Renting out your house in Texas by the room may seem like a financially appealing option, but it’s almost never a good idea. There are numerous complexities and liabilities that come with this approach, which often outweigh the potential benefits. Here’s why you should think twice before renting out individual rooms in your house: Liability…
DetailsRenting a single-family home in Texas typically comes with a security deposit requirement. This deposit, usually equivalent to a month’s rent, serves as a safeguard against potential property damages beyond normal wear and tear. For homeowners using management companies, the handling of these security deposits often falls under the purview of these firms. However, some…
DetailsProperty management can be a complicated business, especially when dealing with single-family rentals. One of the key components of this business in Texas, or anywhere for that matter, is understanding how owner distributions work when using a management company. These distributions are crucial for property owners, as they represent the return on their investment after…
DetailsAs a property owner, you’re often faced with important decisions regarding the maintenance and repair of your property. One such decision is whether to use the in-house repair service of your property management company or to mandate that the management company uses third-party repair vendors. This choice can have significant implications for your property’s upkeep,…
DetailsNavigating the intricacies of property management agreements can often seem like a daunting task for property owners. One of the most crucial aspects to understand is the common term of such agreements, particularly in the context of single-family rentals in Texas. In this post, we’ll dive into the specifics of the most commonly used management…
DetailsOwning a rental property can be both rewarding and challenging. As an owner, one of your primary concerns is ensuring a steady stream of income. That’s why it can be surprising to some property owners to learn that some property management companies might still charge them even when the property is vacant. The Common Practice:…
DetailsThe unexpected death of a tenant can be a daunting and challenging situation for landlords. In Texas, there are specific laws and provisions that dictate how these circumstances should be handled, especially when it comes to ending leases and handling personal property. This article will focus on the guidelines set by the Texas Property Code…
DetailsUnderstanding the legalities surrounding assistance animals, particularly in the context of housing and rental agreements, is vital for both landlords and tenants. This knowledge is crucial when discussing whether landlords in Texas can charge a pet deposit for an Emotional Support Animal (ESA). The Law Surrounding Assistance Animals It’s a common misconception that the Americans…
DetailsDealing with a tenant who has left personal property behind after vacating can be a tricky situation for landlords, particularly in Texas. Whether you find yourself staring at a pile of old magazines or a brand new TV screen, understanding your rights and responsibilities is crucial. The Common Scenario: Low-Value Items Most of the time,…
DetailsWhen it comes to leasing single-family homes in Texas, the journey often goes through a specific, influential route: Realtors. These real estate professionals aren’t just agents skilled in negotiation and property marketing; they’re gatekeepers to a complex, interconnected world of listing services that most property owners can’t easily access independently. The Single Family Rental Listing…
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