Should You Sell Your Houston Texas Home Or Rent It?

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By Vestpro Residential Services

As a long time Houston Texas Home Owner you’ve been watching the news lately and are wondering if now is the right time for you to sell your home since you plan on retiring and downsizing in the next few years.

Before you decide to list your home here are 3 reasons why you should consider holding onto your home and renting it out.

Reason 1 – Cash Flow

A rental property will bring in positive cash flow which you can depend on in your retirement and use to supplement your income from investments or social security.

Reason 2 – A True Asset

When you own Real Estate you will still continue to own a true asset and this also means you can refinance your home then use that additional income to invest in your retirement as well.

Reason 3 – Owning Rental Property Is Easy

Thanks to property management services like Vestpro Residential Services you will be able to rent out your Houston Texas home without the traditional hassle or headaches which come with owning rental property.

We take care of everything for you so you can enjoy life and rental income as well.

Rent Your Houston Texas Home

To rent your Houston Texas Home contact Vestpro Residential Services today by clicking here to by calling us at (832) 498-0016.

FOR RENT IN HOUSTON TEXAS – HOW TO WRITE REAL ESTATE ADS PEOPLE WILL WANT TO READ

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By Vestpro Residential Services

HOUSTON – You just purchased a new property and have already started placing ads online to market it for rent in Houston Texas but there’s a problem, nobody has responded to your ads yet or requested applications, and you’re starting to get concerned.

Did you purchase the wrong property? No. One of the biggest reasons why people have not taken an interest in your home, condo, single family home or property for rent in Houston Texas is because you may have written the rental ad incorrectly.

In today’s post we will share with you 3 tips which you should use to write effective rental property listings every time.

Tip 1 – Don’t Use ALL CAPS in Your Ads

When writing a property listing it’s important to remember that the same language which you use in real life should also apply to your ad and this includes eliminating the use of ALL CAPS in a sentence since using CAPS is equal to shouting at someone during a conversation.

Tip 2 – List the Real Benefits Your Property Offers

Besides writing good quality copy for your rental listing it’s also best to remember to list the real benefits which your property offers instead of using “real estate speak”.

What’s an example of real estate speak? 3BR/2 bath.

Instead of abbreviating everything, you should focus on telling a story and writing about the things which are nearby that will interest the renters you are interested in targeting.

Tip 3 – Take Your Time Writing the Ad

Last of all, but most important, always take your time writing your rental listing, proof read it, then ask yourself if you would be interested in living in your property.

A good “rule of thumb” is that if you can’t get yourself interested in living in your home for rent in Houston Texas then you’re not going to interest potentially hundreds of other renters too.

For Rent In Houston Texas 

For more tips on how to market your home, apartment, condo or town home for rent in Houston Texas contact Vestpro Residential Services today by calling us at (832) 498-0016 or click here to connect with us online.

3 Reasons to Invest In Houston Texas Multi-Family Rental Property

Multi-Family Duplex

By Vestpro Residential Services

It’s April 2015 and now that we’ve made it through winter most people are recommending that you buy a rental property to add to your portfolio but what about Huston Texas Multi-Family Rental Property?

If you’ve never considered owning a multi-family rental property before here are 3 reasons why you should consider investing in one for 2015.

#1 – Multi-Family Rentals Are Always In Demand

After the recent economic crash the residential Real Estate market took a big hit across Houston Texas but the multi-family rental market remained stable.

One of the primary reasons why multi-family rentals continued to remain stable after the economic downturn is because many of those same people who once owned homes across Portland turned to apartments, townhomes and condos for rent.

Multi-family rentals are predicted to continue to stay in demand during 2015 and beyond as more renters especially Millennials and Baby Boomers are choosing to rent vs. buy property in Houston and across the united States.

#2 – Low Vacancy Rates

Another great aspect of owning Houston Texas Multi-Family Rental Property is that these properties tend to have low vacancy rates since some tenants will prefer to live in them for one year or longer.

This is good news for any property owner who wants to enjoy stable cash flow from their rental property.


