7 Worst Mistakes Vacation Rental Owners Can Make
AREA Texas Realty & Management
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1y ago
In many situations, a vacation rental is a more cost-effective and accessible solution to staying in a hotel. However, holiday rental property owners may face substantial challenges in keeping a profitable rental property. Profitable vacation rentals require a solid business model, competitive pricing, and a consistent flow of guests.&nbs ..read more
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Why You Should Check Your Property Managers License
AREA Texas Realty & Management
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1y ago
You're about to hand over your keys to your trusted property manager, and you're ready to lay back and relax while the manager deals with your problems. Everything from finding tenants to collecting rent is taken care of - however, are they someone you can truly trust?Did you know someone can be an all-star property manager and st ..read more
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Can You Perform the Duties of a Property Manager Yourself?
AREA Texas Realty & Management
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1y ago
So you're a property owner trying to figure out if you can handle everything on your own or if you should outsource your property management tasks. Income from owning property should be passive income. You can spend your time earning in another way. Is that passive income from the property enough to get you by or keep you comfortable ..read more
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7 Things to Look for in A Rental Agreement
AREA Texas Realty & Management
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1y ago
One of the most common mistakes renters make is skimming over their rental agreement prior to signing it. While reviewing the fine print when signing an apartment lease can be intimidating, it is definitely worth the effort to know precisely what you're committing to.Knowing what questions to ask while signing the lease help ..read more
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Here’s What Landlord Insurance Covers
AREA Texas Realty & Management
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2y ago
Landlord insurance isn’t a luxury anymore; it is a necessity. And not just because it protects your rental unit from damage or misuse. Rental income isn’t always guaranteed, especially during extreme weather events when occupancy rates may be at all-time lows. Landlord insurance might cover the loss of rental income during the ..read more
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The 5 Challenges of Residential Property Management
AREA Texas Realty & Management
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2y ago
Property managers and landlords alike who look after residential properties have to deal with a wide range of problems, including tenant affairs, the flow of money, and property management. They might appear straightforward at a glance until you dig deeper. If life was only as simple as collecting the rent on time.Let’s take a curso ..read more
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Top 4 Things That Landlords Need to Consider for 2022
AREA Texas Realty & Management
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2y ago
The last two years may have held the economy hostage with mass layoffs, disrupted supply chains, and the real estate market's impending crash, things have changed for the better in 2022. Investors are no longer on their toes due to an unpredictable economy and many businesses, especially those operating in the service industry, have a ..read more
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Why do YOU need a Property Manager?
AREA Texas Realty & Management
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2y ago
If you invested in property for rental income, you might want to consider a property manager. You may not realize how time consuming effectively managing a property can be and could become overwhelmed in a short period of time, whether you are a first time investor or a veteran.Properties require long-term commitment and it doesn’t ..read more
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What Makes A Good Property Manager?
AREA Texas Realty & Management
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2y ago
Property management is an area of real estate that most agents shy away from. It lacks the thrill of working a sale contract to closing and requires a more consistent task oriented approach.  A property manager usually handles a portfolio of properties and many have unique circumstances that must be considered.  A property manag ..read more
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Organize Your Property Taxes Now
AREA Texas Realty & Management
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2y ago
Why Should You Organize Your Taxes Now? April 15, 2016 may seem far away and you can wait to organize the information you need for your income tax return. This may be true. In fact, you may even file an extension, which would mean you have even more time before you have to worry about this annoying detail.Right now, you are probably think ..read more
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