Top Seven Signs of a Troubled Property

Do you know the visual indications that a property is in trouble? There are many visual indications that a property is in trouble. Some of the surface signs are immediately apparent. Allowing these situations to continue is expensive for you and discourages good residents from renting at your property. Good management can and will correct these issues. 1. Turnover is high. This causes you to lose money in streams. Solid, qualified residents simply do not move that often. If your turnover is high, there is a problem which should be found and fix…

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Should I Do a Month-To-Month Lease?

At McCourt Real Estate & Property Management, we generally do not recommend month-to-month leasing as a standard practice. When we do allow temporary month-to-month arrangements, it is usually because we believe the timing or flexibility will ultimately benefit the owner strategically — whether by positioning the property for a stronger spring leasing season, accommodating an upcoming sale or renovation, or helping avoid a vacancy during a slower market period. In other words, month-to-month leasing is not something we approach casually. We…

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The 2026 Midland Rental Market: High Inventory, Oil Trends, and Investor Strategy

Greetings From McCourt Real Estate & Property Management, I want to give you a comprehensive update on current market conditions; what we are seeing, why it is happening, and what could cause it to change. If you are short on time, feel free to just check the highlights. Where We Are Today At present, February 24, 2026, there are 153 homes available for lease in our market. Last year at this time, there were only 76. Rental inventory has essentially doubled, which naturally creates more competition and longer marketing times. Home sales hav…

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A Note from Caren

We are a turnkey company.  We help determine the price, get the house ready, market the house, show it, lease it, execute the lease, interface with the resident, handle any maintenance items, etc.  Our niche market residents are WELL qualified to own a home, but do not choose to purchase currently because of various personal reasons.  We run a Nationwide Credit, Criminal and Eviction report, and they don’t move into anything I manage unless I can tell that they have a long history of honoring their obligations.  In addition, I use a strong leas…

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Leasing Your Investment Property

Vacant homes must be leased, as quickly as possible. Skillful leasing results in fewer dollars of lost rent and increased income for you. Although the market is growing hot for rental property in Midland TX, that hasn't always been the case. But if your investment choices are sound, and your property is carefully managed, you can prosper in any market. Caren started in property management in 1986, at the bottom of the bust. When you learn and grow during the lean times, the good times are a bonus, but not necessary. A property management profes…

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