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Houston Property Management Tips

Blog Post November 2011: A Cash Reserve for Your Investment Property

November 2011: A Cash Reserve for Your Investment Property

You never know when something can happen that will require a large amount of cash, such as a disaster where the property is located, a major maintenance expense, an unexpectedly long vacancy, or a problem with a tenant that leads to legal action and damage. As your property mana...
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Blog Post October 2011: Landlords DO Have Rights

October 2011: Landlords DO Have Rights

It often seems that a property owner does not have any rights and the tenants call all the shots, the courts only rule in favor of the tenant, and the attorneys end up with all the money. Just look at the multi-million dollar lawsuits that have happened regarding mold, lead-base...
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Blog Post September 2011:New Texas Smoke Alarm Law & Bedbugs

September 2011:New Texas Smoke Alarm Law & Bedbugs

New Texas Law Regarding Smoke Alarms A new law was passed this last legislative session regarding the number and placement of smoke alarms in rental properties in Texas. In short the law attempted to make the requirements consistent throughout the state. It requires at least ...
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Blog Post August 2011: The Impact of URLTA

August 2011: The Impact of URLTA

Over the years, courts have made many rulings based on the Uniform Residential Landlord and Tenant Act, URLTA. When faced with a difficult case between Landlord and Tenant, a judge will often consult the fine points of this Act before rendering a decision. Important Landlord/Ten...
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Blog Post July 2011: Pest Control and Your Investment

July 2011: Pest Control and Your Investment

Pests can be a problem any time during the year and are a common occurrence in the property management industry. If you check the dictionary, there are varying definitions for pests - here are three common ones. An insect or other small animal that harms or destroys garden...
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Blog Post June 2011: Is It Time to Revisit Your Insurance?

June 2011: Is It Time to Revisit Your Insurance?

There have been incredible weather events happening all other the world - earthquakes and tsunamis in Japan, tornadoes throughout many states, and flooding along the Mississippi to name a few. Insurance is a necessity for investment property. You pay with the hope that you will ...
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Blog Post May 2011: Beware of Retaliation

May 2011: Beware of Retaliation

Fair Housing law defines retaliation as an act of harm by the owner, manager, or agent against a resident or applicant because that resident or applicant has asserted their fair housing rights. This important legislation protects the right of the applicant, resident, prospective...
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Blog Post April 2011: What IS a Rental Emergency? & Market Update

April 2011: What IS a Rental Emergency? & Market Update

What IS a Rental Emergency? It is important to understand what a rental emergency is. Depending on whose perspective it is, whether it can be owner, tenant, vendor, or property manager, it can mean different things when it happens. The definition from Wikipedia is An...
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Blog Post March 2011: Carbon Monoxide - the Silent Killer

March 2011: Carbon Monoxide - the Silent Killer

Carbon monoxide is another area of risk management that has been creating new laws in many states. Currently, at least twenty-five (25) states have legislation on carbon monoxide detectors requirements. Please note that various states have different requirement in their laws. Fe...
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Blog Post February 2011: Rents - Do the Math

February 2011: Rents - Do the Math

It is natural to want to obtain the highest rent possible when your property is vacant. A long vacancy can cause frustration, anxiety, and anger. However, holding out for more money can be more costly than you think. When this situation occurs, it is better to use a mathemati...
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