How to Rent Out Your House in Midland, TX
Owning rental properties can come with many benefits, like getting a new cash source every month from rental income and being able to grow the value of your property over time. However, becoming a landlord is not exactly a walk in the park. Listing and advertising your rental, collecting income from rentals, managing repairs, managing security deposits, dealing with tenants, and working with the rental market are just some of the many things landlords have to take care of every day. Additionally, to be a successful landlord, you must ensure yo…
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Texas Fair Housing Act: An Overview
The Fair Housing Act prohibits housing discrimination based on race, color, national origin, religion, sex, familial status, or disability when persons are looking for housing. Most states also have their own fair housing laws in place. The law was designed to protect persons with particular protected characteristics from illegal discrimination during the sale or rental of a dwelling or when seeking housing assistance, other financial assistance, or discrimination during other housing related activities. It is essential for property owners, ho…
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Reasons to Invest in Midland Real Estate
Are you looking to invest in Midland County real estate? Real estate investments can be a great way to build wealth over time. It allows for steady cash flow from monthly rental income and often comes with the added benefit of property appreciation rates. This means that if you purchase your property at a lower price, you may be able to sell it at a higher price in the future. Historical data shows there are tax benefits as well. Midland, Texas, is an ideal location for investing in real estate. Located on the edge of the western plains and in…
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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
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 a landlord would need to know about how and when their tenant could legally and illegally break their lease. Defining a Lease Agreement in Texas A lease is a legally binding document between a landlord and a tenant. It lays out …
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