-
Should You Invest in Houston Texas Rentals Later in Life? Yes!
It doesn’t matter if you’re in you’re 50’s, 60’s, 70’s or even later in life, investing in Houston Texas rental properties is a smart investment because over the last 20 years real estate has been one of the best performing assets and that’s not expected to change anytime soon. Although many people think that the time to invest in real estate is when you are in your 20’s, the reality is that real estate should be something that people invest in at any stage of their lives. 5 Smart Ways to Start Investing in Rentals Later in Life Leverage (and build!) your network. Think that 23-year-old rascal has a network…
-
Late Payments – How to Avoid Them and Get Your Tenants to Pay on Time
Ask any owner and they will tell you that late payments are literally killing their cash flow because, when the mortgage payment on their rental property is due, they will have to cover that cost themselves until their tenant pays their rent. Thankfully, avoid late payments is possible if you use the following strategy that will help you to get your tenants to pay their rents on time so you can start avoiding late payments all together. Enable Electronic Payments We’re a big fan of software that allows residents to make payments online, such as many property management software solutions. In this day and age, we’re all busy. Having to…
-
Planning on Buying Apartments? Choose The Houston Texas Rental Market
By Vestpro Residential Services There’s no doubt that apartments or multi-family rental properties make excellent rentals because more doors equals more money for landlords. If you’re thinking about adding apartments to your portfolio or rental properties there no better place than the Houston Texas rental market. Houston is in the midst of an apartment boom. A just-released, national report suggests that boom may not slow anytime soon, as it lists Houston as a top buy for apartment investors — and an area that will see rising rents in the foreseeable future. Ten-X Commercial, an online platform for commercial real estate transactions, also identified Fort Worth as a city that commercial…
-
7 Reasons To Choose Vestpro To Manage Your Houston Rentals
There’s no doubt that owning Houston rentals can be an exciting thing to do because, you’re generating monthly cash flow while building long term wealth. Sadly, owning rental properties can get complicated, especially as you add more properties to your properties to your portfolio. Thankfully, owning rentals only gets easier when you hire Vestpro Residential Services to manage them. If you’re “on the fence” about calling us to learn more about our property management services, here are 7 reasons to choose Vestpro to manage your rentals. Why Hire Vestpro Residential To Management Your Houston Rentals? #1 – Set the Right Correct Rates for Your Rentals One of the biggest problems…
-
Enjoy The Tax Benefits Of Renting Your Home During Special Events
Are you planning on going on vacation this year? If so, you might want to wait to go on vacation during an annual event in the Houston area. You may be able to rent your home for more money while a special event is in progress like Comicpalooza because more people will be in town during the week of that event and willing to pay higher rental rates. Could Be Tax Free Income Homeowners go on vacation and make tax-free income while temporary tenants rent their home. Homeowners can benefit from a little known provision in the tax code that does not require taxpayers to recognize the income derived…
-
What are the main reasons you should invest in Houston Real Estate?
Have you been thinking about investing in Houston Real Estate but you’re not sure if now is the right time for you to invest or not? Now is a great time to invest in Real Estate especially for these reasons: Reason #1 – Demand Thanks to a recent study by the Harvard University Joint Center for Housing Studies and their 2015 State of the Nation’s Housing Report we know that demand has been one of the primary factors which has been driving the Real Estate market during 2015. There’s been huge demand for rental properties and an even bigger demand for homes for sale thanks to historically low mortgage interest…
-
Pool Safety Tips To Start Using Now
The “dog days” of summer are officially here and for the coming months we can expect temperatures in the Houston area to reach the triple digits. If you own a rental property with a pool or spa area it’s more important than ever for you to be enforcing pool safety rules because not only will this protect your tenants, it will also protect your best interests as well and avoid any accidents, injuries or lawsuits at your swimming pool. Pool Safety Tips You Should Start Using Now Install anti-entrapment drain covers. Make sure that your drain covers are compliant with the Virginia Graeme Baker Pool & Spa Safety Act of 2007.…
-
Tips for Finding a Contractor You Can Trust
Are you planning on having some work done on your rental property? If so, one of the keys to success with maintaining rental property for the long term that also produces consistent cash flow is finding a contractor you can trust. If you are a contractor who wants to be trusted by people then there is an easy solution to this. You just have to make sure you have the correct business plan, why not check out something like this SGI which can help your business become more trustworthy. This will help get you potential clients. Moving on though, for those people who want tips on what to look for…
-
For Rent in Houston TX – Small Renovations Will Boost the Value of Your Rental Property
Are you searching for ways to boost the value of your home For Rent in Houston TX? If so, you’ve come to the right place! At Vestpro Residential Services we manage a wide variety of rental properties in the Houston area and can tell you that small renovations will boost the value of a rental property every time. In this article, we will share with you small renovations that you should make to your Houston Texas rental property. Kitchen Since we all spend the most time in kitchens and bathrooms one of the first places that you should invest some renovation money is in your kitchen. Some of the small…
-
What Does A Houston Texas Property Manager Do?
What does a Houston Texas Property Manager do? This is one of the biggest questions that property owners who manage their own rental properties have had over the years because some owners are under the misconception that we just collect a check without doing much to actually manage their rental properties. In this article, we will break down what a Houston Texas Property Manager actually does so you will be more aware of what to expect when hiring a property manager to manage your rental properties. Houston Texas Property Managers Ease Stress One of the first things that Houston Texas Property Managers do is ease the stress that you may…
