Houston Property Management Tips

December 2010: Planning for the New Year

Tuesday, November 30, 2010
As another year ends, many people take time to reflect on the past year. Generally, this leads to setting goals and making resolutions for the New Year. Our company is busy reviewing 2010 and planning on how we can improve our property management services to you, our clients. Here are some of our key property management goals and resolut...

November 2010: Never Ignore Water

Sunday, October 31, 2010
Water is a necessary element to support life and when it concerns rental property, water usage must be available to tenants. However, water can be destructive. This can come from an act of nature, such as a serious flood or hurricane. If there are repairs left unchecked in a rental property, water can cause anything from minimal to major...

October 2010: When It is NOT a Pet

Thursday, September 30, 2010
Ordinarily, property owners have the right to refuse animals while renting their property. However, there a specific circumstance exists when a dog, cat, or possibly another animal it is not considered a "pet." When a disabled person with an assistance animal applies to rent a property, a landlord cannot refuse to rent to the prospec...

September 2010: Plan Winter Maintenance Now

Tuesday, August 31, 2010
Thinking about winter maintenance needs for your investment before the season hits can often save you money. An extra benefit is that it can help keep tenants happy. For example, if you wait until the rains or winds come and the roof leaks, you will be competing with everyone else to have the work done because roofing contractors are at ...

August 2010: Are You Prepared?

Saturday, July 31, 2010
We continually work on educating tenants for any event that could happen during their tenancy. This includes making rental payments, reporting maintenance, handling emergencies/disasters, checking smoke alarms, practicing good neighbor policies, buying renter's insurance, and more. Of course, we hope that they always follow our advice, b...

July 2010: When Handed Lemons, Make Lemonade

Wednesday, June 30, 2010
People have many fears when deciding to rent their home or contemplating buying an investment property. Horror stories abound about damage and difficult tenants. They have made many movies that portray outrageous tenant situations. Unfortunately, difficulties can arise and this is why there are property management companies. There ...

June 2010: Mistakes Investors Should Avoid

Monday, May 31, 2010
The economy has certainly been volatile for the last few years. The stock market took a major nosedive, foreclosures have been rampant, and unemployment has risen to all time highs in many areas. However, in every market, there are opportunities and for some, now is a good time to buy investment property due to the decline in housing pri...

May 2010: Renting and the Handicapped

Friday, April 30, 2010
Fair Housing is simple - do not discriminate. While this may be a basic principle, it is often not "easy" to follow, particularly in the area of handicapped or disabled persons. Many landlords often do not know or understand the legal requirements when it comes to renting to handicapped tenants, which can lead to costly lawsuits. Courts ...

April 2010: Setting the Stage for Better Showings

Wednesday, March 31, 2010
If you list your home with a REALTOR®, they would advise you to take certain steps to maximize how your house would show to the public. Their recommendations may include cleaning, landscape clean up, painting, installing new flooring, changing an appliance, and more. In addition, if the house were vacant, they might even recommend...

March 2010: A Message from TERRA Residential

Sunday, February 28, 2010
Welcome to the inaugural edition of the online version of the TRS monthly Newsletter. Many of our clients have been requesting more online and we have been listening. In addition to this Newsletter, TRS now offers online electronic statements and documents on our secure online OWNER PORTAL through our website at terraresidential.com ...

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