Top Tips When Buying Investment Property in Midland

Top Tips When Buying Investment Property in Midland

Although investing in real estate is one of the most common ways to generate income and long-term wealth, real estate can be challenging to manage. There are many things to think about and a lot of resources are at stake. With all this in mind, Midland, Texas has a lot to offer for investors seeking a great location for investment. Midland’s expanding economy, vibrant nightlife, and many job opportunities in a wide range of professions are all great reasons to invest in Midland. Additionally, local living expenses are lower than the national …

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Breaking a Lease in Midland, TX - Know the Laws

Breaking a Lease in Midland, TX - Know the Laws

As a Texas landlord, you’re bound by the rules and regulations under Chapter 92 of Texas Property Codes. Among them are those regarding a tenant’s rights and obligations when it comes to breaking the previously agreed upon lease. In today’s article, we at McCourt Real Estate Property Management will go over everything you need to know about how and when your tenant could legally and illegally break their lease early. Defining a Lease Agreement in Texas A lease agreement is a legally binding document between a landlord and a tenant. It lays ou…

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A Guide to the Eviction Process in Midland, Texas

A Guide to the Eviction Process in Midland, Texas

As a landlord in Texas, you never want to be in a situation where you need to evict a tenant from your rental unit. But sometimes it is necessary. So, to evict a tenant legally, you must be familiar with the Texas eviction laws. As if you don’t - you could be held liable. Just like many other states, the Texas landlord-tenant laws are unique to this state, and this includes the eviction laws. But these regulations may seem confusing or overwhelming if you’re unfamiliar - which we understand. That’s why we at McCourt Real Estate have put togeth…

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Texas Security Deposit Laws

Texas Security Deposit Laws

Most landlords in Texas require their tenants to pay a security deposit. The security deposit is intended to ensure the fulfillment of the lease. It helps provide a layer of financial protection in case a tenant fails to abide by the terms of the agreement. A good example of this is when a tenant causes damage exceeding normal wear and tear. But there are a set of security deposit rules that you, as a Texas landlord, must abide by. These security deposit laws are primarily regulated under TX Prop § 92.102 and the Texas landlord-tenant laws. B…

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Texas Rental Laws - An Overview of Landlord Tenant Rights in Texas

Texas Rental Laws - An Overview of Landlord Tenant Rights in Texas

All US states, including Texas, have landlord-tenant laws in place. It can be difficult for landlords, especially those who are new to the business or unfamiliar with local legislation or federal laws, to navigate these legal waters alone. Our comprehensive guide to Texas landlord tenant law can help you understand your rights and responsibilities as a landlord. Texas Tenant Rights and Responsibilities According to Texas laws, a tenant's rights include: A clean, safe, and habitable environment. Be treated fairly by their landlord without discr…

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