As a landlord and investor, you rely on your tenants to consistently pay you on time. It’s how you pay the bills, maintenance, repairs, etc. Creating a rule to implement late fees can be confusing regarding finer details like when the charge should take effect, how much to charge, and how long the grace period is. Keep reading because we’re going to answer those questions! What Are Late...
Investing in real estate, especially in Austin, can be a smart decision, but you have to be prepared and ready for the changes that can hit the market. With the uncertain times that we face, it’s offered some opportunities for investors to find great homes in sought-after neighborhoods that they can renovate and market to renters. If you’re curious about what it takes to be an Austin real estate...
In our last blog post, we examined ways to identify a property that would make a great property investment in Austin, and we focused mainly on the tangibles from the perspective of being able to rent it out and optimize rents. In today’s post, we’ll take a look at how to be sure that the numbers work for your real estate investments. Be sure that you can rent the property. It’s no fun to jump into...
You likely already know that finding a great investment property for your real estate portfolio is different than finding a home where you will live. There are many various factors to consider when investing in real estate, so let’s take a look at a few pro-tips when it comes to spotting a great investment property: Look in areas of Austin that are conveniently located with a high walkability score....
If you’re considering real estate investment, it’s important to begin by researching not only what the market looks like and what is needed to make a smart investment, but also the different types of real estate investment and what will work best for you. Just like any other investment, real estate has pros and cons and they vary depending on what type of investment opportunity you decide to dive...
Real estate can be a profitable and smart business decision for those looking for a great investment opportunity, but only if the proper steps are taken. Luckily, we’ve broken down some of the key factors we think are most important to help you get set up. Step One: Find Out What You’re Getting Yourself Into There are many people who’ve thought about or done what you’re about to, and...