Advanced Property Management Article Topics
PRICING YOUR RENTAL FOR MAXIMUM PROFIT
The house money in human hands PRICING YOUR RENTAL FOR MAXIMUM PROFIT Getting the best price for a rental property may seem easy to do. But the minute you begin looking more closely, it becomes clear that there’s more to rental pricing than meets the eye. First impressions matter When renters evaluate a rental property, they are [...]
RAISING RENT
RAISING RENT If you haven’t raised your rent in the last few years, consider this: according to the Bureau of Labor and Statistics, the rent index is currently rising at an annualized rate of 3.6%. So you’re probably overdue for an increase. At the same time, you may worry that by increasing your rates, you’ll lose good tenants. It [...]
HOW TO POLITELY RAISE THE RENT
HOW TO POLITELY RAISE THE RENT Raising rent is not easy to do. In fact, it can be almost as difficult as asking for a raise from your boss. But strategies do exist that can help you move beyond the angst. The first thing you need to know is that you do not need to explain why you are [...]
TOP 3 HOME OWNERS ASSOCIATION LAWS TEXAS LANDLORDS SHOULD KNOW ABOUT
TOP 3 HOME OWNERS ASSOCIATION LAWS TEXAS LANDLORDS SHOULD KNOW ABOUT If you’re a Texas landlord who rents out property that’s part of a home owner association, it’s wise to familiarize yourself with the state laws that affect Home Owners Associations. It’s yet another task on the never-ending landlord do-list. But knowledge is power, especially when it comes to [...]
REMOTE LANDLORD PROPERTY MANAGEMENT
Family home in a north American suburb. REMOTE LANDLORD PROPERTY MANAGEMENT Do you own investment property in North Texas and live outside that area – or even in another state? It’s a challenge for sure! But sometimes that challenge can be overwhelming, even for the most organized individuals. Following are four tips to help you succeed as [...]
Evicting Deadbeat Tenants
Evicting Deadbeat Tenants Most tenants will maintain your rental property to a reasonable degree, follow the rules outlined in their lease and pay their rent on time each month. Deadbeats, though, won’t. When faced with uncooperative renters, eviction may be your best, and only, option. Gather evidence If your tenant is responsible for any property damage, take photos. Also [...]