Investing in real estate can be a smart financial move, but finding the right location is key to success. With so many options, it can take time to determine which market will offer the best returns. If you’re looking for a city that’s on the rise, with a...
Are you wondering where the best areas to invest in real estate are in McAllen, Texas? McAllen is a lively city in the southern region of Hidalgo County. Situated in South Texas, it forms a part of a mid-sized border city complex along the Rio Grande and the Mexican...
Investors looking for a new and vibrant market that can offer a great return on investment should consider McAllen. McAllen, Texas is enjoying increased interest from both investors and homebuyers leading to a vibrant rental market and an appreciation in property...
If you own a Texas rental property, you should know the laws related to residents breaking a lease early, meaning before the lease expires. This article will discuss justified and unjustified reasons for breaking a lease early. As a landlord, it’s crucial to know the...
The Texas eviction process can be an emotionally and financially draining experience for both landlords and tenants alike. In Texas, the laws surrounding evictions are complex, and if those involved in the process aren’t aware of the legal requirements, it can quickly...
If you’re a landlord, you know that collecting a security deposit from your tenants offers a wide variety of benefits for you and your rental property. The following are just some of the costs that a security deposit can cover: Unpaid utility bills: During the...
Like many states, Texas has a set landlord tenant law that both parties involved must adhere to during the lease term. As a rental property owner, you are to follow certain landlord responsibilities. It is imperative to be familiar with both the state and federal laws...
Successful rental owners follow these guidelines to ensure the success of their rental, and maximize their owning experience. 1. Treat your rental property like a business… because it is a business! 2. Have a financial reserve set aside for the “unexpected.” Placing...
Looking for a way to build your wealth through investments without playing the stock market? If so, investing in real estate is the best way to go. Take it from a group of millionaires who made their fortunes this way—property is one of the most stable forms of equity...
There are many exciting and interesting things to learn about being a landlord. But, one of the most often overlooked topics is rental property tax deductions! As a new or experienced landlord, you need to take the time to become a master of your taxes to ensure...
The COVID-19 crisis has left millions of Americans in a tight financial spot. Many have been furloughed, laid off, or had to close their businesses. Others are saddled with medical bills from hospital stays or are dealing with grief from losing a loved one to the...
The COVID-19 pandemic has put over 40 million people out of work in the US–a full quarter of the labor force. While there are no reliable estimates as to how many of these people are renters, we do know that nearly 50 million people in the US rent their homes. ...
Having a house or any other assets to rent in McAllen is no easy task. Initially, the going may be smooth and rewarding, but as usual, landlords run into headwinds. It is time-consuming, demanding and plain exhausting. If such is the case, it’s a sign you need a...
Did you know that there are over 48.5 million rental units in the US? While there aren’t many accurate statistics on how many landlords there are, suffice it to say that that million rental units means that there are quite a few landlords across the US. If you...
Are you a new property owner looking to rent out your private unit? Maybe you’ve been a landlord over several multi-unit complexes for some time, and while this industry is nothing new to you, you’d like to optimize the way you manage your property. No matter where...
No matter how thorough and particular you are with the screening and selection process, the chances are that if you rent out property long enough in Mission, Texas, or anywhere else, you’ll eventually encounter a problem tenant. Difficult renters are a fact of doing...
Everyone knows it’s important to put money into savings, but that can be hard to do when it seems your paycheck is gone as soon as it comes. If you’re tired of spending all of your money on monthly expenses, there are a few things you can do without resorting to...
Is it time to upgrade your rental properties? It can be hard to know exactly where your money would best be spent. You want to choose the right upgrades that will make the greatest impact without spending a ton of money. Upgrades also help to create a great draw to...
Move-out inspections are an important responsibility for landlords and property managers to perform. Some states require a move out inspection, but even if your state doesn’t, many find it worth it to take the time to do so. Here are a few basics that will help you...
One of the best times to clean your rental property is during the spring. This can be difficult when you have a tenant living on the property but, even if this is the case, there are several things you should check off your list to protect your investment and improve...
Vacancies ultimately result in financial issues. Not only do they result in the loss of a monthly rent payment, but they still require you to pay all of the relevant expenses with owning property. Taking the steps to reduce vacancies or fill them quickly can go a long...
Learning about the property management predictions for 2020 will help to improve your operations and streamline your processes. In the property management business, it is important to remain competitive and this can be done by implementing these trends in the early...
Maintenance is important for any building, but it can fall low on the to-do list for landlords when it comes to maintaining a rental property. Following the proper steps to maintain rental property can ensure that it maintains its appeal and is attractive for tenants....
When you want to increase the value of your home, there are some things to consider. Ultimately, it’s a balance between how much you should spend and what value that expense will bring to the property. The right upgrades can help you, whether you’re trying to create...
What if your tenant is not paying rent on time? If this is what you’re going through, I feel your pain. It happens. Today, we’re talking about what you should do to get your rent paid or to remove the tenant from your property. Check Your Lease Agreement Ultimately,...
Landlords need a consistent and reliable rental pet policy, and when you’re thinking about this, there are a couple things to consider. First, sometimes you cannot choose whether or not you have animals on your property. Service animals sometimes come with tenants who...
Rekey locks in a property for a new tenant is one of your landlord requirements when you own a rental property in Texas. So, this question is pretty straightforward. You have to rekey the property because it’s the law in Texas. Texas Rental Law: Rekeying the Property...
