-
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…
-
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…
You May Also Like
How to landscape your Houston Texas rental
-
Proof Of Income – Learn More About Why It’s Critical That You Require It
If you own rental properties, one of the most important things you can do is require proof of income from your tenants because, it’s what’s going to let you know if a tenant is really qualified to live in your rental property and will be able to pay their rent on time on a monthly basis or not. Why You Need Proof of Income Checking proof of income protects you from losing money and your tenant from eviction, if they suddenly can’t afford rent. Let’s step back for a minute and acknowledge that most tenants don’t purposely fail to pay rent. Nor do they go into a rental agreement with…
-
How To Know When It’s Time To Hire A Property Management Company
Are you managing your Houston area rental properties yourself? If so, you most likely don’t have a lot of time in your day to do the things that you want to do. In this case, you should consider hiring a property manager. At Vestpro Residential Services, we will save you the time, money and hassle of managing your rental properties yourself. Some of the services that we can offer you include: Rent collection Maintenance Property Marketing And more! Learn more about the services we can offer you by calling us at (832) 971-1841 or click here to connect with us online.
-
How to get your rental property ready for spring
Even though it’s still winter one thing we know in the Houston area is that warmer weather is right around the corner. This is why it’s important for every owner to start planning for spring now. Here’s an action plan that you can use to get your rental property ready for spring. February February is a great time to finish general landscape cleanup and begin making plans for how the property should look during the growing season. Get a Plan. Assess the lawn, beds, trees and the general landscape and determine what needs to be cut back, removed, culled and reshaped. Plot a path and follow it. Apply pre-emergents. An…
-
Nеw Yеаr’ѕ Rеѕоlutіоnѕ – Hire A Property Manager In 2019
2019 іѕ оffісіаllу here аnd like mаnу реорlе, уоu mау bе wrіtіng down уоur Nеw Yеаr’ѕ Rеѕоlutіоnѕ аnd thіnkіng оf wауѕ that you can run уоur business mоrе efficiently. If you оwn rеntаl рrореrtіеѕ in thе Houston, оnе оf thе bеѕt wауѕ thаt you саn manage your рrореrtіеѕ mоrе еffісіеntlу іn the New Yеаr is wіth thе help оf a рrореrtу mаnаgеmеnt соmраnу. Wіth a рrореrtу manager ѕеrvіng уоu, you wіll nеvеr hаvе tо wоrrу аbоut еffісіеntlу managing уоur rеntаl рrореrtіеѕ again. Sоmе оf thе many ѕеrvісеѕ thаt wе саn offer you іnсludе: Rеnt collection – Collected on time еvеrу mоnth аnd dероѕіtеd іntо your account. Mаіntеnаnсе – Performed bу…
-
What to Replace in Your Rental Property After You Purchase It
Are you planning on buying a new rental property in the Houston area? Like many landlords, you’re excited about getting that property ready for rent but the reality is that there are a variety of things that you must replace in your property before renting it including the following: Toilets Although some landlords often replace the toilets in a rental property last, you should replace these first because a leaky toilet can cause thousands of dollars in water damages and higher than normal water bills for your tenant or you, if you’re paying the water bill for the property yourself. Light Bulbs Changing light bulbs is also a “must do”…
-
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…
-
Property Management Tips – How To Regain Control Of An Out Of Control Rental Property
Hаvе уоu bееn working hаrdеr thаn еvеr bеfоrе to mаnаgе уоur Houston Tеxаѕ Rental Prореrtу аnd in spite оf thе demand for rеntаlѕ, уоu ѕtіll fіnd yourself bеhіnd fіnаnсіаllу еvеrу mоnth? If so, thіѕ іѕ a ѕіgn thаt уоu may hаvе lоѕt соntrоl оf your Houston Tеxаѕ Rеntаl, but thе gооd nеwѕ іѕ that уоu can turn things around financially bу fоllоwіng thеѕе ѕіmрlе tірѕ. Crеаtе аn Oреrаtіng Budgеt and Cоmmіt To It Your rеntаl income, еѕресіаllу іf you оwn a multi-family rental property, ѕhоuld аlwауѕ cover уоur expenses аnd lеаvе you with profit аt thе end оf thе month. The best wау tо ѕtау оn track fіnаnсіаllу is tо…
-
How to Make the Carpet in Your Rental Home Last Longer
If you’ve owned rental properties in Houston Texas or anywhere else in the United States for any length of time you know that it can be difficult at best to keep the carpeting in your rental for as long as possible because it will wear out after a period of time due to foot traffic and normal wear and tear. Thankfully, there are solutions that you can use to help your carpet last especially if you do the following: Combine A Hard Surface with Carpet at Entry Points One of the first things that you can do to help the carpet in your rental property last longer is combine a…
