In the complex world of property management, tenant screening reports are crucial tools for making informed decisions. Yet, recent developments have cast a shadow over their reliability. A staggering $20 million fine against TransUnion by federal authorities highlights a growing concern: the accuracy of these reports. This incident is a wake-up call to the industry,…
When you’re a landlord in Texas, it’s important to understand the rules around entering your rental properties. Unlike some states, Texas doesn’t have set laws about how much notice you need to give tenants before entering their home. But that doesn’t mean you can just walk in anytime you want. Generally, it’s best to notify…
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,…
As a landlord in Texas, understanding the eviction process is crucial to managing your rental property effectively. Evictions are sensitive matters and must be handled legally and ethically. This guide outlines the steps involved in evicting a tenant in Texas. Step 1: Establish a Valid Reason for Eviction Before starting the eviction process, ensure you…