Essential Maintenance Tasks Every Conroe Landlord Should Perform
Residential Leasing & Management Corp. Blog
by residential
10M ago
Are you a Conroe landlord looking to maximize the value of your rental property? Here are some of the most essential maintenance tasks every landlord should perform and why. Why Is Regular Rental Property Maintenance Essential?    Regular rental property maintenance is essential because it keeps tenants safe and helps protect the long-term value of your investment.    Effective rental property maintenance will:   Help prevent costly repairs in the future Reduce tenant turnover rates Attract more qualified tenants to your rental property   What Are the Essential ..read more
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How to Become a Landlord in Conroe, TX
Residential Leasing & Management Corp. Blog
by residential
1y ago
Conroe, about 40 miles north of Houston, TX, is a growing area that was recently named 6th overall out of 100 American “boomtowns.”   So it’s easy to see why Conroe is also a hot spot for owning rental properties. Investors are getting great returns and you might be wondering how you can get in on the action.    Well, it’s a lot more than buying a property and then collecting rent.    To become a successful landlord, there are several other things you must do. These include determining the appropriate rental price, finding a qualified tenant, and overseeing the l ..read more
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How Much Can I Rent My House for in Katy, TX?
Residential Leasing & Management Corp. Blog
by residential
1y ago
If you’ve thought about renting out your house in Katy, TX, the first question you probably asked yourself is: How much can I rent my house for?    To start figuring that out there are several things you need to consider. This blog is going to explain what those are, and how they can affect how much you’ll be able to rent your house out for in Katy, TX.    What Affects the Rental Price for My Home? Factors that can affect how much you’re able to rent your house for can range from your home’s condition to what kind of doorbell you have.    The rent you’re able to ..read more
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How to Avoid Buying Flood-Prone Rental Property in Houston
Residential Leasing & Management Corp. Blog
by residential
1y ago
Houston is a metropolitan city with much to offer investors. It has a diverse population, great job opportunities, and many cultural attractions.  But, it also has a specific geography that can pose challenges for investing in rental properties. Namely, many parts of Houston are vulnerable to flooding and can be more risky investments.   Before you buy a rental property in Houston, it’s essential to assess the risk of flooding in the area. While some neighborhoods are more inclined to flooding than others, there are several steps you can take to determine if a property is at risk ..read more
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Using A Cash-Out Refinance to Buy Investment Property in Houston
Residential Leasing & Management Corp. Blog
by residential
1y ago
If you’re an investor interested in buying rental properties in Houston, you might be wondering if you can use a cash-out refinance from an existing mortgage to buy an investment property.  The answer is yes; a cash-out refinancing can be used to purchase investment properties. Using Cash Out Refinancing to Buy Houston Investment Properties   Houston property owners with sufficient equity in their real estate asset(s) are qualified to secure a home equity loan line of credit (HELOC) that includes a cash-out refi. There are two main benefits for rental property owners to cash out the ..read more
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7 Expert Tips on How to Find Good Tenants for Your Houston Rental Property
Residential Leasing & Management Corp. Blog
by residential
1y ago
One of the most frustrating situations Houston landlords experience is getting stuck with an unreliable and, dare we say, problematic tenant.    Whether you’re a new landlord or have spent a few years struggling to find good tenants, there may be some surprising reasons why. The Benefits of Good Tenants in Houston    When you consistently get good tenants for your Houston rental property, you can maximize your ROI, make fewer repairs, and feel secure about the condition of your property.    Plus, good tenants tend to always follow the lease, pay rent on time, and ..read more
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The Dangers of Unauthorized Occupants in Your Houston Rental Property
Residential Leasing & Management Corp. Blog
by residential
1y ago
As a landlord with rental property in Houston, you probably make routine inspections to ensure your property is well-maintained and your tenants are abiding by the lease. However, this time you notice an unauthorized occupant living there.   Should you be concerned about this unauthorized occupant?   How do you handle an unauthorized occupant in your Houston rental property?   Landlords discovering a new person living in their property who is not on the lease should be concerned as there are many dangers and risks that come along with this situation.   By the end of this a ..read more
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1031 Exchanges in Houston: What Investment Property Owners Need to Know
Residential Leasing & Management Corp. Blog
by residential
1y ago
A 1031 exchange allows Houston real estate investors to sell an investment property and buy a new property without paying capital gains taxes. These exchanges are named after 26 U.S.C. section 1031 of the U.S. Internal Revenue Code, which governs these transactions.   Although 1031 exchanges can be complex, they can also benefit investors. Are you thinking about selling an investment property in Houston? Here’s what you need to know about 1031 exchanges and how they help you save money on your taxes. What Is a 1031 Exchange?   As stated above, a 1031 exchange helps investors to defe ..read more
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Property Management Tips: How to Track Rental Property Maintenance and Repairs for Landlords in Willowbrook
Residential Leasing & Management Corp. Blog
by residential
1y ago
As a Willowbrook rental property owner in the Greater Houston area, you likely want to ensure that your property is well-maintained and performs optimally. Managing rental property maintenance and repair issues can be challenging for even the most experienced landlord. In the State of Texas, rental property owners and landlords must make repairs to their rental units in a timely manner including repairs to structural, electrical, or plumbing problems that could pose a health or safety hazard to tenants. In addition, landlords must provide tenants with written notice of any repair work that wi ..read more
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7 Metrics Cypress Rental Property Investors Should Know: How to Measure Success
Residential Leasing & Management Corp. Blog
by residential
1y ago
If you’re a rental property investor in the Cypress, TX, area, it’s important to track key metrics to measure your success. By monitoring these metrics, you can make informed decisions about your investments and ensure that you’re on the right path to profitability.   After all, the goal of any business is to make money, and whether you’re an intentional investor or an accidental landlord, your rental properties are no different. Rental property ownership, when done right, is a great way to build long-term wealth.    So, what metrics should you be tracking to monitor and improv ..read more
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