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Five Common Mistakes Landlords Make That Can Cost Thousands
Shannon Brothers
Being a landlord is often thought of as an easy way to make money and requires little effort. While there are definitely benefits to being a landlord, it isn’t always as straight-forward at it seems when you first become one. In fact, if you don’t take the time to do your research and understand all facets of renting out property, then yourself may be vulnerable for costly mistakes that could end up costing thousands in damages or legal fees....
moreWhy Should Realtors Have a Trusted Referral Partner for Property Management
Real estate agents play a vital role in helping clients buy and sell properties, however, many realtors may not have the expertise or resources to handle property management. This is where a trusted referral partner for property management comes in handy. In this blog post, we'll explore the benefits of having a reliable property management partner and why it's essential for realtors.
Expertise and Knowledge
Property management...
more5 Most Common Maintenance Requests and How to Prevent Them
Shannon Brothers
How to Prevent Common Maintenance Requests
Owning rental properties can reap huge benefits. It can be financially beneficial, a great way to make income without working strict hours, and you are helping others live in a place that feels safe and like home. With that being said, there can be hardships and uncertainties as well. Home maintenance can be a major source of uncertainty. However, having...
moreThe Importance of Having Quick Turnarounds for Maintenance Requests- How a Property Manager Can Help
Shannon Property Management
For any property owner, one of the most important things to consider is how quickly maintenance requests can be turned around. A property manager can help coordinate and schedule workers to come in and take care of repairs and upkeep so that your property looks its best. Not only does this save you time, but it also helps to protect your investment. In this blog post, we'll explore the importance of having quick turnarounds for maintenance...
moreWhy to Perform Regular HVAC Inspections at your Rental Properties
Shannon Property Management
As a landlord, it is important to ensure that the HVAC (heating, ventilation, and air conditioning) system in your rental home is running smoothly and efficiently. One of the best ways to do this is by performing an annual inspection of the HVAC system. In this post, we will discuss the benefits of regular HVAC inspections for landlords and why it is important to schedule them for your rental property.
One of the most significant...
moreConstantly Having to Find New Tenants to Rent Your Properties? How to Keep Tenants Happy and Content
Are you tired of constantly having to find new tenants to rent your properties to? If so, then you're not alone. Many landlords find themselves in this position, spending countless hours and money on advertising and repairs after a tenant moves out. But what if there was a way to keep tenants happy and content in their rental units? Luckily, there are some things that you can do as a landlord to help achieve this goal. In this blog post,...
moreAre Single Family Rentals A Good Investment?
Shannon Property Management
There is no doubt that the rental market is booming. More and more people are choosing to rent rather than buy, and this trend is expected to continue for the foreseeable future. This has led to a huge increase in demand for rental properties, both commercial and residential. So, are single family rentals a good investment? The answer is yes, but not without its risks. Many factors can affect your choice in investing in single family rentals...
moreThe 5 Best Tips to Help You Find Good Tenants For Your Rental Property
Are you a landlord with a rental property? If so, you know that finding good tenants is essential to your success. Bad tenants can cost you time and money, while good tenants can help you achieve your financial goals. In this blog post, we will discuss five tips that will help you find good tenants for your rental property!
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morePROPERTY MANAGEMENT IN HOUSTON TEXAS- WHAT YOU NEED TO KNOW
Steve Shannon
WHAT YOU NEED TO KNOW ABOUT PROPERTY MANAGEMENT IN HOUSTON TEXAS
There are many factors to consider when you’re looking for property management in Houston. Different properties have different needs, and when it comes to finding the right management company for your property, you need to be sure that you’re getting the best one for your needs. There are so many different things that go into...
moreWHAT ARE THE BENEFITS OF HAVING A QUALITY PROPERTY MANAGER?
Steve Shannon
Benefits of Having a Quality Property Manager
Many new homeowners do not realize how much work goes into maintaining your property after buying a house. You may have realized that you are in over your head and are looking for help after deciding to rent out your house. This is a common problem, which is why property managers exist. Having a high-quality property manager can take off some of the weight from your shoulders so you can be...
moreHOW DO YOU DETERMINE IF YOUR PROPERTY MANAGER IS DOING A GOOD JOB?
Steve Shannon
How Do You Know Your Property Manager Is Good?
Homeownership has its perks, but it also comes with a lot of responsibility. From maintaining the property to dealing with tenants, there's a lot to keep track of. That's where a good property manager comes in.
A good property manager can make your life as a homeowner or landlord much easier. They can...
moreHOUSTON RENTAL MARKET UPDATE (COVID-19)
Shannon Property Management
Whether you are an active investor with a large rental portfolio or a first time home buyer considering selling/renting out your starter home, you probably are wondering what is happening with the Houston Rental Market during COVID-19. The truth is, the rental market is hot!
According to the Houston Board of Realtors, in May 2020, single-family home rental leases were up 12%, while home sales dipped for a second straight month in May....
more3 SIMPLE STEPS TO AVOID RESIDENT TURNOVER
Steve Shannon
Resident turnover is an automatic cash flow killer. All of the administrative and advertising costs and the maintenance work to get the unit rent-ready, not to mention the lack of rent checks during vacancies, take a huge hit to your profit margins. Real Property Management Pittsburgh has some tips to help you keep a full house so that you can avoid this:
Always Screen Applicants
The resident you choose to move into your rental...
moreHOUSTON'S LOOPED IN PODCAST - SWAMP LOT EPISODE
Shannon Property Management
If you are into all things Houston real estate, then the Houston Chronicle's podcast Looped In is for you! Hosted by the Houston Chronicle real estate reporter, Nancy Sarnoff, the episodes discuss everything from current developments to the history of Houston. There are generally different guests on every episode. In a recent episode, they discussed the Houston real estate website, Swamplot.com, which announced on March 7, 2019, that...
moreFresh Ideas For Reducing Wear and Tear On Your Rental Property
Steve Shannon
It’s an actuality in real estate investing that all rental properties are faced with wear and tear. As a rental property homeowner, wear and tear are presumed to be a part of regular maintenance, from paint that needs to be updated every few years to carpets that need to be replaced.
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