It’s a landlord’s worst-case scenario: a non-paying tenant has occupied an investment property. Rent is typically due on the first of the month. It is considered late on the second day of the month if the tenant does not pay. When tenants quit paying rents, landlords suffer. As a landlord, it’s very important to understand…
When a tenant quits paying rents and refuses to vacate the property, the landlord must file an eviction suit in the Justice of the Peace Court to lawfully repossess his or her property. Here are the steps to evict a nonpaying tenant in Harris County, Texas. Prepare a Notice to Vacate and Demand for Payment…
It takes a brave soul to dare master the craft driven by inner passion be it art, music, and yes, even real estate investing. Inner passion can range from the desire for financial freedom, working for oneself, breaking free of an unhappy life, building wealth and anything else capable of lighting that fire. That courage…
Whether it’s house flipping or property management, all branches of real estate investing have a common denominator, and that’s insurance. This begs the questions: Are you covered? Beyond that, do you know what needs coverage? What happens if you aren’t? Are you paying too much? What’s the best policy for your investor situation? The questions…
There are several steps involved in the success ladder of real estate investing, but even just lightly overlooking one specific rung can completely derail an investor’s triumphs: Asset Protection. Real estate is prime meat for lawsuit predators given its high holdings value and an easy award for damages. A true Real Estate Baller will protect…