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­Many homes we manage were previously occupied by the owners. Maybe you lived there five years or twenty. Perhaps it’s where you raised your children that are now grown and have moved out. The house may have been the backdrop for a lot of memories, but once you move and turn it into a rental,…

 Moving Into a Community with an Association Moving into a condo building or community with a homeowner’s association generally comes with additional fees and requirements. Every association is different, and some may have rules and paperwork, but these are the most common documents and requirements that you will see at most associations. Fees Associations charge…

Common Community and City Rules and Regulations Many tenants and owners are unaware that the cities or homeowners’ associations they live in or looking to move to have rules. The rules usually have to do with exterior aesthetics, maintenance, pets, parking, and how people can use spaces outside of their homes. When homeowners or tenants…

 Things Landlords Should Be Doing Every Year – But Probably Aren’t Often considered a safer investment option, property investment can be a rewarding way to grow your financial portfolio. But property investment is not a “set it and forget it” endeavor. Unless you have hired a property management company to oversee your investment, you better…

Are You Getting All the Tax Deductions for Your Rental Property? Owning rental property is popular for many reasons, including the number of tax exemptions available. Every year, real estate investors shortchange themselves on their tax returns because they do not claim their rightful tax exemptions. This blog outlines several deductions available to you. Keep…

What You Should Know About Renter’s Insurance Many (if not all) landlords carry property insurance, which helps cover the cost of damage or loss should something catastrophic happen. Homeowner’s insurance is a necessity (if not a requirement) for all landlords to carry.  But what if you’re a tenant and not a landlord? What then? First,…

4 Things to Do If You Have Problem Tenants Are you managing problematic tenants or refuse to honor their lease terms? Most property owners try to work with tenants who show good faith and effort. But property owners need to have a plan of action for those tenants who fail to cooperate with others and…

Consider These Risks Before Renting to Family or Friends! New investment property owners often must learn things the hard way. One common mistake is deciding to rent your property to friends or family members. Finding the right tenant seems like a daunting task, and some property owners try to cut costs by vetting tenants themselves…

How Foundation Issues Affect Properties in Texas Texas is benefiting from a real estate boom, and cities throughout the Lone Star State are more desirable and popular than ever before. There are many redeeming qualities about homes in Texas. Responsible, in part, for the increase in interest.  There is also a higher risk of foundation…

 Five Advantages of Owning Investment Properties Investing money is a great way to start building that desirable “nest egg” for retirement. There are numerous ways to invest your money. While it completely depends on your personal goals and needs, experts agree that one of the best long-term investments in real estate. Why is this? Well,…