Knowing how to choose the right property management company is as important as knowing what to look for in the right partner. How to find the right company is all about where to look. Knowing what your property management company should do for you is the other critical part of the process. Here’s what you should look for in […]
Know Your Property Management Tax Deductions
Your rental properties are a business. As a landlord, you’ll owe taxes on your Uptown Dallas investment properties. A profitable business requires you to minimize expenses to maximize your bottom line. From making affordable upgrades (rather than extravagant upgrades) to keeping tenants in your properties, you want to keep as much of your hard-earned cash as you can. […]
When Should a Landlord Start Using a Property Management Company?
Property management companies can be a colossal resource for your business,, however they don’t come shoddy. Also, there are different reasons why you probably won’t need or need one. Precisely survey the components talked about beneath to decide whether contracting a property administration organization is the correct move for your business. What Does a Property Management […]
Is a Month to Month Lease Better for Landlords?
For a few landlords, keeping units involved starting with a month to month then onto the next and dodging startling opportunities is a noteworthy wellspring of stress. Most proprietors depend on term leases to keep tenants set up for a set timeframe; however would you and your inhabitants advantage from an elective course of action? […]
How To Screen Your Tenants Effectively
Tenant screening is an essential piece of a hazard based way to deal with property administration. To keep up the most elevated guidelines and stay agreeable with all reasonable lodging laws, read on to find why building up a formal screening process and reliably tailing it will profit your property administration business and to potentially […]
How to Avoid Buying a Bad Investment Property
It’s in your price range, and you think you can make it work. Sure, it needs a few repairs. But you see the bigger picture for this property as a rental property. Maybe it’s your first investment property, and you don’t have a lot of money to spend—but you want to get started as a […]
How Landlords Can Set the Right Rental Rate
Landlords are in constant tension when it comes to setting rates. You want a competitive rate that will retain your excellent tenants and keep them renewing their leases; after all, you save money every time you don’t have to look for someone new. However, you don’t want to be the lowest rent in your comparable market, since […]
Is It Time to Raise the Rent? Here’s How
When it’s time to raise the rent on your rental property, make sure you proceed with caution. Raising the rent too much or too quickly can leave you with an empty property after you tenants leave in frustration. However, avoiding a rent increase that’s large enough to cover your expenses can cause you to lose money on […]
Use These Tips to Take Your Best Rental Listing Photos
The Value of Great Photographs If you’ve never been one to need professional photographs for anything, you may not realize just how different a poor-quality photo is from a truly well-taken shot. When generating photos for your rental listing, you aren’t just helping the client to understand what the rental looks like. You are helping […]
Spring Maintenance Tips for Texas Landlords
The winter months draw to a close. Winters in Texas are mild, and spring comes early, but don’t be fooled! Texas winters bring their own challenges to owning and maintaining a commercial or residential rental property. A thorough property inspection and seasonal maintenance is a vital element of your spring regimen. Spring is also the […]
