Your Dallas investment property should provide you, the owner, with an additional source of passive income. However, a residential property can only provide a "passive income" if it is properly managed. When applicants need to be screened, the residence needs to be maintained, and countless other …
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5 Signs It’s Time to Ditch Your Property Management Company (And What To Look For Instead)
A bad property manager costs money and time. Without the right management, your property sits on the market too long or you place a bad tenant because you’re anxious about the days on market. Bottom line: you waste resources when you don’t have a good manager.The right property management …
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What to Look for in a Property Management Contract
Our latest guest post, The Fine Print: 5 Items to Look for BEFORE You Sign a Property Management Contract, was recently published on BiggerPockets! Once you’ve researched property managers and compared prices and locations, reviewing the contract is the final step. Before you sign on the dotted …
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What Effect Is Airbnb Having on Your Rental Properties?
In the past, travelers were limited to booking a stay at a local hotel or, in some cases, renting a vacation home/condo. Today, however, the tides are changing: an increasing number of travelers have begun utilizing Airbnb for their accommodation needs.
What Is Airbnb and How Does It Work? …
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Why You Should Buy Investment Properties in These Fast-Growing North Texas Cities
When people think of Texas, they often envision 10-gallon hats and cowboys roaming the open plains. Very few think of the number of growing Texas cities that are driving the state's economy and population. Between 2011 and 2012, five of the ten fastest-growing cities in the United States were …
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How to File Taxes on Out-of-State Investment Property
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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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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