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Humble Texas Rental Property – 3 Reasons Why You Want To Have Landlord Insurance

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By Vestpro Residential Services

If you’re just getting started with owning your first Humble Texas Rental Property one of the most important things you should do to protect your best interests is have landlord insurance.

Also known as rental property insurance, landlord insurance will be your first line of defense should a disaster like a flood or tornado occur which severely damages your property.

Own Rental Property With Confidence

Besides protecting your rental property from the effects of disaster, you will also be able to own a Humble Texas Rental Property with confidence in knowing that should your HVAC, heating, air conditioning or ventilation system need to be replaced you may not have to cover that cost.

How Much Property Insurance Coverage Do You Need?

When calculating how much property insurance coverage you will need, your carrier will use the Marshall & Swift / Boeckh calculation to determine the right coverage for you since this calculation also takes into account the square footage, elevator, boiler and any unique features your rental property may have.

What Exactly Does Landlord Insurance Cover?

Landlord insurance covers the “brick and mortar” (building) and the internal systems like the HVAC, but what’s also not commonly known is that landlord insurance will also cover trees and some furnishings inside the property as well.

Get Professional Property Management Services

As with landlord insurance, it’s also important for you to have professional property management for your Humble Texas Rental Property since a property manager will save you the time, money and hassle of managing your property yourself.

To learn more about the experienced property management team we can offer you contact Vestpro Residential Services today by calling us at (832) 498-0016 or click here to connect with us online.

 

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Humble Texas Rental Property Management Tips

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By Vestpro Residential Services

In 2015 owning rental property is one of the best ways to build wealth and generate monthly cash flow.

If you’ve been thinking about buying a Humble Texas Rental Property here are 4 things you should do with every renter.

#1 – Be Consistent

One of the most important things you want to do with every person who rents one of your properties is to be consistent and follow the same procedures with each time with prospective renters.

For example: You should always run credit checks and background checks with each renter.

Although you might be tempted to “go with your gut” with some renters, it’s important to follow the same procedures every time you deal with a renter so you can avoid any claims of racism, sexism or favoritism from renters who you might not decide to rent to.

#2 – Check References

During the process of accepting applications from potential renters it’s also important to always check references including personal and job references because, it’s easy for a renter to make those references up just to be approved for a rental property.

#3 – Keep Good Documentation

Always keep copies of rental applications, take before and after pictures of a home, and do your best to thoroughly document conversations with tenants if problems arise because, keeping good documentation will also protect your best interests should problems arise with a tenant.

#4 – Take Good Care Of Your Rentals

Last of all, but most important, your tenants will be spending their hard earned money on your Humble Texas Rental Property because they want to live there so you as the property owner should do your best to take care of your renters and provide them with the best rental experience possible

Get Property Management Help for Your Humble Texas Rental Property

For more tips on how to get started with owning Humble 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.

 

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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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Get a property management quote! Click here.

 

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.

 

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