The real estate scene in Texas is buzzing with a new trend that’s catching the eyes of savvy renters and landlords alike. Gone are the days when a simple rent reduction was the go-to move to attract tenants. As we cruise into 2024, a more nuanced strategy is taking center stage: offering irresistible tenant incentives.…
For landlords, durable rental properties that minimize repairs can yield higher returns. With the lack of availability in resale properties for sale, building new rental houses designed to last is proving to be a better alternative.. Follow these three tips when building to rent: Choose Durable Flooring Avoid carpet, which wears out quickly in rentals.…
The housing market in Austin and across Texas is red-hot, with home prices and rents rising faster than many middle-class families can afford. In our recent video, we discussed how cities like Austin are turning to “upzoning” – allowing more housing density on existing lots – as one strategy to boost the supply of affordable…
One of our property management staff recently posed a question concerning a scenario where a tenant vacated a property eight months before their lease ended. They inquired: “If a tenant vacates early and the owner is not making any effort to re-lease the property, can we still charge rent or at what point do we…
Harnessing the Power of Lease Guarantees for Single-Family Homes In the dynamic landscape of Texas real estate, particularly for single-family homes, property management entails not just maintaining the physical asset but also ensuring financial stability and mitigating risks. One effective tool in the arsenal of property owners and managers is the Lease Guaranty. This instrument,…