Hiring an Austin Property Management Company? Steve discusses what to watch out for when dealing with property management companies. Most investors don't consider property management companies as a necessity when purchasing a property. They tend to realize they need a property manager only after acquiring the property and realizing there is a lot to do. Property management companies are … [Continue reading...] about Things to Watch Out For When Hiring an Austin Property Management Company
5 common mistakes made by property managers in Austin. A lot of people who own rental properties tend to forget that they are running a business, and like every other business, careful planning and setting realistic goals are crucial. Not doing your research One of the biggest mistakes an investor can make is not doing enough research before buying a property. Not knowing what the current … [Continue reading...] about 5 common mistakes made by property managers in Austin
Important questions to ask an Austin property management company When you invest on a property, the most important factor that you need to consider is the return of your investment. When looking for a property management company to look after your investments, make sure that they are willing to commit and align to your goals as an investor. Size of the Company Consider the size of the … [Continue reading...] about Important Questions You Should Ask an Austin Property Management Company
Evicting a tenant can be a very stressful and emotional procedure for all parties involved. From a property manager or owner's perspective, this could mean losing income for the time during the eviction as well as worrying about the state of the property itself. In every eviction scenario, remember that there is a procedure that you have to follow. Following the process step-by-step will … [Continue reading...] about Going through an Eviction Process in Austin
What are the best ways to find great investor deals around Austin, Texas? The best way to find a good deal that will work for you is to set a concrete goal. Setting a parameter and a target can help you identify a great deal when one comes along your way. Another thing that you need to consider is your price point, putting a specific budget on your goal will help you look for the best deals … [Continue reading...] about How to Find Investor Real Estate Deals in Austin
Lawsuit happy tenants The harsh reality of being a landlord or property manager is that you can get sued for things that are out of your control. A dog bite within the property, a pipe bursting or almost any unfavorable situation can easily be a lawsuit against you. Just the thought of a lawsuit is enough to stress out a lot of property managers, but it is important to remember to deal with … [Continue reading...] about How to Deal with Lawsuits from Tenants
Is it too late to buy a rental property in Austin? The answer to that question will depend on what your goals are and how open you are to adjusting your goals if you need to change them. You can always find a deal It is never too late to buy a rental property because there will always be a good deal right around the corner, you just need to know how to recognize one. Having a flexible goal … [Continue reading...] about Is It Too Late to Buy a Rental Property in Austin TX?
Why do people want to own real estate in Austin TX? Investment for retirement It is a well-known fact that buying real estate is a great investment, and there are plenty of ways to get into the business. You can acquire different types of properties through different ways that will suit your situation. If done right, owning several properties and making money out of them can get you an early … [Continue reading...] about Why People Own Real Estate in Austin TX?
Being an investor can be tough and challenging. Why Some Investors Fail. Poor planning One of the most common reasons why investors fail is their lack of planning. Buying into the business is not enough, there is more beneath the surface when it comes to real estate investing. Thinking you can do everything A lot of property investors fall into the landlord mindset, believing that they can … [Continue reading...] about Why Do Some Investors Fail? Empire Industries Property Management in Austin