The Pros and Cons of Allowing Pets in a Rental Property in Houston, TX
By Michael Mengden Sunday, August 13, 2023
If you are one of the 11 million individual investor landlords in the U.S., you have a significant issue on your hand. You must decide whether or not to allow pets in a rental property.In recent decades, property owners have had the headache of drafting a pet rental policy. You s...
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Around 40 percent of Houston households were renters in 2021. While that can be good news for the landlord business, it can be troublesome when inflation rates rise. Fewer and fewer people can afford their rent.If you're a landlord you should be prepared whether you're in...
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What to Know Before Allowing Pets in a Rental Property
By Michael Mengden Sunday, July 16, 2023
There has been a 29% increase in cats in homes since last year, but people are adopting other furry animals, such as dogs. For a landlord, this rise in pets can be problematic if you want to advertise a home to a wide range of people. So, is allowing pets in a rental property a g...
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3 Tips for Creating an Effective Property Marketing Plan
By Michael Mengden Tuesday, June 20, 2023
Outbound leads (through cold calling and other traditional strategies) cost 39% more than inbound leads. With a strong property marketing strategy, you can reach your audience to grow your business. If you're not marketing your property, however, you could miss out on potenti...
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Importance of Tenant Screening in Houston for Property Managers
By Michael Mengden Tuesday, June 6, 2023
The number of monthly evictions in Houston is far above the pre-pandemic average. Evictions can be a real pain, and no one (tenant or landlord) wants to deal with them. They're somewhat unavoidable, but there is one way to protect yourself against them.Tenant screening may be...
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The cost of a security deposit for a rental can range from state to state. Some states limit the amount to one or two months of rent. Others leave the fee amount up to the landlord's discretion.Collecting security deposits before you have a tenant move into a property seems l...
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Support Animals vs. Pets: What Landlords Should Know
By Michael Mengden Tuesday, May 9, 2023
More than 32% of pet owners have had their furry friend registered as an emotional support animal. These animals provide their owners with relief and comfort from symptoms they experience from their emotional disabilities. Any species can be considered an emotional support animal...
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Were you aware that the median gross rent in Texas is almost $1,150 a month?If you have a good number of tenants, then this amount can add up to quite a pretty penny. The problem occurs if you encounter one or more tenants who don't pay their rent on time, if at all. At that ...
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A Quick Guide to Texas Real Estate Investing for Beginners
By Michael Mengden Tuesday, April 4, 2023
Did you know that Texas's single-family starts value is worth $2.2 billion? Real estate includes more than just single-family homes, but how can you invest in real estate? Real estate investing takes knowledge, research, and an acceptance of risk.If you're interested in T...
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Townhome Property Management: The Benefits of Choosing the Right Team
By Michael Mengden Tuesday, March 21, 2023
Less than 5% of the homes in the Houston, TX, area used to be townhomes. But over the last 15 to 20 years, about 10% of all the new homes built in Houston have been townhomes. This has led to a big spike in the number of townhomes in Houston.Do you own one or more townhomes in Ho...
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