News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
Having a rental property can be a great way to generate income, especially if you still have a mortgage on the property. Your tenants essentially pay your mortgage and anything beyond that is pure profit.
Investment properties and rental properties seem like easy ways to make money. In most cases, you’ll be able to charge more in rent than you’ll pay in a monthly mortgage payment, and if all goes well, you can pocket the difference as free income every month. Plus, your property is likely to appreciate in value,
If you talk to some real estate investors, you’ll discover that they focus on buying the cheapest houses possible and charging the highest rent they can get. In other words, their primary focus is on immediate cash flow. And while it’s smart to think about cash flow, a rental property is more than four walls,
A passion for real estate isn’t always enough to create a profitable rental property. Most landlords and investors must carefully watch the market and understand the ups and downs. The majority find themselves in the rental market, whether residential or commercial. Though it’s not always an investor’s first thought when considering wealth in real estate,
Some people become landlords because they like the idea of managing their own property. Others may have inherited a structure, or simply jumped on a good deal. No matter what your motivation for becoming a landlord was, your goal is going to be making your investment profitable. It’s more than possible to earn a living
If you’re thinking about buying a new home, you’re probably at least vaguely aware that your timing is everything. Home prices fluctuate constantly, in response to many variables – the economy, the housing market specifically, and various neighborhood conditions – so submitting a bid on a home at the right time could make your investment