7 Tips for Getting Your Humble Texas Rental Property Ready for Rent

By Vestpro Residential Services

Are you planning on getting your Humble Texas Rental Property ready for rent? If so, make sure that your rental is ready to be toured by prospective renters by following these 7 tips

Tip #1 – Re-Key Your Locks and Change Alarm Codes – This is by far one of them most important things to do before renting your Humble Texas Rental Property because, you want to make sure that your old tenants cannot have access to your rental property, including the gate or mailbox after they move out.

Tip #2 – Professionally Clean All Carpets and Floors – One of the top things prospective tenants do not like is dirty floors and dirty carpeting so you should have them both professionally cleaned before showing your rental property.

Tip #3 – Clean Up Your Yard Space – If your Humble Texas Rental property has a yard space, you should clean it up (regardless of the size) because, you want prospective tenants to see it as a usable space that they can be excited about instead of seeing dead flowers, dying shrubs or an overgrown yard that may turn them away.

Tip #4 – Change Air Filters – Does you’re the HVAC or air conditioner at your Humble Texas Rental Property have filters? If so, you should replace them because, this will help your tenants to breathe easier, especially if they have allergies.

Tip #5 – Clean Your Rental from Top-To-Bottom – Another important thing that you can do to get your Humble Texas Home ready for rent is to thoroughly clean it from top to bottom because a dusty or dirty rental property may lead some renters to wonder what else may be wrong with the rental property.

Tip #6 – Inspect / Clean Ceiling Fans – Although ceiling fans can help to cool a home or keep it warm, they can also accumulate dust during the year and spread that dust around the home when they are turned on, this is why you should have those ceiling cans cleaned and serviced before tenants move in so you can have confidence that they are working properly.

Tip #7 – Let in The Light – Last of all, but most important, you should get your Humble Texas Rental Property ready for rent by letting in the light. To do this you should clean all windows in the home and replace light bulbs because more light can create a positive mental picture in the minds of potential tenants so they can see themselves living in your rental property.

Get Property Management for Your Humble Texas Rental Property

For professional property management for your Humble Texas Rental Property contact Vestpro Residential Services today by calling us at (832) 971-1841 or CLICK HERE to connect with us online.

New Year Resolutions – Hire A Houston Texas Property Manager In 2017

By Vestpro Residential Services

HOUSTON, TX. – With the 2016 holidays officially over many people will be coming up with their New Year’s Resolutions for 2017 and if you own rental properties in Houston one of the best resolutions you can make is to hire a Houston Texas Property Manager in 2017 especially for these reasons.

Saves You Time And Money

An experienced Houston Texas Property Manager will save you the time of managing your rental properties yourself especially when it comes to day-to-day tasks like rent collection, customer service, and maintenance because these are all tasks that you will no longer have to do yourself.

You will also save money when you hire a Houston Property Manager because you won’t have to chase down tenants when they don’t pay, or make repairs to your rental property yourself because our team of trained professionals will complete those property management tasks for you so you can focus on growing your portfolio of rental properties.

Property Management Makes Life Easier

Let’s face it, as you purchase more rental properties you can expect to have more responsibilities but with an experienced Houston Texas Property Manager you can focus on the things that matter for you like spending time with your family, enjoying life and growing your rental property portfolio knowing that the everyday tasks of property management are being handled for you on the back end.

To learn more about our property management services contact Vestpro Residential today by calling us at (832) 971-1841 or click here to connect with us through our website.

Are You Planning On Selling Your Houston Rental Before The End Of The Year?

Over the last five years many homeowners in Houston Texas have decided to rent their homes out rather than selling them, but times have changed, and now that home values have increased, homeowners who were previously underwater with their mortgages have equity again and may be planning on selling their Houston Rental Properties. 

Thanks to the IRS tax code we know that you can temporarily rent your primary residence without losing the all-important exclusion of capital gain but, this is also based on set five-year time limit.

