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Owner guides

Owner guides, page 45 of 46

The questions owners ask before they hire a property manager, answered by one. Search, or pick a topic.

Showing 397–405 of 412 guides

Owning & Investing

Should I sell my Keller house or keep it as a rental?

Keep it if the rent covers the true carrying cost at Keller's non-homestead tax level and you would hold for years; sell if you need the equity or the honest cash flow is negative.

Owning & Investing

How do I work out whether the rent will cover my mortgage, taxes, insurance, and management?

Add up the mortgage, taxes at the rental level, landlord insurance, management, HOA, a maintenance allowance and a vacancy allowance, then compare with rent from leased comps. Here is the worksheet.

Owning & Investing

How much should I set aside for repairs and vacant months before renting out my house?

Fund three buckets before you list: the make-ready work, a vacancy cushion of about two months of rent, and a repair fund sized to the age of the big systems. Here is how to size each one.

Owning & Investing

Can a property manager review a DFW house before I buy it as an investment?

Yes, and the time to ask is during the option period. A manager's review covers what the inspector does not: achievable rent, make-ready cost, HOA leasing rules, tenant appeal and operating cost.

Owning & Investing

Can a property manager help me plan for more rentals as my portfolio grows?

A manager cannot tell you how much to borrow, but a local one with your data can tell you what each house really earns, what to buy next, and what breaks when you go from two rentals to six.

Owning & Investing

Can a property manager help me sell a rental with tenants still living there?

Selling with a tenant in place works when the showings, the paperwork and the tenant's cooperation are handled by someone who already has the lease, the ledger and the relationship. That is the manager.

Getting Started

The Accidental Landlord's Complete Guide

Became a landlord without planning to? The first sixty days decide most of what follows: insurance, pricing, screening, the lease, maintenance, the money and whether to hire help.

Tenants & Leasing

How Professional Tenant Screening Actually Works

Ask any experienced landlord about their worst year and the story usually starts with "the application looked fine." Here is the professional screening method, step by step: written criteria, credit, income, rental history, background checks and the Texas rules around them.

Pricing & Fees

How to Price a Rental Property (the Way Professionals Do It)

Every other decision in rental ownership operates inside the frame set by one number: the rent. Here is the professional method: leased comparables, honest adjustments, the seasonal calendar and a two-week market test.

Want the answers applied to your property?

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