standard 9-to-5 hours, cubicles, breakrooms, and rigid HR policies. Whether you’re wholesaling land or renting out single-family properties to tenants, your business moves to the beat of a different drum. Having said