About The Capital Gains Exclusion

During a 5 year period of time, you must have done the following:

  • Owned your home for 2 years.
  • Lived in your home, as your primary residence for two years.
  • Ownership must have been continuous during this period of time.

To successfully take advantage of the capital gains deduction your home must be ready for sale and should be priced correctly, sold then closed within a period of six months.

Although most homeowners want all capital gains to qualify for the exclusion, the reality is that some of the gains might not qualify if depreciation has occurred during the period of time that the home was rented, but the good news is that depreciation is recaptured at a tax rate of 25%.

cellphone

Timing Is Important

As with anything in life, timing is important, especially if your home is valued at $200,000 or more because it’s possible that you could have a tax liability up to $30,000 so like most people you will want to do everything possible to minimize or eliminate as many taxes as possible.

To learn more about taking advantage of the capital gains exclusion contact you tax professional today or to start the process of selling your Houston Rental before the end of the year click here.

VestPro Logo

Get Property Management Here

For professional property management for your Houston Texas Rental Property contact Vestpro Residential Services today by calling us at (832) 971-1841 or click here to connect with us online.

Humble Texas Property Management – How to Avoid Losing Renters

By Vestpro Residential

Are you searching for Humble Texas Property Management information? If so, you’ve come to the right place! In this article we will share with you actionable tips you can use to avoid losing renters.

Avoid Constant Rent Increases

The first Humble Texas Property Management tips we can offer you is to not raise the rent with each lease renewal because, the reality is that it’s not always a wise decision to increase the rent especially if you have long term tenants since it does cost more money to find a reliable long term tenant than it does to keep a tenant.

Always Handle Noise Complaints

When it comes to your Humble Texas Rental Property you should always treat noise violations seriously because, just about every tenant has a very low tolerance for noise so you should address the noise problem if it’s coming from a neighbor on the street where your rental is located, or another tenant in your rental property.

Humble Texas Property Management

Follow The Law If you have to Enter Your Rental Property

As long time Humble Texas Property Management professionals we can tell you that unauthorized entry is illegal in Texas and you have to follow the law if you plan on entering your rental property to show your rental to a prospective renter or get work done.

Always give your renters at least 24 hour notice in writing before entering your rental property and if you need to enter your rental property due to an emergency you should ask your tenant to sign a notice allowing you to enter the rental on short notice.

Don’t Allow Poor Maintenance

Last of all, but most important, another Humble Texas Property Management tip we can offer you is to never allow inadequate maintenance at your rental property because you will only be able to keep your tenants for so long before they become tired of living in a rental property that’s not been properly maintained.

Get Humble Texas Property Management

For the best Humble Texas Property Management contact Vestpro Residential Services today by calling (832) 971-1841 or click here to connect with us through our website.

1031 Exchange Tax Free Real Estate Investing

Are you planning on investing in another Houston Texas Rental Property but have to sell one of your rentals first before you can purchase the new property? If so, you should consider a 1031 exchange.

In this video you will learn more about how the 1031 exchange works and how to apply this to your business.

Get Houston Texas Property Management

For affordable Houston Texas property management contact Vestpro Residential Services today by calling us at (832) 971-1841 or click here to connect with us online. 

Houston Condo And Apartment Marketing Strategies

By Vestpro Residential Services

HOUSTON, TX – Do you have a Houston Condo or apartment that’s coming up for rent soon? If so, you’re not alone. Now is the right time for you to start thinking about renting your property and you can get it ready for rent by following the tips in this article.

Tip #1 – Start Marketing Your Houston Condo 30 Days Before Your Tenants Moves Out

Yes, it’s true that every tenant doesn’t like to be bothered but, you have a business to run and one of the keys to success with owning rental properties is using your time wisely because you don’t want to risk your rental property sitting vacant for 30 days or longer.

Start marketing your rental at least 30 days in advance, before your tenant moves out because this will give you plenty of time to find and screen the right tenant. Before showing your Houston Condo just make sure that you deliver a written notice to your tenant 24 hours in advance so they are aware that one or more individuals could be entering the rental with you to view the property.

