Owning rental property comes with its own set of challenges, and one of the biggest concerns for landlords is how to handle repairs and maintenance. As a solution, some landlords consider purchasing a home warranty, also known as a residential service contract. However, is this the right move? Firstly, let’s understand what a home warranty…
DetailsWhether you’re an investor or a homeowner considering renting out your property, property management in Texas can seem daunting. However, professional property managers can alleviate much of this stress, handling the minutiae of rental operations. This article delves into the typical services provided by property managers for single-family rentals in Texas, ensuring your investment not…
DetailsIn Texas, property management isn’t just a business; it’s an essential service that thousands of property owners and renters rely on. However, just like any other service, it requires a level of professional conduct and oversight. This begs the question: Must property managers be licensed in Texas? Let’s dive deep into the regulations governing this…
DetailsBefore we delve deep into this topic, it’s essential to make clear that this post is not a substitute for legal advice. If you or someone you know is dealing with family violence or has questions about terminating a lease due to such circumstances, please consult an attorney for guidance tailored to your situation. Understanding…
DetailsTerminating a business relationship can be a daunting task, especially when it comes to something as important as property management. Some property managers may fail to meet their obligations, prompting landlords to reconsider their choice. This post will focus on best practices for terminating a property management contract when there’s a material breach and the…
DetailsBeing a landlord is not just about collecting rents and ensuring the maintenance of properties. It also entails adherence to a host of legal requirements. One such pivotal requirement for Texas landlords is the obligation to disclose specific information about rental property ownership and management. As outlined in Section 92.201 of the Texas Property code,…
DetailsRenter’s insurance, often an overlooked aspect of rental agreements in Texas, plays a crucial role in protecting tenants. Renter’s insurance is paid for by the tenant, aimed at safeguarding personal property from various risks like theft or fire. It also covers living expenses if the rental property becomes uninhabitable due to casualty and offers personal…
DetailsDisclaimer: This post largely contains opinions based on the author’s experience as an attorney and property manager concerning mold. It should not be taken as legal or medical advice. Any parties dealing with a mold issue should consult an attorney and/or doctor for guidance specific to their situation. Mold is a common issue faced by…
DetailsOwning rental property in Texas is more than just a passive investment – it’s a business endeavor that comes with its fair share of risks and responsibilities. Just like any business, managing risk is crucial for landlords. One of the most powerful tools in risk management for landlords is insurance. In this blog post, we…
DetailsRental property owners in Texas must adhere to various safety and security requirements outlined in the Property Code. In particular, Chapter 92 Subchapter D and F detail express requirements for ensuring the safety and well-being of tenants in rental homes. However, it’s crucial to note that this blog post is not an exhaustive list of…
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