When it comes to creating a compelling property listing, high-quality photographs are essential. Whether you’re trying to attract tenants or buyers, the images you include can make or break your listing’s success. Here’s why hiring a professional service that specializes in real estate photography is one of the best investments you can make. Why Professional…
In the context of residential leases, it’s important to distinguish between a tenant and an occupant, as these roles come with different responsibilities and rights. Who is a Tenant? A tenant is an individual who has entered into a formal agreement, often a lease, with a landlord. This agreement outlines the tenant’s responsibilities, which typically…
Mold is a common issue in rental properties, especially in regions with high humidity like Houston, Texas. Excessive mold not only damages property but can also pose health risks to tenants. Here are some essential steps landlords can take to prevent mold growth in their rental properties. 1. Control Water Penetration Water penetration is one…
Determining the right time to increase rent is a crucial decision for landlords. It’s a balance between covering rising costs and maintaining a good relationship with tenants. Here’s a guide on when and how landlords should consider raising rent. Lease Renewal Period Typically, leases are for a 12-month period. The best time to consider a…
Understanding how to report rental income is crucial for landlords. The method you use can vary depending on how you own your rental properties and your specific tax situation. Here’s a breakdown of the most common ways landlords report rental income. Reporting Rental Income on Schedule E Most landlords own properties either as a disregarded…