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 landlord-tenant laws, a tenant's rights include: A clean, safe, and habitable environment. Be treated fairly by their landlo…
Continue Reading...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…
Continue Reading...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…
Continue Reading...How to Stage Your Home for Sale
Prior to listing your house for sale, consider a surefire way to sell your house: expert home staging. Some positive aspects of home staging include fewer days on the market and more offers. And you should certainly try professional home staging if you need a quick home sale. Staging your home in Midland is all about marketing a lifestyle. You want buyers to picture themselves living and lounging in your home. You want them to see your current house as their next home. Preparing your home for an Open House shouldn't be thought of as a nerve-rac…
Continue Reading...Home Hasn't Sold Yet? Lease It!
You are being transferred away from Midland. Or you have found the home of your dreams. But your original home hasn’t sold yet. You don’t want to sell it at a discount, but you don’t enjoy making two mortgage payments, either…. Have you considered the tax advantages and the positive cash flow that you can enjoy if you rent that home instead of selling? If your property is carefully managed, you can prosper in any market. We started in property management in 1986, at the bottom of a bust much worse than this one. When you learn and grow during t…
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