News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
You’ve likely noticed that your rental properties are experiencing fewer and shorter vacancies than usual lately. Even if you don’t have a rental property, you’ve likely seen mainstream publications on the surge in demand (and prices) for rental properties. The data is in. For rental properties all across the country, vacancies are nearing record lows
Did you know that the median price for a single-family home in Texas was $357,388 in the second quarter of 2022? According to the Texas Quarterly Housing Report, that tally is up 19.1% versus the comparable period a year ago. The same report notes that almost half of the 108,390 homes sold in Texas in
When it comes to rental properties, most landlords are fairly “tenant agnostic.” In other words, it doesn’t matter what the tenant does for a living, what profession they’re in, where they’re from, or how much money they make. As long as the tenant passes a background check, has good referrals, and meets the minimum income
Did you know about 44 million housing units were occupied by renters in the U.S. last year? Finding good tenants is hard work. It involves advertising vacancies in the right places, charging competitive rental rates, conducting thorough background checks, and doing other things. One source notes that the average time a U.S. renter in a
One of the beauties of real estate is that there are many ways to invest in it. You can fix and flip properties, buy and hold them, lease rental units, invest in real estate investment trusts (REITs), get into self-storage, and so much more. One (relatively) new way to invest in real estate is through
If you’re looking to purchase an investment property, one thing to consider is whether or not to hire a property management firm. Some investors shudder at the thought of spending money to retain a company to handle the day-to-day operations of running a residential property. A typical property management arrangement might call for anywhere from