Rentals in Houston, TX: Importance of a Tenant Criminal Background Check

By Michael Mengden Thursday, December 21, 2023

There have been over 83,000 eviction filings in Houston during the past year.No landlord invests in a rental property to have to evict their tenants. Unfortunately, bad tenants are out there and these kinds of measures need to be taken in order to deal with them. Fortunately, the...

3 Tips for Conducting a Rental Analysis in Houston, TX

By Michael Mengden Thursday, December 7, 2023

The fluctuating rental market can be hard enough to understand even without the competitive nature of Houston in the mix. Trying to work out the leasing landscape can be as dynamic and diverse as the city itself. So, how can you ensure you conduct a Houston real estate market ana...

3 Signs of a Quality Property Management Company

By Michael Mengden Tuesday, November 21, 2023

It's hard to believe that there are around 28,200 property managers throughout Texas.Hiring a property manager is all about finding the right fit. A quality property management company can make a significant difference in your investment's success.How can you sort through...

What Landlords Need to Know About Pets vs Assistance Animals

By Michael Mengden Tuesday, November 7, 2023

Dealing with service animals on your property is inevitable because a whopping 500,000 Americans have them.For landlords, balancing tenant rights and property protection can be a tricky task. One area where this balance often comes into question is dealing with pets and assistanc...

Winter is Coming 2023 Newsletter for Real Estate Investors

By Michael Mengden Wednesday, November 1, 2023

With how moody Houston weather can be, it is a bit difficult to know when "true" winter is coming to town. Most landlords or investors only think of professional property managers as people who get tenants, handle everyday maintenance and collect rent. You have never pr...

The Importance of Tenant Background Checks

By Michael Mengden Saturday, October 21, 2023

Are you a new landlord in Houston, Texas? Before you give your first tenant a set of keys, do a background check.Screening tenants will allow you to check their credit, criminal background, and rental history. If a potential resident has three evictions on their record, you'l...

The Benefits of Online Rent Collection in Houston, TX

By Michael Mengden Saturday, October 7, 2023

Every month, you have to go through the stressful process of collecting rent from your tenants. While most are good about it, others are more unpleasant, and it can feel like the world's most challenging task. It's enough for you to consider calling it quits.But don't...

How to Gracefully Navigate Lease Enforcement at Your Houston, TX Rental Properties

By Michael Mengden Sunday, September 24, 2023

It's astonishing that 58% of people who live in Houston are renters.Leasing out a rental property in Houston can lead to all kinds of phenomenal opportunities. There are lots of tricky hurdles as well, though.Managing your rental business requires understanding how to navigat...

Owner Disbursements: An Explainer for Rental Property Owners in Houston, TX

By Michael Mengden Sunday, September 10, 2023

Did you know that Texas is one of the most landlord-friendly states?There are a lot of opportunities in Houston and investing in real estate is a great way to build your wealth and monthly income.However, it's not a secret that being a landlord is hard even in states that sup...

Common Rental Property Accounting Mistakes to Avoid

By Michael Mengden Sunday, August 27, 2023

According to Yahoo! Finance, a financially savvy real estate investor knows the 2% rule. This means that the monthly rent of a rental property should be at least 2% of what you purchased it for to realize a positive cash flow.Maximizing the ROI on a real estate investment require...