In the vast majority of situations, it’s much easier to prevent damage from happening to your rental property than it is to try to go back and fix damage that’s already happened.Not only is it easier, but it’s also a lot cheaper. The average maintenance cost for rental properties will always be more …
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How to Prepare Your Rentals for Winter [CHECKLIST]
Summers here in DFW can be some of the hottest in the nation. But our winters are no joke, either.With the average temperature in January hitting 37 degrees (and often dipping below the freezing point), investors need to take the proper steps to protect their properties and winter-proof their DFW …
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Hiring a Property Manager: Do You Need Someone to Protect Your Rentals?
When you own rental properties, one of the main questions you’re likely to ask yourself is, “Do I need to hire a property management company… or can I handle managing my properties myself?”Many property owners are tempted to handle things on their own. And while we understand that taking the DIY …
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How to Effectively Screen Tenants for Your Rental Property (While Protecting Yourself)
There’s no way around it: the success and profitability of your properties are directly related to getting quality tenants. And the key to getting quality tenants is proper tenant screening.Tenant screening is the only way to ensure the people who rent your properties are responsible and pay their …
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What Is Normal Wear and Tear on a Rental Property in Texas?
Do you remember wandering through “grown up” stores as a kid, scared to touch anything? We all knew the rule that guided (or was supposed to guide) our every movement: “You break it, you buy it!”But does that rule still apply? For rental properties, yes!You just have to know the difference …
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Collecting Unpaid Rent From a Former Tenant in Texas
Unpaid rent happens — but it doesn’t have to happen often.Collecting unpaid rent from a former tenant is never fun, and it’s often avoidable. Sure, sometimes people skip out on rent during their lease term or for that last month before their contract ends. But at LEAP we’ve kept our delinquency rate …
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Become a Successful Real Estate Investor by Adopting These 5 Traits
Ever wondered why some people make it in real estate while others don’t? They just aren’t making as much money as they thought and seem perpetually stressed? Meanwhile, the best investors always seem to be ahead of the curve — knowing what properties will pay off and what’s not worth their time. And …
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5 Must-Know Real Estate Investing Metrics for Evaluating Your Portfolio’s Performance
There’s no arguing that investing is a numbers game. So it makes sense that when it comes to investing in real estate, there’s nothing more important than understanding real estate metrics.Having a firm understanding of the key metrics in real estate investment is a crucial part of building a …
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How Texas Landlords Can Protect Themselves From Fair Housing Complaints
There were 28,181 reported fair housing complaints last year — and 91.5% of those happened in rental transactions. Sounds like a lot, right? But these are just the reported cases. The National Fair Housing Alliance estimates 4 million instances of discrimination happen each year in the rental market …
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7 Simple Kitchen Renovations to Boost Your Rental Property’s Appeal and Price Point
There are plenty of things that tenants consider when viewing a potential rental, but there are few things more important than the kitchen.For many people, the kitchen is the heart of the home. It’s where they assemble their Thanksgiving meal, it’s where they bake their holiday cookies, it’s where …
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