Today’s housing market is a bit of a seesaw. In 2022, the Federal Reserve hiked its benchmark interest rate six times. Higher interest rates mean loans are more expensive for consumers. But no matter what happens with inflation, people need a place to live. This is leading property owners to look for a means of disposable income. And sometimes the real estate investor may choose a property from another state.
Regardless of where a Realtor’s farming location is, having a Tenant Selection Criteria form evens the rental playing field for all. This uniform rundown is a documented checklist that Realtors can use when selecting, accepting and denying any prospective tenants.
Rental tours can be awkward if the current tenant still lives in the unit. Communication breakdowns can get messy and sour the deal if it's evident to the people interested in moving in that there is a lack of boundaries and respect.
When renters apply for housing, Realtors (and landlords) may have follow-up questions for their potential tenants. No matter how harmless they might seem, some of these questions can violate the National Association of REALTORS (NAR) Code of Ethics and even be prohibited under federal or local law. Here is a list of the questions Realtors cannot ask renters on applications.
There are quite a few Fair Housing Act (FHA) and anti-discriminatory rules that protect the senior population, which is why landlords should make it a point to be familiar with the law.
Residents may experience common problems in their windowless bathrooms. The usual challenges include poor lighting, mold, mildew, dampness, smells, peeling paint and bubbling wallpaper. Excess moisture and poor ventilation are the main causes of these issues, the results of which can lead to health issues and costly repairs. Use these tips and tricks to resolve them all.
Florida homes commonly use ceramic and tile, and tile and stone flooring are popular in Texas homes. All of these household materials vary in durability, life span and cost. Understanding the advantages and disadvantages of these floor types can make this decision easier.
This article will break down tips and tricks to successfully avoid an emergency veterinary clinic visit while also enjoying a bountiful journey into horticulture in a pet-friendly garden.
When designing a small space, just one wrong move can take a room from cozy to claustrophobic. Tenants don’t want to move into a property with limited room to store their belongings. Luckily, there are plenty of changes that landlords can do to maximize storage in even the smallest units.
In the 1920s, architects invented a new home dining experience: the cozy, casual breakfast nook. But after social isolation has significantly ceased, could a breakfast nook still be the way to bring more happiness and comfort to the home experience?
While tenants of rental properties focus on factors such as property quality, location and monthly rent, investors may focus on one overarching factor: return on investment. Here’s what Realtors need to know about how investors generally decide whether they want to invest in rentals.
Move-in/move-out inspection and periodic inspections are important aspects of managing a rental property. By better understanding what to look for during inspections and how often to schedule them, it is possible for landlords to avoid common mistakes.
Agreeing to a contractual relationship, such as a service maintenance agreement, with a vendor could significantly speed up any frantic searches—especially during emergencies and late-night hours.
Today’s housing market is a bit of a seesaw. In 2022, the Federal Reserve hiked its benchmark interest rate six times. Higher interest rates mean loans are more expensive for consumers. But no matter what happens with inflation, people need a place to live. This is leading property owners to look for a means of disposable income. And sometimes the real estate investor may choose a property from another state.
It can be difficult for landlords to tell if someone has a legitimate ESA or simply a pet. Banning a tenant with an ESA could lead to legal action against the landlord. Fortunately, there are ways that landlords can fairly differentiate between the two to comply with the Fair Housing Act.
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Little Elm, Texas, is one of the fastest-growing municipalities in the state for a reason. Just 20 years ago, it was known as a sleepy little lakefront town on Lake Lewisville, but it's since boomed into a rapidly growing suburb with 50,000 people.
Neighborhood Spotlight, Jan 2, 2023
Street musicians, hippies and artists took over the community during the 1960s, and their presence remains today. The LGBTQ+ community has a deep connection with the Montrose neighborhood. And the shops, restaurants and attractions are both luxurious and unusual.
Neighborhood Spotlight, Nov 4, 2022
Located in South Austin, the Travis Heights neighborhood is one of the most coveted places to call home in the capital region of Texas. The community is in a central location near Downtown Austin and has easy access to I-35, allowing a quick and easy drive to other parts of the city. It’s also located within walking distance to SoCo, a lively area in South Congress.
Neighborhood Spotlight, Sep 28, 2022
Renters searching for a growing city that maintains a small-town vibe will fall in love with Georgetown, Texas. This little piece of paradise, just 30 minutes north of Austin, is known for its southern hospitality, booming job market, award-winning education and exceptional quality of life.
Neighborhood Spotlight, Mar 7, 2022
If you’re looking to live in one of the best places in Texas, Sugar Land makes the cut, according to Stacker. With a 2020 population of more than 117K, Sugar Land is the 33rd largest city in Texas and the 249th largest city in the United States.
Neighborhood Spotlight, Mar 7, 2022
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