News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
If you own single family residential rental properties, young families can be an excellent target market for tenants. They’re often looking for a stable place to live and may stick around for a year or two. But with young families come young kids. And it’s in your best interest to let your tenants baby proof
When a landlord offers a property for lease and an individual submits an application to rent the property, the application is either accepted or denied. When it’s accepted, the two parties enter into a lease agreement, which involves signing legally binding papers. This lease agreement dictates when a tenant is to move out and/or what
When Hurricane Laura swept through the southwest in late August, Houston was lucky, escaping mostly unscathed. As we know from past experiences, such as the devastation caused by Hurricane Harvey in 2017, that isn’t always the case. The “once in a century” storm killed at least 68 people in the area and caused billions in
While real estate investing can be exciting and personally rewarding, it’s not something people do for fun. The primary purpose of investing is to build wealth. And you do this by generating a return on your investment, also known as ROI. But what does that really look like? In other words, how do you determine
At the end of the day, real estate investors become landlords as a means of generating a return on investment. You can talk about how you purchase rental properties for any number of reasons, like rebuilding the community and providing people with safe, reliable housing – both of which are good and honest sentiments –
One of your biggest responsibilities as a Houston landlord will be effectively managing and estimating costs. There are many costs associated with managing a property, from your monthly mortgage payments to ongoing repairs and maintenance, and how you estimate them will play into not only your bottom-line profitability, but also your effectiveness as a landlord.