Navigating Market Volatility: Real Estate Portfolio Management Guide
By Precision Realty and Management, LLC Sunday, April 21, 2024
They say that "everything is bigger in Texas" for a reason. Houston, Texas, rental property owners have the opportunity to make a bigger income.Houston is ideal for real estate investing for many reasons. However, it's not as easy as buying a property and renting it...
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The Role of Property Managers in Maintaining Tenant Satisfaction
By Precision Realty and Management, LLC Sunday, April 7, 2024
Roughly one-third of renters won't renew their current leases. If you're a property manager, you want to be sure your best tenants don't fall into that category. That means making sure you're putting tenants first in your approach to property management.Read on to...
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Rental Valuation: How to Set a Fair Price for Rental Property in Houston, Texas
By Precision Realty and Management, LLC Thursday, March 21, 2024
It's helpful to know that the median rent in Houston is $1,139.When it comes to renting out your own property in Houston, setting the right rental price is crucial. Whether you're a seasoned investor or a first-time landlord, understanding the factors that influence rent ...
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How to Approach Lease Enforcement at Your Houston Rental Properties
By Precision Realty and Management, LLC Thursday, March 7, 2024
If you're a real estate investor in Houston, you've got great earning potential from your properties.Housing supply increased by almost 2% in 2023, which makes the city an attractive destination for home buyers and renters. If you've been on the lookout for a tenant, ...
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How to Handle Evictions: A Guide for Houston Landlords
By Precision Realty and Management, LLC Wednesday, February 21, 2024
There have been over 84,000 eviction filings in Houston over the past year.This number indicates serious issues between landlords and tenants in Houston. No landlord desires to evict their tenants, but sometimes they give you no other choice. Whether it's because of missed re...
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5 Benefits of Hiring a Property Management Company in Houston, TX
By Precision Realty and Management, LLC Wednesday, February 7, 2024
How many of your Houston, TX rental properties are currently sitting vacant? The rental vacancy rate in the US increased to nearly 6.5%. As your properties sit vacant, you'll start losing money.Before that happens, consider hiring an experienced property management company. T...
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By Precision Realty and Management, LLC Sunday, January 21, 2024
58% of Houston's residents are renters, which presents a fantastic opportunity for rental property owners.With so many renters in Houston, you should never have a problem finding tenants. Good tenant screening practices will ensure you get a qualified tenant, but it won't...
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The Pros and Cons of Allowing Pets in a Rental Property in Houston, TX
By Precision Realty and Management, LLC Sunday, January 7, 2024
Over 60% of Americans own a pet and about half of pet owners say that their pets are as much part of their family as humans.If your rental applicants are avid pet owners, they aren't going to choose your property if you don't allow their family. Allowing pets in a rental ...
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3 Ways to Conduct a Tenant Background Check in Houston, TX
By Precision Realty and Management, LLC Thursday, December 21, 2023
Houston has an average rental vacancy rate of about 10% despite the high demand for rental units. Maybe you find that you're getting plenty of applicants but your tenants break their leases or don't resign for another year.If you're facing high tenant turnover, it'...
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3 Tips for Effective Maintenance Coordination in Building Management in Houston, TX
By Precision Realty and Management, LLC Thursday, December 7, 2023
Thanks to an abundance of newly constructed buildings, the U.S. rental market is finally starting to cool. That's good news for tenants, but it means Houston landlords now face a more competitive market in this thriving city.It's difficult to compete with new construction...
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