As a Landlord: What Should You Charge as Your Security Deposits?
By Kathy Scott Tuesday, September 27, 2022
Did you know that there are more than 11 million landlords in the United States alone? As a landlord, it is your responsibility to determine how much you should charge for security deposits. But what is a security deposit exactly and how should you know if you're charging too...
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Six Quick Tips for the Budding Real Estate Investor
By Kathy Scott Tuesday, September 13, 2022
In the United States, 90% of millionaires are real estate investors. Why is that?Savvy, successful entrepreneurs choose real estate investing strategies for a reason, and evidence shows it could be quite lucrative.For a new real estate investor, however, you may not be aware of a...
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3 Reasons Why Tenant Screening is Important for Texas Landlords
By Kathy Scott Wednesday, August 17, 2022
Oh no. Your rental property has been sitting empty for some time and starting to weigh on you. As a landlord, a vacant unit can cause some stress and might lead you to skip tenant screening.While this may fill your vacant property quickly, you should always screen any potential t...
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Curb Appeal Upgrade Before You Sell
By Kathy Scott Wednesday, August 3, 2022
Real estate agents sometimes receive calls from homeowners asking for advice on what they should do to prepare their house to go on the market. They may have settled for living a "less than optimal" circumstance for years, and are now going to spend money to make it nic...
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3 Things Texas Landlords Need To Know About Security Deposits
By Kathy Scott Wednesday, August 3, 2022
Texas landlords already know that "Texas cities are in great demand for renting." But unfortunately, while this might seem like a recession-proof investment, your tenants still have to pay. That's where security deposits enter this real estate deal. Texas landl...
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How to Find an Investment Property
By Kathy Scott Wednesday, July 20, 2022
Real estate experts predict that 2022 will witness a rise in foreclosures. With the pandemic and job losses, the year has been primed for financial hardships for many people.As unfortunate as it is for them, it can present a great investment opportunity for budding real esta...
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The Most Common Mistakes to Avoid When Hiring Property Managers
By Kathy Scott Wednesday, July 6, 2022
Did you know that business owners and landlords are around four times as wealthy as the average American?If you became a landlord to generate wealth, you aren't alone. Yet, this strategy doesn't always work out for everyone. You might find that you can't handle t...
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Did Your Tenant Break a Lease? A Guide to Landlord Rights
By Kathy Scott Wednesday, June 22, 2022
Oh no. It's the conversation every landlord dreads. The "I need to break my lease" conversation.If a tenant wants to break a lease, you need to inspect the property, advertise the unit, and screen a new tenant sooner than you thought.Yet, there are provisions that p...
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What Do You Do if Your Tenants Pay With a Bounced Check?
By Kathy Scott Wednesday, June 8, 2022
No matter how carefully you screen your tenants, there is always the possibility that they won't pay their rent or they pay, but their check bounces. It's no wonder that many landlords identify dealing with tenants and collecting money as the worst parts of being a landlo...
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Maintenance Coordination for Your Properties: A Guide
By Kathy Scott Wednesday, May 25, 2022
Real estate can be an excellent way to generate extra income. Whether you own a few homes or an apartment building, renting a property can be a lucrative business. To keep your renters happy, you have responsibilities as their landlord. One of your most important responsibil...
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