Archive for February 2023

Best Practices For Rent Collection and Arrears Management   Effective rent collection and arrears management are crucial components of successful property management. Here are some best practices for achieving these goals: Establish clear rent payment policies: Property managers should establish clear and consistent policies, including due dates, late fees, and acceptable forms of payment. Automate…

Expenses Landlords Can Charge Tenants For When They Move   When a tenant moves out of a rental property, a landlord may charge the tenant for various expenses related to the move-out process. However, landlords must understand the rules and regulations surrounding move-out charges, as not all charges are allowed in every state. Some of…

What Should You Do After A Tenant Moves Out?   When a tenant moves out of a rental property, several steps need to be taken to ensure a smooth transition and protect the landlord’s interests. These steps include: Conduct a move-out inspection: Before the tenant leaves, the landlord or Houston property manager should conduct a…

What Rights Do Landlords have?   Landlord rights vary by jurisdiction, but in general, landlords have the following rights: Right to Collect Rent: Landlords have the right to collect rent from their tenants per the terms of the lease agreement. Right to Evict Tenants: If a tenant breaches the lease agreement, landlords have the right…

7-Profitable Ways Landlords Can Benefit From Real Estate Software   Here are 7 profitable ways landlords can benefit from using real estate software: Streamlined Rent Collection: Automated rent collection helps landlords to receive payments more quickly and securely, reducing the risk of lost or late payments. Efficient Property Management: Real estate software can automate many…

Why Rental Properties Are Still A Good Investment When Interest Rates Rise   Rental properties can still be a good investment even when interest rates rise for the following reasons: Potential for Long-Term Appreciation: Real estate is often viewed as a long-term investment, and rental properties can appreciate over time, potentially offsetting any negative effects…