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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Do Property Managers Pay For Repairs in Austin, TX?
By Monte Davis - Sunday, February 25, 2024
Hiring rental property management does not mean you can take a hands-off approach to your rental property. You need to track its performance to ensure you generate a positive ROI. One of the biggest detractors of profitability is repair and maintenance costs.It would be nice if y...
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Landlord Rescue: Signs You Need to Hire a Property Management Company in Austin, TX
By Monte Davis - Sunday, February 18, 2024
Investing in real estate can be a great move, but managing properties is often very challenging.You might find yourself having a difficult time and may be in need of landlord rescue. A real estate management company can help with various property management tasks. Things will the...
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Are you a landlord in the vibrant city of Austin, TX, feeling the weight of managing your rental property? Juggling tasks and dealing with the challenges of property management can be overwhelming, but fear not!Whether you're a seasoned landlord or new to the Austin property ...
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Did you know that it takes 17.6 months on average to recover the cost of losing a tenant in Austin?Tenant vacancies are expensive and the longer they last, the more you pay. That's why it's essential to keep quality tenants when you can.Offering lease renewals is an art. ...
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Pros and Cons of Allowing Pets in Your Rental Property in Austin, TX
By Monte Davis - Sunday, January 28, 2024
Did you know that almost 60% of Texas households own a pet? Sufficed to say, there are a lot of pet owners in The Lone Star State.If you own real estate, you might be debating whether or not to allow pets in rental property. There are pros and cons to renting to tenants with pets...
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How Often Should a Landlord Inspect Rental Property in Austin, TX?
By Monte Davis - Sunday, January 21, 2024
Owning a rental property in Austin, TX, comes with its own set of responsibilities. Regular inspections are an important part of maintaining your investment.This guide explores the best frequency for rental property inspections in Austin. We also discuss the key considerations th...
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Is Outsourcing Your Tenant Screening Process a Good Idea in Austin, TX?
By Monte Davis - Sunday, January 14, 2024
Is outsourcing your tenant screening process a good idea? Yes, and for many reasons!Tenant screening can help Austin, Texas landlords find quality tenants. If you don't have time to complete the screening process on your own, save hours by outsourcing.Keep reading to learn wh...
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What's Next After Buying Your First Rental Property in Austin, TX?
By Monte Davis - Sunday, January 7, 2024
There are approximately 48.5 million rental units in the United States. 14.3 million of them, or 29.5%, are owned by individual landlords with one or two properties.Starting as a real estate investor is exciting, but your hopes will be dashed if you expect the money to start roll...
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