Property management can be challenging, especially when tenants fall behind on rent. One effective strategy involves negotiating payment plans while still moving forward with the eviction process in the background. This balanced approach offers tenants the opportunity to catch up on rent, while protecting property owners from potential losses. In this post, we explore this…
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If you’re new to Texas or a first-time home buyer, navigating the real estate market can feel overwhelming. One key tool that can simplify the process is the TREC promulgated One to Four Single Family Resale Contract. This free, standardized contract—available directly from the Texas Real Estate Commission (TREC) website—is the most popular form for…
Responsive maintenance isn’t just about fixing broken appliances or patching up walls—it’s a strategic investment that benefits both landlords and tenants in the long run. While deferring repairs might seem like a way to save money in the short term, it often leads to higher costs, increased tenant turnover, and ultimately, a lower return on…
When purchasing a property, understanding its condition before closing is crucial. In Texas, the TREC One to Four Family Residential Contract is the most commonly used contract for resale transactions. Paragraph 10 of this contract specifies that the property must be turned over in its present or required condition, which can be vague. Here’s what…
Lockboxes are a convenient way for property managers and landlords to provide secure access to rental properties, but they are not immune to theft. If a lockbox disappears from one of your rental properties, it could indicate a potential security risk. Here’s what you should do to protect your property and your tenants. Rekey the…