First things first: we want to make it clear that even though this post is going to be covering property management accounting basics, we are NOT accounting. If you have any questions on property management accounting or how it relates to your investments, get in touch with a CPA in your …
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The State of the DFW Real Estate Investment Market 2019
As an investor, you want to make sure you buy property in an area that’s going to give you the best ROI—and be a profitable investment for years to come.There are plenty of factors to take into consideration when choosing where to invest, from home values to rental prices to inventory. But if you …
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How Much Should I Charge for Rent in North Texas?
When it comes to managing rental properties here in North Texas, there’s not many things as important as nailing the pricing. If you price your property too high, it attracts the wrong kind of attention. Chances are, you’ll attract people who are willing to pay a higher price — but only because …
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How to Transition a Rental Property Between Tenants [Move-Out Checklist]
In a perfect world, you’d find a tenant who lives in your rental property from now until the end of time.But the truth is, we don’t live in a perfect world — and chances are, at some point, you’ll have to transition an old tenant out and a new tenant in.Having a smooth transition process …
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5 North Texas Landscaping Ideas to Boost Your Rental Property’s Marketability
You know the old saying, you only get one chance to make a first impression? When you’re talking about rental properties, that first impression comes from your landscaping.The lawn and landscaping — or, in other words, the curb appeal — is the first thing potential tenants see when they look at …
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Why International Real Estate Investors Need a Domestic U.S. Contact
We get it — as a long-distance investor, finding a local property management company to manage your properties is tough.You have no idea who a company is, what kind of work they do, and whether you can trust them with your investment. Literally, all you have to go on is what you read online.But the …
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How to Find Long-Term Tenants for Your Rental Properties
When it comes to filling your properties, not all tenants are created equal. The best-case scenario for investors? Finding tenants who are looking for a long-term home, not just a place to stay for a few months or a year.Long-term tenants provide consistent income that you just won’t find if you …
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5 Traits of an Ethical Landlord (& Why They Matter for Your Business!)
In this day and age, pretty much anyone can buy a few properties and become a landlord.But being a landlord is about a lot more than owning property. You’re literally responsible for another person’s living situation; it’s your job to handle repairs and maintenance, to manage trust accounts, …
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Do You Need a Real Estate Investment Team?
The most successful people in the world all have one thing in common — they have an incredible team in their corner.For a real estate investor, the right real estate investment team can mean the difference between floundering investments and huge success. But what, exactly, does the right real …
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The Essential Guide to Routine vs. Emergency Maintenance for Landlords
When it comes to property maintenance, as an owner, you have two main responsibilities. The first is to provide a safe place for your tenant to live at all times. And the second, which is an offshoot of the first, is to take care of any problems with your property in a reasonable amount of time …
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