You’ve probably heard the buzz about tiny homes in Texas. These little gems are more than just a trend; they’re a game-changer in the housing scene. Driven by a growing interest in sustainable and affordable living, Texans are now looking at tiny homes as a real option. This shift has caught the eye of smart…
DetailsThe 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.…
DetailsFor 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.…
DetailsThe 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…
DetailsOne 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…
DetailsHarnessing 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,…
DetailsAs 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…
DetailsThe Importance of 1099-Misc Returns for Property Owners with Management Companies As a property owner, understanding the intricacies of 1099-Misc forms is crucial, especially if you work with a property management company. These forms are not just pieces of paperwork; they are key tools used by the IRS to ensure proper reporting of income. 1099…
DetailsAs the owner of a single-family rental in Texas, it’s essential to realize that income-producing real estate is very much like running a business. To ensure the financial health of your investment, it’s imperative to be familiar with certain key financial statements. Our management company understands this need and provides annual statements to assist owners…
DetailsManaging a rental property in Texas, especially a single-family home, involves a careful balance of responsibilities and financial management. Property managers play a crucial role in overseeing the day-to-day operations of rental homes. Their duties are extensive, ranging from collecting rent to handling the nitty-gritty of property maintenance. A previous article from our management company…
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