Tip #2 – Improve Curb Appeal Now

Thankfully, you don’t have to wait 30 days to start improving the curb appeal for your Houston Condo or Apartment you can start making those improvements now. Some of the improvements you can make to the exterior of your condo include: painting the front door, power washing the patio or walkway, planting new flowers in pots outside of the rental and if it has a small yard you should clean up that yard space.

Once your tenant moves out you should schedule any inside maintenance to be done the day after your tenant is out of the rental property.

Tip #3 – Great Pictures And Video Will “Sell” The Rental

If you plan on marketing your rental property online you should have professional pictures and video taken of your rental property because great pictures and video will help to sell your rental property to the right tenants especially if you plan on marketing your rental property on websites like craigslist.org or har.com.

Tip #4 – Listen To Your Tenants Recommendations

Last of all, but most important, when your tenant moves out you should listen to their recommendations for your rental property, especially if they include tips on what needs to be fixed in the rental because, these recommendations will save you the time, money and hassle of having to make repairs to your Houston condo after new tenants move in.

Get Houston Texas Property Management

For affordable and reliable Houston Texas Property Management contact Vestpro Residential Services by calling us at (832) 971-1841 or click here to connect with us online.

What To Know When Searching For Houston Texas Property Management Companies

Are you searching for Houston Texas Property Management Companies online? If so, you’ve come to the right place. Here’s what you should know when searching for a property management company.

Choose An Experienced Property Manager

Although most Houston Texas Property Management Companies claim that they are experienced when it comes to customer service, tenant retention, rent collection, maintenance and all of the day-to-day responsibilities that come with property management, you should take the time to review a company online to verify their experience.

You can do this online by searching the Better Business Bureau’s website or on social media websites like Facebook and Google my Business.

About Houston Texas Property Management Companies

Once you find a property management company that you’re interested in working with you should verify that they have actually have a team that specializes in maintenance, book keeping, and customer service because hiring a team will give you confidence that all aspects of your rental properties are professionally managed by a caring team of professionals instead of just one person.

Confirm That Your Tenants Can Pay Their Rent Online

Last of all, but most important, before continuing your search for Houston Texas Property Management Companies you should also confirm that the property management company offers their tenants the ability to pay rent online because, most renters are accustomed to paying their bills online and this will also make it easier for you to get paid as well.

Get Houston Texas Property Management

For affordable Houston Texas Property Management contact Vestpro Residential Services today by calling us at (832) 498-0016 or connect with us online.

Houston Texas Property Management – 3 Tips for Tenant Retention

 

By Vestpro Residential Services, LLC

As a long time Houston Texas Property Management company we can tell you without a doubt that tenant retention is one of the keys to success with owning profitable rental properties because, the longer you have your properties rented for means you will have long term cash flow from each rental property.

If you haven’t thought about what you can do to retain your tenants this article will provide you with 3 tips you can use for tenant retention.

Tip #1 – Practice the Art of Regular Communication with Your Tenants

Although you may have the best tenants in the world, you should always practice the art of regular communication with them because, regular communication with your tenants will not only show them that you care and appreciate their business, it will also encourage them to contact you should problems occur at your rental property that need to be fixed or resolved.

Houston Texas Property Management

Tip #2 – Offer Your Tenants Incentives

Another successful Houston Texas Property Management tip that we can offer you is to consider offering your tenants incentives for doing things like paying their rent on time to reporting maintenance problems or issues to you when they occur. Some of the incentives you should consider offering your tenants include: free Wi-Fi (depending on rental property), free memberships to local health clubs and gift cards from local grocery stores.

Tip #3 – Create a Referral Program

Last of all, but most important, in the world of property management we know that if a tenant is responsible, pays their rent on time and keeps their rental clean the chances are that they have friends or family members who have similar tastes and traits so if you want to get more great tenants like the one that you currently have you should consider starting a referral program which includes paying your tenants a “bounty” when they refer people to you who may be interested in renting one or more of your rental properties.

