When it comes to property management, maintaining a reserve fund is a critical yet often overlooked component of successful property ownership. This post details the importance of reserves, the benefits of maintaining them, and discusses suggested reserve amounts. Why Property Management Reserves Are Essential Reserves are funds set aside by property owners with their property…
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The question of whether open houses are an effective tool for selling homes in Texas has been a point of discussion in real estate for years. Since the internet became the predominant means of marketing real estate, traditional open houses have often been regarded as a means to appease sellers, giving the impression that agents…
When purchasing a rental property, accurately estimating your expenses is key to maintaining a profitable investment. One of the most important factors in this equation is vacancy cost—the time your property sits empty between tenants. Conservative estimates can protect your cash flow, but being overly cautious might leave money on the table. In this post,…
In the real estate industry, selling a property often involves significant costs, especially when hiring a full-service Realtor. However, a flat fee listing service offers a more affordable alternative, allowing sellers to list their property on the Multiple Listing Service (MLS) for a set price while handling much of the process themselves. Here’s an overview…
Selling a property is always a big decision, but it can become more complicated when the property is occupied by a tenant. Whether you’re a landlord looking to offload a rental property or you’re selling for other reasons, it’s important to understand how to navigate the sale while still respecting the tenant’s rights. The Legal…