Taxes can become quite complicated when you own a rental property in another state or country. In fact, your rental income might be subject to both federal and state taxes. Not only will you need to report income generated within your state of residence, but you might also need to report income …
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Visiting Dallas? These 11 Top Dallas Restaurants Are Worth Every Penny
When our long-distance investors visit Dallas, they often ask us which restaurants to try. Luckily, Dallas has a luxury of choice when it comes to where to dine out. To really experience the authentic flavor of the city, try one of these top Dallas restaurants that we often recommend to …
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How to Increase Rent While Keeping Your Tenants Happy
Raising rent is inevitable. If you lease your property long enough, you’ll see an increase in property values, which results in increased taxes. Or you may notice an improvement in your neighborhood that prompts the market rent in your subdivision to jump. Sometimes, inflation simply demands a …
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Preparing for New Tenants: The Landlord’s Property Management Checklist
When tenants move out, you need to get your property ready for a new occupant quickly. Otherwise, your rental will sit empty, and you won’t collect rental income.But you can’t just give the keys to the first person who’s interested in your property. Before welcoming a new tenant, …
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7 Reasons It’s a Great Time to Be a Landlord in Dallas/Ft. Worth
The economic forecast for the Dallas-Fort Worth area is almost as hot as the summer temperatures. It's a great time to be a landlord in the DFW metroplex. Here are seven reasons we think you should consider purchasing a Dallas investment property:
1. Companies are moving to Dallas, Fort Worth and …
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How to Buy Out-of-Country Investment Properties in North Texas
The United States is the place to invest right now. In fact, many international investors are moving money into US real estate, particularly in the Dallas/Fort Worth area, to diversify their investments. Others have been investing for a while now and want to seize the opportunities of DFW’s …
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Is a Property Management Company Worth It? How to Calculate the Cost
You’ve decided to rent out your house. Maybe you weren’t able to sell it or maybe you realized the investment opportunity of property rentals. Whatever the reason, the fact is you want to do it right. It may seem like a better financial decision to manage your own property… until you look at the …
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When Is It Time to Sell Your Investment Property?
Sometimes investments just don’t work out. Sure, a great property is often the key to unlocking real investment potential, but other times it’s just better to pull the plug. So how do you know if you should sell? If you find yourself in one of these scenarios, it’s probably time to call a listing …
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Who Should Manage Your Rental Property Lawn Maintenance?
Lawn maintenance frustrates tenants and landlords alike. Landlords don’t really want to pay for it and tenants don’t want to deal with it. But who is actually responsible for keeping the yard under control? When tenants ask us, we tell them it’s more common for them to be responsible. When …
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5 Common Mistakes To Avoid When Marketing Your Rental Property
In a renter’s market – like the one we’re in now – marketing oversights cost you more than usual. Of course you need to set the right price, but there’s more you can do to catch the eye of a great renter. Whether you’re a first-time or long-time landlord, be sure you’re not making these common …
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