When it comes to owning single-family rental properties, there are various ways to structure ownership. Property owners have choices, including holding properties in their individual names, establishing LLCs, corporations, or partnerships. While many owners initially purchase rental homes with their names on the title due to lender requirements, it’s a common practice to retitle the…
If you’re a landlord in Texas looking to hire a property manager, one of your top concerns is likely to be the cost of their services. Property management fees can vary widely, and it’s essential to understand what you’re paying for and how much it will cost you in the long run. In Texas, single-family…
When it comes to renting residential properties in Texas, landlords and tenants enjoy a significant degree of freedom to contract. This means they can use whichever lease form they prefer, as long as it complies with the law. However, the most common residential lease used for single-family rentals in the Lone Star State is the…
In the realm of real estate investing, many so-called experts and coaches tout single-family rentals as the golden ticket to wealth. They paint a picture of passive income, highlight the numerous tax advantages, and emphasize the potential for equity appreciation. These experts often charge hefty fees for their coaching and seminars, promising financial freedom through…
In the realm of property management in Texas, the handling of security deposits is not just a matter of good business practice; it’s a legal obligation that comes with strict guidelines. Failure to adhere to these regulations can lead to severe penalties for landlords. In this guide, we will walk you through the essential aspects…