Is your property management company working hard enough for you?When it comes to property management services, there’s usually a lot more to the job than people realize. Property managers oversee a variety of things, like rent collection, bookkeeping, maintenance, and many more tasks.If you’re …
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How to Protect Your Investment Properties with Six-Month Tenant Inspections
So you’ve got a fantastic new tenant in your property. Congratulations! The tenant screening process can be challenging, so getting a great tenant into your property is a huge win — but just because someone seems amazing doesn’t mean you can trust them blindly with your investment.When you …
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Don’t Get Swindled: How to Read a Real Estate Pro Forma Cash Flow Report
No matter what kind of investment property you own, the most important metric for measuring success is cash flow. You need to make sure the properties you’re investing in will generate a profit — otherwise, you’ll quickly find yourself with a portfolio that’s draining your bank account instead …
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The Complete Guide to Property Management Fees (What’s Reasonable and What’s a Rip-Off)
One of the biggest challenges that property owners face when hiring a property management company is deciphering their property management fees.What’s the fair cost of property management? How much should property management cost? How do property managers charge — and how do you know when you’re …
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Hiring a Property Manager: Do You Need Someone to Protect Your Rentals?
When you own rental properties, one of the main questions you’re likely to ask yourself is, “Do I need to hire a property management company… or can I handle managing my properties myself?”Many property owners are tempted to handle things on their own. And while we understand that taking the DIY …
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What Is Normal Wear and Tear on a Rental Property in Texas?
Do you remember wandering through “grown up” stores as a kid, scared to touch anything? We all knew the rule that guided (or was supposed to guide) our every movement: “You break it, you buy it!”But does that rule still apply? For rental properties, yes!You just have to know the difference …
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Collecting Unpaid Rent From a Former Tenant in Texas
Unpaid rent happens — but it doesn’t have to happen often.Collecting unpaid rent from a former tenant is never fun, and it’s often avoidable. Sure, sometimes people skip out on rent during their lease term or for that last month before their contract ends. But at LEAP we’ve kept our delinquency rate …
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The State of the Dallas-Fort Worth Real Estate Investment Market (2017 Economy Guide)
Investing isn’t something to take lightly, especially when you’re dealing with real estate. There’s much to consider: How much do I want to invest? How long until I see a return? What will the market do? How difficult will it be to rent? When should I buy?All fair questions — some more difficult to …
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What Foreign Investors Should Know Before Investing in U.S. Properties
According to Greek philosopher Heraclitus, "Change is the only constant in life." It’s also the only constant in real estate. Real estate laws are always changing, and if you’re buying from across the globe, it’s easy to get held up for something you didn’t realize was wrong. If you plan to …
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9 Reasons Real Estate Is the Smartest Investment
All investments involve risk. But if you’re looking to invest a chunk of change, you want the most bang for your buck with the smallest risk possible: real estate. Sure, we work in real estate and think it’s a wise investment. Otherwise, we wouldn’t make the investment ourselves. But we …
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