• smart thermostat

    Should You Install A SMART Thermostat in Your Rental?

    SMART Thermostats have been available for a few years now and the make the lives of homeowners easy because once they are installed, we can set the temperature in our homes anywhere we have an Internet connection. The big question is should you install a SMART thermostat in your rental property? Pros of Installing A Smart Thermostat in Your Rental #1: Attract and Retain Renters with Premium Amenities In housing markets with lots of options for tenants, securing quality renters can be competitive. However, homes with smart tech can be more attractive to renters of all ages. According to the Buildium Annual Renters’ Report, 71% of millennial renters would be…

  • Property Management

    What Makes A Great Tenant?

    Are you planning on buying rental properties in Houston or elsewhere in the United States? If so, like most owners you probably have asked the same question that been asked by owners over the years: “what makes a great tenant?”. In this article, we will answer this question and provide you with tips on how to choose the right tenant for your rental property. Review Their Financial Qualifications The first thing that makes a great tenant is their financial qualifications. Specifically, you should look at their credit report, bank statements, and contact their current employer to verify employment and income. When viewing an applicant’s credit report, although the actual credit…

  • HVAC

    April is a great time of year to focus on HVAC maintenance

    Besides April being the month that everyone is focused on doing their taxes, it’s also a great month to focus on HVAC maintenance. Why? With the weather quickly warming up it’s the right time of year to focus on maintaining the HVAC unit at your rental property to make sure that it’s running perfectly and ready for summer. HVAC Maintenance 101 Inspect, Clean, or Change Air Filters Once a Month Change your filters often in your central air conditioner, furnace, and/or heat pump. A dirty filter can increase energy costs and damage your equipment, leading to early failure Schedule Seasonal HVAC Maintenance Have annual system maintenance service performed one to…

  • Opportunity Zones

    What Are Opportunity Zones?

    Thanks to the 2017 Tax Cuts and Jobs Act that was started by the Trump Administration, we now have Opportunity Zones but what exactly are Opportunity Zones and how can you make them work for you? In this article, we will provide you with insight into Opportunity Zones and useful tips if you plan on utilizing them in your Real Estate Investing business. What Exactly Are Opportunity Zones? An Opportunity Zone is a census tract that’s composed of communities that have been classified as “economically distressed” according to the Tax Cuts and Jobs Act. With an opportunity zone, you can take the proceeds from the sale of a property and…

  • security deposits

    Security Deposits 101 – The Correct Methods for Handling Security Deposits

    Security Deposits are without a doubt something that you’re going to deal with sooner, rather than later if you’re an owner. In this article, we will share with you several things you should be doing with security deposits that will help you as you grow your portfolio of investment properties. #1 – Be Clear About Your Security Deposit Let’s say that you have multiple deposits including a pet deposit and cleaning fee, in this case, you shouldn’t hesitate to provide your future tenant with a statement that breaks down each deposit. Doing this will help to eliminate any confusion regarding what your tenant is actually paying for and they will…

  • Real Estate Investing Tips

    Are Single-Family Homes Still A Great Investment In 2019? Yes!

    Thanks to a recent survey by the Millennium Trust, we know that 73% of investors who were recently surveyed confirmed that they would prefer to invest in single-family homes. Single-family homes continue to prove to be a smart investment for longtime and new real estate investors because more people across every age group are renting longer than before. With the demand for rental properties in areas like Houston Texas, investors can put themselves in prime positions when they purchase single-family homes and rent those properties out for fair market rents. Why Renters Prefer Single Family Homes Besides the obvious economic benefits that single-family homes offer investors, renters prefer single-family homes…

  • Improvements

    Which Rental Property Improvements Should You Make In 2019?

    Are you planning on making improvements to your rental property in 2019? If so, there are a variety of improvements that you should make to your rental property this year. Just remember to not get to personally attached to the renovations because even though you may like the idea of having granite counter tops or other high end features in your home, those high end features are not needed in your rental property. Keep looking at your rental properties as “products” that you’re upgrading for the purpose of offering your tenants better value on a monthly basis and you will be okay. The following are improvements that you should consider…

  • Curb Appeal

    How To Improve The Curb Appeal Of Your Houston Rental Property

    Summer is almost here in Houston Texas and when you combine warmer weather with longer days this means that you have greater opportunity to improve the curb appeal of your Houston area rental property. If you’re unfamiliar with the term “curb appeal”, this just means the appearance of your rental property that people will see before they get out of their vehicle to take a tour of the property. Studies show that many renters will avoid some rental properties if they look actually “scarier” than others that’s why if you want to attract the best tenants possible you should go out of your way to improve the curb appeal of…

  • Maintenance

    Tips for getting your pool ready for summer

    Even though summer 2019 is right around the corner, in Texas we can have summer like temperatures as early as April so it’s important for anyone who owns a rental property that has a pool to get it ready for summer by following these tips: Before filling your pool you should also confirm that it’s clean and safe for use by both adults and children. When inspecting your pool you should also review your pool equipment as well to make sure that the operating system for your swimming pool will provide proper flow and suction of water. Verify Water Chemistry Once you’ve inspected your swimming pool, and you’ve filled it…

  • Investing

    New Rental Vs. Old Rental – Which Should You Invest In?

    Are you planning on investing in a Houston Texas area rental property? If so, like many investors you may be faced with having to choose between an old build vs. a new build. Yes, both options can be good or bad that’s why in this article we will list the pro’s and con’s of investing in a new rental vs. an older rental property. It’s nо secret thаt old houses rеԛuіrе more TLC thаn new. But that’s nоt nесеѕѕаrіlу a rеаѕоn tо аvоіd thеm. Cоnѕіdеrаtіоnѕ When Purchasing Old оr Nеw Settling/Foundation Iѕѕuеѕ Oldеr houses hаvе issues related tо settling thаt hореfullу рrеvіоuѕ оwnеrѕ hаvеn’t nеglесtеd. Thеrе are ways tо combat…