 

#3 – A Profitable Investment

Last of all, but most important, when you own a multi-family rental property in Houston Texas you will also benefit from the fact that your rental will be a profitable long term investment for you since you will be collecting rent from more than just one unit and this means you will be able to pay off your rental quicker as well.

Houston Texas Multi-Family Rental Property

For more information about why a Houston Texas Multi-Family Rental Property is the right investment for you, or to speak with us about our property management services, contact Vestrpro Residential Services today by calling us at (832) 498-0016.

Should Your Humble Texas Rental Property Offer Your Tenants A Backyard Experience?

Humble Texas Rental Property

By VestPro Residential Services

As someone who may own Humble Texas Rental Property you will be surprised to know that renters in 2015 are searching for homes with more than backyards, they want to rent homes which offer them the perfect backyard experience.

In today’s post we will break down what are the best backyard amenities for 2015 so you know exactly what amenities you should add to the backyard of your Humble Texas Rental Property.

Hot Backyard Amenities For 2015

Thanks to recent information from the American Society of Landscape Architects we know that renters in Humble Texas and across the United States are searching for the following:

  • Fire Pits
  • Outdoor Kitchens
  • Grills
  • Outdoor Seating Areas
  • Fireplaces
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More Than Green Space

One of the great things is that you can turn your backyard into more than just a green space.

You can turn it into a functional area for people to eat, cook, enjoy entertainment and life without having to get tens of thousands of dollars in debt since many the American Society of Landscape Architects study also confirmed that some home people regard an outdoor kitchen space as an entertainment area as well.

Many Budget Friendly Home Improvements Available

Let’s say that you want to renovate the backyard of your Humble Texas Rental Property but don’t have an extensive renovation budget to get started.

Here are five more renovation tips which will help you to get the most from your back yard

#1 – Create seating areas to establish multiple zones for entertainment, eating, sleeping and fun. During the process of creating seating areas don’t be afraid to use structures like gazebos to create the perfect back yard.

#2 – Use containers to integrate the garden into your backyard space.

#3 – Use a patio umbrella to create a shady area which can be used during the summer months.

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Get More Humble Texas Rental Property Tips

For more tips on how you can increase the value of your Humble Texas Rental Property, or to speak with us about our property management services, contact Vestpro Residential Services by clicking here to connect with us online or calling (832) 498-0016.

Is Your Kingwood Texas Rental Property Scaring Away Renters?

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By Vestpro Residential Services

Thanks to the booming Real Estate market, you recently purchased another Kingwood Texas Rental Property.

After investing some money into rehabbing it, the home has been on the market for a while now but there’s a problem, renters are not taking an interest in the home, and you don’t know what to do.

In this situation it’s best to take a step back and ask yourself if your Kingwood Texas Rental is possibly “scaring” away potential renters, rather than being a property which is inviting and friendly.

To help you get your property back on track we’ve compiled a list of the most common areas which can be described as scary or “creepy” so you know which renovations you should make to your Kingwood Texas Rental Property.

Your Curb Appeal Is Scary

Take a look at the curb appeal for your Kingwood Texas Rental and think like a potential renter.

Are there overgrown trees or bushes?

Does the grass look like it hasn’t been mowed since last year?

If you answered yes to either of these questions it’s time to do a property clean up and do your part to improve the curb appeal of your rental property.

The Inside of Your Kingwood Texas Rental Property Is Scary

When was the last time that you spent 10 minutes inside your Kingwood Texas rental?

Does it have plenty of light inside? If not, lack of light can be sending potential renters away since light always helps to make the inside of a rental look brighter and cheery.

Consider improving the lighting in each room and also painting the rooms of your Kingwood rental bright colors like yellow or green since bright colors will bring light to any room regardless if the room gets a lot of natural light or not.

Get Property Management Help Here

If you’re frustrated with the day-to-day aspects of managing your Kingwood Texas Rental Property and would like assistance with property management contact Vestpro Residential Services today by clicking here or calling us at (832) 498-0016.

