Owning a multifamily property is a great investment that can provide income that is not quite passive yet does not require full-time hours. Being a landlord in Dallas, Texas, however, comes with several responsibilities. Before you invest in a property—or if you already have—keep this list of landlord duties close at hand. 1. Adhering to […]
Landlords and tenants enter lease agreements with the intention that tenants will stay until the end of the contract. However, in some cases, leases are broken due to unexpected life events or from one party being unaware of all the lease terms. Lease agreements bind the renter with the responsibility of paying a fixed amount […]
When you’re investing in a property, maintaining it is has to be one of the main priorities on your list. Your lease will likely cover the terms for repairs with your renter but preventing as many of those repairs in the first place is the best way to safeguard your property and keep your renters happy. […]
Many residential leases and rental agreements require a security deposit in Dallas, Texas. This deposit should cover damage beyond normal wear and tear. In most cases, the deposit amount to a month’s rent. The Texas landlord-tenant laws ascertain security deposit rights for both sides. Whenever you handle a tenant’s security deposit, you need to comply […]
As a landlord who owns a rental property in Dallas, you need to be aware of the Fair Housing Act. Violation of this act can result in large fines. The Fair Housing Act is an egalitarian law that provides an equal opportunity for everyone to be a buyer, seller, lender, and renter. The Fair Housing […]
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