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Wednesday, October 10, 2018

Should I Hire a Property Manager for My Rental Property?
Property Management Blog
Should I self-manage my investment property or hire a professional property manager to do it for me? This is quite possibly the most important decision a rental property owner has to make before placing a tenant. Here are four questions to ask yourself if you’re unsure which route is best for you.Do I have the time? As a landlord, y...

Wednesday, October 10, 2018

Should I Offer My Tenant A Longer Term Lease?
Property Management Blog
When you decide to purchase an investment property, you as the owner have a lot of decisions to make. One of the most important being how long of a lease term you should offer your tenant. 6, 9, 12, 15, or even 24-month leases are all available options, but which one is best? Choosing to offer a longer-term lease comes with its own set of...

Wednesday, October 10, 2018

Should I Rent My Investment Property Furnished?
Property Management Blog
A lot of property investors wonder if by furnishing their unit, they will generate more rental income. This blog covers three important considerations for investors weighing the option of renting their property furnished.More furnishings mean more liability. Put simply, if your renter gets hurt based on your furniture being faulty, you co...

Wednesday, October 10, 2018

Should I Use a Home Warranty Company for my Rental Property?
Property Management Blog
They use cheap labor. Plain and simple, home warranty companies hire cheap labor to do repairs. Why? Because they charge your upfront. The model is set against you because they have no real reason to hire high-quality repairs vendors to maintain your property. Offering top-notch work isn’t advantageous to the home warranty company&r...

Wednesday, October 10, 2018

Should You Own Your Rental Property in an LLC?
Property Management Blog
Real estate investors are faced with a host of important decisions on how they will own and operate their rental properties. Perhaps the most critical decision being how they should actually own the property. Should they hold it individually or set up some type of ownership entity such as a corporation or LLC? In this post, we will provid...

Wednesday, October 10, 2018

The 4 Most Common Mistakes Landlords Make When Hiring a Property Management Firm
Property Management Blog
Hiring a property manager takes a lot of trust. You are handing them the key to what is probably your biggest investment, so it’s important to take time on the front end to vet them and identify the best one for you. Below are solutions to the four most common mistakes landlords make when it comes time to ire a property manager.1. A...

Wednesday, October 10, 2018

The Top 6 Tax Deductions for Landlords
Property Management Blog
Landlords and real estate investors are eligible for several great tax advantages offered by the IRS, however oftentimes we talk to investment property owners who are unaware of some of the benefits available to them. In this post, we will cover the top 6 tax deductions for landlords to claim come tax season.6. Repairs Any repair you make...

Wednesday, October 10, 2018

Top 4 Lease Agreement Clauses
Property Management Blog
Whether you self-manage your rental property portfolio or rely on a third-party property manager to take on the task for you, there are a few critical clauses that should be included in your lease agreements. Below we detail what we’ve deemed the top five clauses that should be written into your leases to ensure your own protection ...

Wednesday, October 10, 2018

What Can I Charge to My Tenants Security Deposit?
Property Management Blog
If you own Texas rental property, its imperative that you make yourself aware of the rules and regulations surrounding security deposits. When a tenant vacates your property, properly processing the return of a security deposit can be a complicated process. What are the timelines you must abide by? How much can you deduct for a particular...

Wednesday, October 10, 2018

What Kind of Insurance Do I Need on My Rental Property?
Property Management Blog
As a rental property owner, it’s imperative you have proper insurance in place to protect you and your assets. The two types of insurance coverage you need are a Landlord’s Policy and an Umbrella Policy. This blog gives a brief overview of the provided coverage in each and explains why they’re vital for landlords to have...

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