Houston Texas Rental Property – Questions To Ask Before Building a Laundry Room

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By Grid Property Management

If you ask most tenants who live in Houston Texas Rental Property, they will tell you that they prefer to live in units which have a washer and dryer, or laundry room on site.

There’s no doubt that having a laundry room on site will help with keeping your units occupied longer and increase its value, but before you invest money into building a laundry room on site make sure you ask these questions.

Question #1 – Will My Tenants Actually Use This Laundry Facility?

The very first thing you should do before building a laundry room on site at your four-plex, or multi-family unit, is to speak with each of your tenants personally and find out if they would be open to using a laundry room if there was one on site.

You should also ask your tenants where they do their laundry now, and how much they are paying per load, so you have a better idea of what local laundromats are charging in the area.

Question #2 – How Many Washers and Dryers Will I Need?

To avoid overspending on washers, dryers, and other hardware, you should consider starting small and maybe buying two washers and dryers first.

Also another thing you can do to make adding more washers and dryers in the future easy is to add additional outlets and plumbing to your laundry room when it’s under construction.

Question #3 – What Will Your Laundry Room Hours Be?

As with any laundromat in Houston Texas Rental Property it’s important to have set hours for the laundry room in your Houston Texas Rental Property that way people know when they can use it. This will help to keep noise at a minimum in the evening and insure that all tenants respect the laundry facility.

Houston Texas Rental Property Management

For more tips on improvements you can make to your Houston Texas Rental Property, or to speak with us about our property management services, contact Vestpro Residential Services by clicking here, or calling us at (832) 498-0016.

Why Hire A Houston Property Management Company Versus Manage the Property Yourself?

Houston Home For Rent

By Vestpro Residential Services

You’re just getting started with building your portfolio of income properties but are encountering a big problem, you don’t have enough time in the day to handle all of your tenant’s requests, and the responsibilities of owning income property, while living your own life.

What’s the solution to the problem?

You can either keep burning yourself out, or hire a Houston Property Management company to efficiently manage your income properties for you.

If you’re not sure about hiring a property management company here are three ways we will make your life a lot easier, and bring the income back when it comes to managing income property.

#1 – You’re going to Have More Time for You

Right now you’re busy dealing with tenant requests, paperwork and lots of other little tasks which can come from owning income property.

Instead continuing to perform all of the day to day responsibilities yourself, you will save time by outsourcing those tasks to Vestpro Residential Services and have more time for during the day to spend time with your family and enjoy life.

#2 – You Will Save Money

Let’s face it, each time you have to drive out to one of your properties you’re losing money.

You will begin to save money by outsourcing the day to day responsibilities of your property manage business by letting our experienced Houston Property Management company manage your income property portfolio for you.

#3 – Purchase another Income Property

With more time and money on your side you will eventually be able to purchase another income property and have confidence that all of the responsibilities which come from owning income properties like: routine maintenance, customer service and book keeping will be managed by property management professionals.

To learn more about Vestpro Residential Services contact us today by calling (832) 498-0016 or click here to contact us through our website.

Houston Texas Rental – Simple Tips for Maintaining Your Carpeting

Vestpro Residential Services

By Vestpro Residential Services

One of the most difficult parts of owning a Houston Texas Rental property is when the carpeting begins to wear out and will need to be replaced.

Everyone knows that carpeting can be very expensive to replace.

Most property owners will choose all hard surface flooring vs. carpeting in order to avoid the hassle and expense of having to deal with carpeting, but the reality is that the average renter likes the feel of carpeting under their feet when they wake up in the morning.

To save you the time, money and hassle of losing your carpeting investment here are 4 tips you can use to save the carpeting in your Houston Texas Rental Property.

Tip 1 – Install Half Carpeting and Half Hard Surface Flooring

One of the first things you do to save money in your Houston Texas Rental Property is to install half carpeting and half hard surface flooring in your rental.

Consider installing hard surface flooring in high traffic areas like: kitchens, bathrooms and entry points to the home.

