News from Green Residential and around the world of Property Management and rental homes in Houston and Austin.
Most real estate investors are familiar with the concept of investing in rental property. After purchasing a property in an in-demand neighborhood, you can rent that property to various tenants, collecting income in the form of rent on a monthly basis. If you plan things right, you can make enough money to more than make up
Sometimes as a landlord, you’ll get lucky. You’ll find a nearly perfect tenant with excellent credit, punctual and respectful habits, steady income, and a burning desire to make rent payments on time while keeping your property in good condition. Sometimes, you won’t be nearly so lucky. If your property portfolio is big enough and you
Rental properties can be extremely profitable. They enable you to earn hundreds of dollars a month while you also benefit from the long-term appreciation of the properties’ value. But that’s not always the case. If the space is vacant, you’re losing money instead of making it. You’re responsible for paying the expenses, such as maintenance
You might be looking for ways to expand your portfolio. Stocks and bonds are only scratching the surface for your financial future; there are more ways to create passive income that’ll help to diversify your sources of revenue. If you’ve hoped to minimize the risk of losses in your life, your research has probably led
When a rental property produces a small or negative return, there could be any number of factors to blame. But excessive maintenance issues and repairs are among the most common. In many cases, this concern can be traced back to the investor’s failure to perform due diligence when researching the property and crunching the cash-flow
When you invest in a rental property, ROI is everything. You either generate a positive return on your investment or you don’t. And while the agreed-upon sale price is obviously the most essential factor when you run the numbers, you mustn’t ignore closing costs. For all intents and purposes, they’re a part of the investment.