Rental 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…
DetailsWhen it comes to owning single-family rental properties, there are various ways to structure ownership. Property owners have choices, including holding properties in their individual names, establishing LLCs, corporations, or partnerships. While many owners initially purchase rental homes with their names on the title due to lender requirements, it’s a common practice to retitle the…
DetailsIf you’re a landlord in Texas looking to hire a property manager, one of your top concerns is likely to be the cost of their services. Property management fees can vary widely, and it’s essential to understand what you’re paying for and how much it will cost you in the long run. In Texas, single-family…
DetailsWhen it comes to renting residential properties in Texas, landlords and tenants enjoy a significant degree of freedom to contract. This means they can use whichever lease form they prefer, as long as it complies with the law. However, the most common residential lease used for single-family rentals in the Lone Star State is the…
DetailsIn the realm of real estate investing, many so-called experts and coaches tout single-family rentals as the golden ticket to wealth. They paint a picture of passive income, highlight the numerous tax advantages, and emphasize the potential for equity appreciation. These experts often charge hefty fees for their coaching and seminars, promising financial freedom through…
DetailsIn the realm of property management in Texas, the handling of security deposits is not just a matter of good business practice; it’s a legal obligation that comes with strict guidelines. Failure to adhere to these regulations can lead to severe penalties for landlords. In this guide, we will walk you through the essential aspects…
DetailsIn the challenging landscape of a tenant-favorable rental market, landlords face the daunting task of sifting through applicants to find tenants who will not only take care of their rental properties but also pay rent reliably. While it may seem like a Herculean feat, there are specific criteria that can help landlords make informed decisions…
DetailsMany homeowners are turning over the care and management of the largest investment in their portfolio to their property manager. With so much at stake, it is critical that a property owner make an informed decision when selecting a Texas management company. Below are some of the key questions every homeowner should be asking their…
DetailsProperties valued at hundreds of thousands of dollars being sold at pennies on the dollar to an awaiting and eager crowd. It sounds like a great opportunity, but without experience and knowledge, investments such as this could have potentially undesirable outcomes. Protect yourself by understanding the following.
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