Have you ever tried to play a game without any rules? It probably didn’t work out so well.Part of playing a game that actually works is clearly laying out rules for everyone to follow. Without solid guidelines, someone gets mad, misunderstands, or violates some unspoken rule that the other person …
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The Landlord’s Guide to Lease Violations In Texas
Wouldn’t life be easier if people just did what they said they’d do?That shouldn’t be unreasonable, yet people – tenants and landlords included – disappoint each other every day simply because they don’t do what they said.When a tenant and landlord sign a contract, they’re saying they’ll follow the …
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How to Prevent the Most Common Tenant Lawsuits Against Landlords
Most landlord-tenant lawsuits could have been easily prevented. Sadly, we see too many DIY landlords get into lawsuits over things that could be avoided. To avoid ending up in a legal mess, here’s the most common types of lawsuits and how to protect yourself as a landlord.Landlording 101Landlording …
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How to Build a Profitable Real Estate Investment Portfolio in Any Market
When you know where you’re going, it’s easier to get there. Right?Before you go on a trip, you first plug the destination into your map app. Then you get turn-by-turn instructions from start to finish, which makes the journey a little easier. The same is true when you’re building a real estate …
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11 Rental Property Maintenance Problems You’ll Likely Encounter (& How to Solve Them!)
An after-hours call from a tenant is rarely a good thing. If your phone rings after dark, there’s probably a rental property maintenance problem. So, when that call comes, what should you expect? Are you prepared? Here are the most common maintenance problems you'll encounter as a landlord and …
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7 Must-Have Components For Every Property Management Lease
The best offense is a good defense, right? Think of a property management lease agreement as a really strong defense. The more problems you foresee (and prevent) with your contract at the beginning, the better the rental situation. But, without a background in real estate or rental laws, it’s …
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5 Types of Problem Tenants That Cost Landlords Money
As a landlord, you're hoping for a tenant who pays rent on time, takes care of the property, follows the rules, and then renews their lease. Unfortunately, that’s not always who you’ll get. But you can stack the odds in your favor! A good quality tenant isn’t hard to find when you know how to …
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How to Stay Compliant with Fair Housing Laws
Want to tank your career in rental properties? Just ignore Fair Housing Laws. Sure, Fair Housing Laws for renters are complicated. But in real estate, they’re a must. And claiming ignorance if you break fair housing laws unintentionally won’t work. When it comes to discrimination, there’s no …
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What Foreign Investors Should Know Before Investing in U.S. Properties
According to Greek philosopher Heraclitus, "Change is the only constant in life." It’s also the only constant in real estate. Real estate laws are always changing, and if you’re buying from across the globe, it’s easy to get held up for something you didn’t realize was wrong. If you plan to …
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7 Mistakes to Avoid When Investing in Real Estate [INFOGRAPH]
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