Repairs are a fact of life when you own rental properties. A dishwasher quits working. An electrical outlet shorts out. A sink or tub backs up. But those are relatively minor issues with relatively simple solutions. There are three big areas, though, where you want to avoid repairs at all costs: Roof Foundation HVAC Roof,
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No one wants an April surprise when they file their taxes, discovering that they owe a lot more than they expected (and a lot more than they are able to pay). This is especially true for real estate investors, who are often making large investments and closing big transactions with tax implications. How can you
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As 2018 turns into 2019, it’s the ideal time for property owners and landlords to think about their portfolios and what they hope to accomplish in the New Year. Perhaps you want to add new properties to your portfolio. Maybe you want to improve your existing properties in order to increase rents. Or it could
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Have you been coming oh-so-close to achieving the cash flow you want out of a rental property — only to fall a little bit short each month? It’s a common problem for real estate investors to face, but, luckily, there are a number of possible solutions you can try. When you’re looking for ways to
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Real estate is a great investment vehicle for your money. But what type of real estate offers the greatest opportunity? Most investors choose from between 2 different categories: 1) single-family properties (like standalone homes), or 2) multi-family properties (like apartment buildings). Both property types offer unique advantages and disadvantages, but, when you’re looking to put
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Vacancy is a four-letter word in real estate investment. You always have long-term prospects for a significant return upon resale, but it’s often monthly cash flow in the short-term that makes a deal click. Unfortunately, vacancy means there is no cash flow. You’re paying principal, interest, taxes and insurance as well as a maintenance and
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Interested in real estate investment? Many choose to buy an investment property because real estate lets your money grow with limited risk. But, if you’re a first-timer, you’re likely wondering what to look for in an investment property. It’s never a good idea to buy a home and hope for the best. To help you
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The tenant-landlord relationship is one of the most complex aspects of owning investment properties. If you are able to develop positive relationships, real estate investing will feel manageable and rewarding. But, if you develop negative relationships, you may find yourself wondering if real estate investing is worth the headache. Keeping tenants happy doesn’t have to
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In the Dallas-Fort Worth area, summer turns to winter with very little time for fall in between. As the owner of an investment property in the area, you need to take advantage of this time to take care of important maintenance and repair tasks. What types of maintenance and repair tasks need to be addressed
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The landlord-tenant relationship is one that can be positive or one that can be fraught with conflict and disagreement. What’s the different between the two? In many cases, the difference is having a comprehensive lease that covers the right things vs. having an ambiguous lease that is open for interpretation. Many new real estate investors
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