Being a landlord is a balancing act. You want to be understanding of your tenants' challenges. But you must ensure you're getting the return on your investment you expect.
Late rent payments can eat into that return. You may be tempted to look the other way if a tenant is late with a rent check....
Feb 4, 2021 8:00:00 AM
We hope it never happens, but smart North Texas rental property owners make plans to care for renters and protect their properties in case of a fire.
In 2019, the estimated...
A lot of property owners in the Plano area come to us when they need help finding a new renter for their rental property—especially if they've been struggling through an exceptionally long period of vacancy. While just about everyone who owns real estate investments has been on high alert since the...
Oct 1, 2020 7:45:00 AM
Often, property inspections seem like a hassle—but in reality, skipping one can be one of the costliest mistakes a property owner can make. While continuing to rent your Plano properties means long-term, ongoing income, keeping the properties in good shape is extremely important.
'Get into real estate and rent out your property,' they said. After all: the risks are low, and the profits are high! However, what happens when your renter deserts your rental? Plano property management companies and courts of law often manage disputes between investors and renters—and one of the...
With the U.S. economy in a downward trend, people everywhere are wondering what will happen next. As we face a recession, business owners and the self-employed are struggling to determine what steps to take. Unlike what many feared, this recession is not similar to those of the past: because of a...
As the economic world shifts due to the COVID-19 virus, many people are determining what their next move should be. The novel Coronavirus has created economic uncertainty that’s led some people to consider new strategies for making money! As such, we have recently had some considerable interest in...
Sometimes, even details that seem small can make a significant difference when maintaining tenant relationships. Anything property owners can do to make it easier for tenants to uphold their end of the lease can lead to renewals—especially when "business-as-usual" conditions aren't exactly "usual."...
Without a tenant, you have a lovely—yet empty—investment property to show off to your friends, family, and perhaps some tourists. You could charge money for tickets to view your pristine property—but you won't make much money on your North Texas investment that way unless your property happens to...
If you're interested in investing in real estate and developing a portfolio of income properties, you probably have a lot of questions. Buying properties to rent can be a great long-term investment (as opposed to buying them to flip, which is more about short-term gain). However, there are also a...