Get Houston Texas Property Management

For Houston Texas Property Management contact Vestpro Residential Services, LLC today by calling us at (832) 498-0016 or click here to connect with us online.

Is It Time For You To Consider Houston Property Management?

Get Houston Property Management

There’s no denying that now is a great time to invest in local real estate thanks to great prices and low mortgage interest rates but as you grow your portfolio or rental properties you will also face more responsibility if you are managing those properties yourself and this is why you should consider Houston Property Management.

If you’ve been debating hiring a Houston Property Manager here’s how we can save you the time, money and hassle of managing rental properties yourself.

On Time Rent Collection

When you hire a Houston Property Manager you can rely on them for collecting your rent on time every month and either depositing the rent into your bank account or mailing you a check each month.

A property manager will also eliminate all rent collection delays and or excuses that traditionally come with rent collection for some owners plus insure that your rent is collected professionally each month without you having to go through the hassle of rent collection yourself. 

Professional Property Management

Your rental property will be professionally managed by a qualified property manager including all of the additional time consuming aspects of property management like maintenance requests and other service related issues.

Excellent Customer Service

Sometimes having an actual human being to call your tenants back matters most in the world of property management and when you hire a professional Houston Property Manager you can have confidence that all of your tenants will be responded to in a timely manner when they call or email the property manager.

Excellent Backup For You

Another benefit of hiring an experienced Houston Property Manager is that you can depend on them to be on top of any issues related to your property so that regardless if you live in Portland or are out of state your home or multi-family rental property will be professionally managed by caring professionals.

More Time to Grow Your Portfolio

Last of all, but most important, when you hire a professional Houston Property Manager you will have more time to focus on growing your portfolio of rental properties and focus on the next rental that you want to purchase for your portfolio.

Get Houston Property Management 

To learn more about our Houston Property Management Services contact Vestpro Residential Services today by calling us at (832) 498-0016 or click here to connect with us online.

 

3694_logo_20110817162149

 

 

For Rent Houston – How To Modernize Your Landscape

download

There’s no denying that renters are just as influenced by curb appeal as home buyers are and if your home or property for rent in Houston doesn’t have a modernized landscape this could be stopping more potential renters from viewing your property.

In this post we will share with you several tips you can use to modernize the landscape at your Houston Texas Rental property:

1. Eliminate structured hedge rows and reduce taller shrubs

Horsetail reeds that are planted in small groups offer a soft, flowing look. The reeds have jointed stems and are deep green, offering an interesting tropical look. They can be used in containers or contained in ponds, and stay green year-round. Also, shorten those six-foot-tall shrubs or remove them in favor of native plants. Get rid of trees that are confining and killing grass underneath.

2. Turn wear-and-tear areas into amenities

Straight concrete sidewalks or bare dirt paths and ugly drainage areas are an opportunity to create an eye-pleasing area in heavily traveled parts of the property. Create natural walking paths using crushed granite or flagstone, and add rock or design fake river beds around drainage areas that hold water.

3. Mulch with permanent materials

Mulching has changed, Lee says. Bark and brightly color mulches are out, and more permanent materials like gravel and crushed granite are favored. Also, dyed mulches that are dark brown or black give a more natural feel to beds and bordered areas. Using permanent materials reduces maintenance and does not require mulching as often.

4. Update types of plant material

Traditional hedge and plant materials should be replaced with native plants, grasses and ground covers to give a softer, calming look. Avoid planting in masses. Instead, space out plantings and create small groups of plant life. Also, leave the hedge clippers in the shed, and avoid making plants square or round. Introduce new plantings and use rock to reduce water requirements.

Lee says there are dozens of options with plants and materials to update landscapes even at the oldest of homes. A landscape consultant can help create a vision that, when implemented, will give the property a feel that it’s up with the times.

Source – Propertyware

Got A Property For Rent In Houston? Get Property Management Here

For more tips you can use to market your property for rent in Houston, or to get a property management quote contact Vestpro Residential Services today by calling us at