News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
There are many good reasons to invest in rental property. You can collect rental income in excess of your ongoing expenses, yielding an immediate profit, and eventually, you should be able to sell the property for more than you originally paid for it.
As a new homeowner, you may not have a forgiving budget. You may have dumped your full savings into the down payment of your home, with the understanding that your first few years may be tight. Even if this isn’t the case, you’re probably interested in saving as much money as possible, increasing the financial
Even if you own a lovely home and have taken care of it for years, there’s no guarantee it’s going to sell in the timeframe you want. If you’re struggling to get any offers in the first few months of your listing, it may be a sign that something’s wrong.
Maybe you’re buying your very first home. Perhaps you’re selling your first home, and you didn’t like your original realtor. Or maybe you’re starting to invest in real estate. In any of these situations, you need a top-quality realtor by your side.
New property investors often gravitate toward the idea of property flipping, because it sounds very enticing. The idea is to buy a house that’s either in poor condition or is being offered at an extremely attractive price, fix it or improve it in some vital ways, and then sell the home again, sometimes mere months
Among real estate investors and landlords, risk reduction is a significant challenge that must be faced. You have multiple options for protecting your investment, but in terms of your tenants, requiring everyone to carry renters’ insurance is one of the smartest moves you can make.