Tip 2 – Add Floor Mats To Entry Points

Although most people add floor mats to the inside of most homes, you should consider adding a floor mat to both the inside and outside of each entry door to your Houston Texas Rental Property.

This will provide tenants and their guest multiple places for them to wipe their feet and eliminate the problem of more dirt getting trapped in the carpeting during the year.

Tip 3 – Purchase a Multi-Purpose Cleaning Machine

If your Houston Rental has multi-surfaces like carpeting and hard surface flooring you should consider purchasing a multi-surface cleaning machine which you can use to clean both hard surface flooring and carpeting.

Tip 4 – Clean Carpeting At Least Twice Per Year

Last of all, but most important, consider having the carpeting in your rental property cleaned at least twice per year.

This will help to maintain your investment in the carpeting you’ve purchased and also keep your tenants happy as well especially if they have allergies to dust or dirt in the carpeting.

For more tips on how to save money in your Houston Texas Rental Property, or to speak with us about our cost effective property management services, contact Vestpro Residential Services today by calling us at (832) 498-0016.

How Are Renters Finding Houston Rental Property?

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By Vestpro Residential Services

In 2015 there’s no denying that we live in one of the most connected worlds than ever before.

Thanks to laptops, tablets, mobile phones and smart phones renters are searching for Houston Rental Property especially using the following resources.

Har.com

Over the last 5 years www.har.com has quickly developed into the best resource for renters to find great homes and properties for rent across the Houston area and it’s also a great website for property owners to get the most qualified rental leads as well.

Zillow

Although it’s a great resource for finding homes for sale in Houston, and across the United States, Zillow is also an excellent tool for searching for rental property as well since Zillow will save your search and email you new listings on a regular basis which will match your search criteria.

Local Connections

When people are not searching for homes, condos or townhomes online, they are searching for rental properties by asking their own personal connections if they know anyone who may know of rental properties available in their target areas.

This tip is also a good reminder of the reason why you should consider asking your current tenants if they know of anyone who may be searching for a rental property since you stand a good chance of renting to someone like your current tenants especially if they have a similar character and attitude.

Save Time And Money Managing Your Houston Rental Property

Let Vestpro professionally manage your Houston Rental Property for you so you can save the time, money and hassle of having to rent and manage your property yourself.

Contact us today by calling: (832) 498-0016 or click here to contact us through our website.

5 Reasons to Choose Vestpro Residential Services to Manage Your Houston Income Properties

Houston Income Properties

By Vestpro Residential Services

In 2015 owning income property is one of the best things you can do to start building wealth but managing Houston Income Properties can also be time consuming, especially if you own one or more properties.

This is where Vestpro comes in, we specialize in property management and can help you to effectively manage your income properties so you can focus on growing your property portfolio with the following services we can offer you:

Set the Right Correct Rates for Your Rentals

One of the biggest problems many property owners face is setting the incorrect rates for their Houston Income Properties.

We are your biggest asset in this area thanks to our market research, which will guarantee that we rent your properties for the right rates, insuring you have the right balance between stable monthly income and super low vacancy rate.

Collect Your Rent on Time

Another area where we will be an asset to your Houston Income Property portfolio is rent collection.

Over the years we’ve developed the right internal systems which will insure that your rent is collected on time every single month and deposited into your account or mailed to you.

Effective Property Marketing

As you grow your portfolio of properties you will find that one of the most time consuming duties is marketing a home, plex or property when you have a vacancy.

Vestpro has solved this problem for you. Effective property marketing is another of our biggest assets which will save you the time and hassle of property marketing yourself.

Choose the Right Tenants for Your Properties

Last of all, but most important, at Vestpro we will choose the right tenants for your properties by performing the following tasks including: credit check, income verification and reference checks so you don’t have to.

Let Vestpro Manage Your Houston Income Properties

For more information on the property management services we can offer you for your Houston Income Properties contact Vestpro Residential Servies today by calling us at (832) 498-0016 or click here to contact us through our website.