News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
Landlords are always looking for ways to reduce risk and increase profitability. And when you let someone else live in your property, one of the biggest risks involves the potential damage they could do to the residence. For years, the security deposit has been the preferred method of compensating for property damage related risk. But
As more states expand access to medical and even recreational marijuana, landlords are faced with a new question: do they have to permit marijuana use in their properties? On the recreational front, the question is fairly simple; just as landlords can ban cigarette smoking, they can also ban marijuana. When it comes to medical marijuana,
Houston is a hot market for property investors, and more homes are being turned into rentals, vacation homes, and income properties.
In a conventional mortgage, you’ll be required to put down at least 20 percent when buying a home. However, many people are unable to produce the full 20 percent, particularly in Houston where the average home price is $300,000, well above the national average. Thankfully, there are programs and opportunities for taking out a mortgage
Becoming a landlord is exciting; you’ll have an opportunity to make significant income, month after month, with a minimal investment of time and effort. But remember, landlords have legal responsibilities to their tenants, and if you fail in any of those responsibilities, you could be held liable for the resulting costs or damages.
Investing in property in the Houston and Katy areas requires extra skill and savvy. Naturally, you’ll be looking for a property that’s going to be profitable, but investments in this region can easily turn into money pits. These are the primary considerations when you pursue real estate profits here.