• Planning on Hiring A Humble Texas Property Manager In 2019? Click Here
    Property Management Tips

    What is prorated rent? How much should you charge?

    If уоu own rental properties in the Houston area оr еlѕеwhеrе іn thе Unіtеd Stаtеѕ уоu will encounter tіmеѕ where іt mау bе nесеѕѕаrу tо charge prorated rеnt. In thіѕ аrtісlе wе will рrоvіdе уоu wіth tірѕ оn hоw tо сhаrgе уоur tеnаntѕ рrоrаtеd rеnt lіkе a truе professional. Whаt Prоrаtеd Rеnt іѕ аnd Whеn tо Chаrgе It Prоrаtеd rent іѕ juѕt whаt іt ѕоundѕ lіkе—а раrtіаl rеnt рауmеnt fоr whеn a tеnаnt ѕреndѕ a раrtіаl tеrm in thе рrореrtу. Thіѕ accounts fоr іf thеу mоvе іn lаtе оr mоvе оut еаrlу. Thіnk аbоut it: It wоuldn’t bе fair fоr a tеnаnt tо рау a whоlе mоnth’ѕ wоrth оf rеnt…

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  • Should You Install A SMART Thermostat in Your Rental?
    smart thermostat

    Should You Install A SMART Thermostat in Your Rental?

    SMART Thermostats have been available for a few years now and the make the lives of homeowners easy because once they are installed, we can set the temperature in our homes anywhere we have an Internet connection. The big question is should you install a SMART thermostat in your rental property? Pros of Installing A Smart Thermostat in Your Rental #1: Attract and Retain Renters with Premium Amenities In housing markets with lots of options for tenants, securing quality renters can be competitive. However, homes with smart tech can be more attractive to renters of all ages. According to the Buildium Annual Renters’ Report, 71% of millennial renters would be…

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  • Single Family Tenant Retention Tips
    Property Management

    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…

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  • Houston Texas Property Management Tips - Four Things To Consider Before Increasing Rent
    security deposits

    Security Deposits 101 – The Correct Methods for Handling Security Deposits

    Security Deposits are without a doubt something that you’re going to deal with sooner, rather than later if you’re an owner. In this article, we will share with you several things you should be doing with security deposits that will help you as you grow your portfolio of investment properties. #1 – Be Clear About Your Security Deposit Let’s say that you have multiple deposits including a pet deposit and cleaning fee, in this case, you shouldn’t hesitate to provide your future tenant with a statement that breaks down each deposit. Doing this will help to eliminate any confusion regarding what your tenant is actually paying for and they will…

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  • Curb Appeal

    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…

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  • Tips for getting your pool ready for summer
    Maintenance

    Tips for getting your pool ready for summer

    Even though summer 2019 is right around the corner, in Texas we can have summer like temperatures as early as April so it’s important for anyone who owns a rental property that has a pool to get it ready for summer by following these tips: Before filling your pool you should also confirm that it’s clean and safe for use by both adults and children. When inspecting your pool you should also review your pool equipment as well to make sure that the operating system for your swimming pool will provide proper flow and suction of water. Verify Water Chemistry Once you’ve inspected your swimming pool, and you’ve filled it…

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  • What’s happening with the Houston Texas Apartment Market?
    Multi-Family Rental Property

    What’s Happening To The Multifamily Rentals In The United States?

    There’s no doubt that construction in the Houston Texas area has been on the rise in recent years but one of the noticeable problems that we’ve seen occurring is that there have been fewer and fewer small, multi-family buildings constructed each year. In 2017 for example, there were 358,000 multifamily buildings constructed in the United States but these units were all large multifamily properties of 50 or more units. When it comes to smaller multifamily buildings there were only 27,000 units constructed. What’s Happened To Smaller Multifamily Rental Properties? Why the big change in multifamily units constructed in the United States? The change in the construction of multifamily properties can…

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  • Proof Of Income - Learn More About Why It's Critical That You Require It
    Proof Of Income

    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…

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  • How to make landscape maintenance easier at your Houston rental property
    Property Management

    Reasons To Choose Vestpro Residential Services In 2019 For Property Management

    Are you planning on searching for a property manager in 2019 to manage your portfolio of rental properties? If so, here are the reasons to choose Vestpro Residential Services for all of your property management needs. We Will 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. Your Rents Will Be Collected…

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  • Tenant Background Checks – Learn More About the Best Online Resources
    Uncategorized

    Tips For Buying Rental Properties In Houston TX

    Are you planning on buying rental properties in Houston TX? If so, you’ve come to the right place! The Houston Texas area is without a doubt one of the very best locations in the United States for buying investment properties. Why? The answer is simple. Demand for rentals has only continued to grow here in recent years and this continues to make the Houston area ideal for every real estate investor. In this article, we will share with you several tips that will help you to choose the right investment property in Houston or elsewhere in the United States. Tip #1 –  Where Is The Property Located? Before purchasing an…

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