There are many benefits to allowing pets in your rental properties. However, there are also several risks that landlords take when they allow pets on their property. Implementing pet screening processes can help landlords to minimize these risks. Asking the right...
It can be difficult to determine what areas of maintenance a landlord may be responsible for, particularly when there is a tenant living on the premises. Landlords maintain an “implied warranty of habitability.” This means that they are responsible for providing a...
There are a number of frustrations landlords face when tenants move out. Some landlords have false hope that the rental deposit will be enough to cover upgrade costs and cleaning needs. Rarely do the tenant deposit provide enough money to pay for everything needed...
When a tenant leaves a property, it is common for them to leave behind some things that landlords have to dispose of. Cleaning up after them, fixing damage they have caused, and handling personal property are common. However, what is the law pertaining personal...
How Best to Handle Them When the Fair Housing Act was amended in 1988, one of the changes involved the requirement of landlords to make reasonable accommodations requests from tenants. The act allows individuals with disabilities the right to have and enjoy housing on...
Bed bugs quickly lead to extreme problems for property owners if they are not contained quickly. Bed bugs spread fast as they attach to clothing, backpacks, and luggage. Since it’s hard to determine where bed bugs arrived on the property, most landlords spend their...
Your personal style may not account for the hottest design trends, but when renovating a McAllen rental property, what’s trending is very important. Make sure you have the pulse of current design trends before you renovate your rental. If your rental property fails to...
It is common for tenants to have some guests come and stay from time to time. While most landlords do not require tenants to provide them with notice of their guests, there is a concern over a guest moving into the property. How long can a tenant have a guest?...
Not everyone that invests in property wants the responsibility of managing the property. Keyrenter of McAllen specializes in providing property management services. We focus on helping our clients maintain a steady rental income without a headache and stress that...
Whether you are renting out a single family home, a fourplex, or units in a larger apartment building, you need to know what you can rent that property for. Today, we’re talking about finding the best price for your rental property. How Much Can I Charge for Rent? We...
Placing great tenants will help you be a successful landlord. Whether you’re using a professional management company or doing it yourself, finding the best tenants starts with marketing and advertising. Property Management Mission TX: Photos and Videos Your marketing...
We meet with a lot of rental property owners who wonder why they should hire a property management company. So today, we’re talking about what it’s like to be a DIY landlord versus hiring the pros. We will tell you about the services we provide, and you can decide if...
Many modern rental apartments have patios and gardens. A garden and patio can be a great way to spend time outdoors in a protected and enjoyable space. When it comes to decorating a modern garden, it’s a good idea to think about patio landscaping ideas that can...
Are you selling a tenant occupied home? It’s a difficult situation to sell a home while someone is living there. It is hard enough when the owner lives there and will benefit financially. But when the property is occupied by a renter, you may be asking them to comply...
As a first time landlord, you may not have gotten your bearings just yet. Landlords just entering the field need to be aware of specific issues they may confront as they start to learn the ropes. Proper attention to detail is important. Doing so will help get the...
A significant amount of money has been making its way into McCAllen, Texas this year. This cash is being used by the city to help improve the quality of life of the residents of the city. One of the most promising investments likely to make a huge impact is increasing...
Picking the right property management firm for your rental properties is such a critical issue. That’s because they will handle lots of critical tasks on your behalf and they will be the liaison between you and the tenants who live on your property. Before settling on...
Most people tend to assume that property management is similar to property maintenance, but it’s very different. Property maintenance is the kind of service a person contracts when they do not have the time to maintain their property professionally. Busy...
Rental property investment makes a good long-term strategy for a few reasons that we’ll cover here. If you’re looking for a way to increase your wealth in a slow, steady way with less risk than other investment opportunities, you should consider rental...
One of the most difficult challenges for new landlords is setting the right monthly rental amount for their properties. How much to rent my house for? Don’t worry, here are several considerations in order find the sweet spot for rental prices. Determine The...
Beginning investors are often so focused on the purchase of their first property, that they are not planning for their future title of a landlord. They can quickly become overwhelmed with the sheer amount of work involved in servicing tenants. Here are 7 Great Tips To...
Many people prefer to live by themselves. However, even if you are an introvert, you may still want to consider having a roommate. There are many benefits that can potentially be reaped from having a roommate. Share the Expenses There are a lot of expenses that come...
Rental property is one of the strongest investments you can make, but being a landlord is not a job to be taken lightly! If you want to get the benefits of owning property without making a full-time career out of it, a property management company can help handle your...
When you rent out property to renters or maintain a property, it can become backbreaking work. Understanding every menial detail, what needs to be fixed, how much something will cost, and where to acquire different materials can leave scatter your focus and leave you...
If you feel like you do not have enough space in your home, then you can rest assured that you are not alone. Many of us have limited space, but there are things that you can do in order to make the most out of it. Below is a list of tips that will help you make the...
Your lease is a binding document. That is why it is important for you to make sure that you understand everything about before you sign it. Asking your landlord questions will help clear up any confusion that you have. What to ask when leasing an apartment? Below is a...
As a property owner, it is your responsibility to both review and discipline your patrons fairly. The line between disciplinary action and all-out eviction can be blurry, however, so here are some basic guidelines for when it is most appropriate to evict a tenant: 3...