Having a successful viewing—whether it’s physical or virtual—can make the difference between having an occupied unit and having a vacant one. It should be noted, however, that physical showings have become less and less popular due to the Covid-19 pandemic. Most people now prefer to view houses virtually on the various platforms available. Thanks to […]
Renovating your rental property is a great way to boost its appeal, especially when done using valued contractors. Done well, it can help you realize two important things. One, it can help lower your vacancy rates, and low vacancy rates can only mean one thing – more profits for you! Two, good renovations can help […]
While having a great property with good facilities in an envious location plays a huge part in the success of your rental property, one cannot ignore the advantages of a good landlord in a building. Often, most landlords forget and just view their tenants as currency which sometimes becomes a problem in their relationship. Regardless […]
Finding a reliable and responsible tenant can be anything but easy, especially if you are just getting started as a landlord. But every day your rental sits vacant means you’re losing money. So, you should do everything possible to ensure your rental vacancy is filled. And that’s where incentives come in! You may have difficulty […]
While marketing your rental property has never been easier, with the aid of technology and connectivity, it still presents a few challenges for new landlords. If you know how to wield your marketing strategy, then you’ll succeed by drawing more interested prospects. The goal of this article is to help you design a property listing […]
Many states have laws in place that require landlords to serve their tenants with a 3-Day Notice to Quit. The state of Texas is no exception regarding any rental unit or rental property. Serving a 3-Day Notice to Quit gives the tenant two options: pay the rent that’s due or move out. If they don’t […]
Even if you want to sell your real estate asset, the timing remains dependent on the performance of the economy. If it’s advantageous to wait a few more years, you can generate income on your vacant Dallas-Fort Worth home by renting it out. Before pushing through with your plan of becoming a landlord, you need […]
The Covid-19 Pandemic has hit everyone very hard and forced us all to adjust and adapt. This is especially true for renters and landlords who have both seen declines in income. Sadly, many people lost their jobs since the start of the pandemic making it hard for them to keep up with monthly bills and […]
A “1031 exchange” is a nickname used to discuss Section 1031 of the U.S. Internal Revenue Service’s tax code. To many real estate investors, it’s an incredibly useful tool, especially when trying to leverage their rental properties. Basically, it can allow an investor to save up to 30% in combined state and federal taxes. A […]
A lease agreement is a legally binding contractual agreement between a landlord and a tenant. Basically, it sets out the terms and conditions of the agreement. This can include conditions such as the rights and responsibilities of each party in addition to the rent and security deposit amount. Both parties must adhere to all terms […]