Real Estate Asset Management Best Practices That Put Money in Your Pocket
By Monte Davis - Tuesday, May 14, 2024
When you first decided to become a real estate investor, you probably set some ambitious financial goals. But what happens when the reality doesn't live up to the dream and your financial income isn't as rosy as you once hoped?That's more common than you might think. ...
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Eviction Protection Plans for Your Rental Properties in Austin, TX
By Monte Davis - Tuesday, May 7, 2024
New real estate landlords often worry about market conditions and downturns. But those with more experience know that a more pressing threat needs their attention: bad tenants.Most tenants may be reliable, especially with robust tenant screening, but sometimes, you pick the wrong...
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How Property Management Can Help You Protect Your Investment Property in Austin, TX
By Monte Davis - Sunday, April 28, 2024
The average landlord income in Austin, TX, is a lucrative $51,777. You can also make this salary passively if you hire professionals to manage your investment property on your behalf.However, before you employ a property management firm, you'll want to know what they'll d...
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Tips for Rental Property Accounting Records in Austin, TX
By Monte Davis - Sunday, April 21, 2024
Most landlords face stumbling blocks occasionally when handling their duties. You might have to deal with a bad tenant or an emergency problem. These are normal issues that arise with rental properties.However, for some landlords, the rental property accounting is their biggest s...
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Maintenance Coordination: Who Pays for Rental Maintenance in Austin,TX?
By Monte Davis - Sunday, April 14, 2024
Over half of Austin residents rent their homes, making this city an excellent place for property investors to earn passive income. Yet, attending to all the tasks involved in managing a rental home can become daunting for busy landlords.Hiring a property manager is the most effec...
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Have you accidentally become a property owner in Austin, Texas? If so, you need to make sure you're managing it properly.Luckily, we have the tips and tricks you need for success. Let's go through the top accidental landlord tips you need in Austin.Understand Tenant-Landl...
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Real estate experts will tell you that property is the ultimate way to earn passive income.However, it doesn't feel so passive when you field calls from tenants, figure out how to list your property online, and call local contractors to get quotes for some maintenance work.Pr...
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Being a successful investor requires having many skills, but you also need to invest in things like property management.With the help of a professional property management report, you can review the most important information about a rental property in one place. This information...
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What Do Landlords in Austin, TX, Need to Know about Security Deposits?
By Monte Davis - Thursday, March 14, 2024
Austin has seen nearly 10,000 eviction filings in the last year alone.If you're an Austin landlord, you don't strive to evict a tenant. It's when they put your property and livelihood at risk that you need to take action. That being said, there are measures you can ta...
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Property Manager's Guide to Tax Time and Sending 1099s to Landlords
By Monte Davis - Thursday, March 7, 2024
The American Rescue Plan Act provides widespread relief to employees and small business owners in the wake of the pandemic. It also represents a major change in the threshold for paying taxes on rental income for landlords.Previously, investment property owners only needed to fil...
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