Advanced Property Management Article Topics
TEXAS RESIDENTIAL MARKET SURGING
TEXAS RESIDENTIAL MARKET SURGING The Real Estate Center at Texas A&M University reported this week that existing home sales across the state surged in February, reflecting a stronger market and an improving economy. “Better weather than February last year,” said Real Estate Center Research Economist Dr. Jim Gaines. “In some cases, the increased sales occurred within the lower-priced home market as [...]
RENTER’S MARKET IN ARLINGTON
RENTER'S MARKET IN ARLINGTON If you are thinking of purchasing a rental property in the near future in the Arlington area, now is definitely not a bad time. Arlington is fast becoming a renter’s market. As of the latest figures per Sperling’s BestPlaces, the vacancy rate here is only 5.49%, compared to the national average of 10.37%. Housing prices [...]
WHAT TO DO WHEN TENANTS GET BEHIND ON RENT
WHAT TO DO WHEN TENANTS GET BEHIND ON RENT Collecting rent is a significant part of your job as a landlord. But it can also be one of the toughest. What, for example, do you do when a tenant gets behind on rent? This can be an especially sticky situation if the tenant in question has gotten laid off or [...]
TEXAS HOUSING MARKET STEADILY IMPROVING
TEXAS HOUSING MARKET STEADILY IMPROVING The Texas Association of Realtors released its first quarter report on the Texas housing market this week. They found that the Texas real estate market had “gained positive momentum in the first quarter of 2012” and that the “volume of single-family home sales in Texas was 12% higher than the same quarter of 2011 [...]
INTERESTING TWIST ON “ADVERSE POSSESSION”
INTERESTING TWIST ON "ADVERSE POSSESSION" In another twist on “adverse possession,” a Woodlake Drive man, Chris Attig, filed such a claim on an abandoned property beside his home in order to protect his own property and the property value of the neighborhood. Attig decided he needed to take action last August after a break-in at the property, which has [...]
RENTER’S RIGHTS: A PRIMER FOR WOULD-BE LANDLORDS
Renter's Rights in home leasing in Texas. As a service, we are publishing here the information page from the Texas Attorney General on renter’s rights. The thought that property management is an easy task that can be undertaken by anyone on a part-time casual basis is permanently dispelled by the following. It is a heavy responsibility being a landlord [...]