News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
If you’re in the market for a new house, you might consider entering a bid above the asking price. For example, if the home is listed at $250,000, you could put in a bid of $260,000. Strategically, this move could make sense. The advantages are obvious; a higher price means your offer will be much
Are you dealing with major property damage to your Austin rental property? Property damage is every landlord’s worst nightmare. Nobody wants to deal with angry tenants who smash windows, burn the carpet, and destroy the walls. Unfortunately, angry tenants can cause extreme damage that can hit your wallet hard. Not only will you be paying
Are your tenants requesting permission to rent a spare room on Airbnb to earn more income? Is your tenant subletting your property behind your back? If you’re still on the fence about allowing your tenants to sublet on Airbnb, here are some pros and cons to consider. 1. Con: You’ll need to get a license
Do you allow your tenants to sublet extra rooms to housemates? Most Houston landlords prohibit subletting because it can be an invitation for trouble, including property damage. Housemates don’t always get along; sometimes, roommate situations turn sour. But there are benefits to allowing your tenants to sublet. If you’re not sure which way to go,
Tenants tend to file retaliation lawsuits after receiving a notice to vacate, an eviction notice, or a notice of changed lease terms. No matter how hard you try to keep your tenants happy, some tenants would rather spend their time and money suing their landlord than acquiesce to changes they don’t like. If you haven’t
Worst-case scenarios are an unfortunate, if hopefully occasional, reality if you’re a landlord. It’s not unreasonable to accept that you might face one of the following challenges at some point in your career as an investor. You’d be smart to prepare for the worst but expect the best. If you end facing any of the