A common question we receive at our management company is, ‘Who is responsible for property damage after a storm?’ With Houston recently experiencing approximately 100-mile-per-hour straight-line winds, many trees have fallen, causing significant damage. Here’s what property owners need to know about their responsibilities in the aftermath of such natural disasters. General Rule of Responsibility…
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When considering various real estate investment opportunities, one question that often arises is whether student housing is a good investment. The short answer is that it can be, but our management company doesn’t recommend it for most property owners. Here’s why: High Turnover and Property Wear Student housing typically experiences a high turnover rate. Unlike…
The rise of remote work has reshaped various aspects of our lives, including the real estate market. With more people working from home, property investors and landlords are now able to explore and invest in markets beyond the traditional Texas metro areas that have experienced significant growth, such as Austin, Dallas, Fort Worth, Houston, and…
Managing rental properties comes with its share of challenges, including handling tenants who make payments that bounce or get rejected. Whether it’s a check that bounces or an electronic payment that is declined, it’s essential to know how to address these issues promptly and efficiently. Common Payment Issues In today’s digital age, many property management…
When it comes to property management in Texas, the necessity of a real estate license hinges on specific duties and the type of property being managed. Understanding these nuances can help property managers and property owners navigate the legal requirements set forth by the Texas Real Estate Commission (TREC). Licensing Requirements for Single-Family Housing In…