Renting out your house in Texas by the room may seem like a financially appealing option, but it’s almost never a good idea. There are numerous complexities and liabilities that come with this approach, which often outweigh the potential benefits. Here’s why you should think twice before renting out individual rooms in your house: Liability…

Renting a single-family home in Texas typically comes with a security deposit requirement. This deposit, usually equivalent to a month’s rent, serves as a safeguard against potential property damages beyond normal wear and tear. For homeowners using management companies, the handling of these security deposits often falls under the purview of these firms. However, some…

Property management can be a complicated business, especially when dealing with single-family rentals. One of the key components of this business in Texas, or anywhere for that matter, is understanding how owner distributions work when using a management company. These distributions are crucial for property owners, as they represent the return on their investment after…

As a property owner, you’re often faced with important decisions regarding the maintenance and repair of your property. One such decision is whether to use the in-house repair service of your property management company or to mandate that the management company uses third-party repair vendors. This choice can have significant implications for your property’s upkeep,…

Navigating the intricacies of property management agreements can often seem like a daunting task for property owners. One of the most crucial aspects to understand is the common term of such agreements, particularly in the context of single-family rentals in Texas. In this post, we’ll dive into the specifics of the most commonly used management…