Blog

Creating a comprehensive lease agreement is crucial to every successful rental property. Whether you're a seasoned landlord or new to the rental business, understanding how to craft a lease agreement is essential for protecting your investment and establishing clear expectations with your tenants. Available Ways to Draft a Lease There are many options to consider when drafting a lease. Draft a document from scratch: This allows full control over the terms, though this requires legal expertise. Pre-made templates: Templates are available thr…

A tenancy, whether periodic or fixed-term, runs for a specific period. And it’s up to the parties in the lease agreement to choose whether to renew it. If you or the tenant decides to end it, state law may mandate a move-out letter. As a landlord, it’s important to understand what it entails, when to serve it, and how to draft one. What is a Move-Out Letter? A move-out letter is a notice you can use to communicate your expectations to the tenant before they move out. You can use it to let the tenant, for instance, know that they must leave …

The visual appeal of your property will have a significant impact on attracting and retaining tenants. Today’s tenants are big on their future spaces and are willing to pay more to meet that price. However, landlords tend to put more money and resources into the interior and forget about the exterior. Curb appeal is one aspect that landlords can’t afford to slack on. A beautiful exterior is like a good marketing strategy. It allows you to draw in tenants seamlessly and reduce vacancy periods . The Importance of Curb Appeal Investors, indi…

In Texas, the landlord-tenant dynamic is established once a renter pays rent in exchange to occupy a rental property. Once established, Texas landlord-tenant laws grant certain rights and responsibilities to both parties under the leaseagreement. It’s also important to note that these rights and responsibilities exist regardless of the rental agreement saying otherwise under Texas law. The following is a basic overview of the Texas landlord-tenant law. Required Disclosures Texas Landlords Must Make Landlords must make the following disclosures…

If your main goal as a landlord is to keep earning a steady income, attracting long-term tenants is a necessity. Vacant rentals can lead to extra maintenance and marketing expenses, so it is critical to have loyal residents in your rental unit. Elevating the value of your rental space is also a breeze when you have a reliable set of renters. You can allocate a budget for renovations which leads to more satisfied tenants and consistent investment returns. Here are 5 great tips to draw more constant and reliable renters: 1. Persist With Mar…