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Breaking a Lease in Texas: What It Means for You and Your Tenant

Landlords and tenants enter lease agreements with the intention that tenants will stay until the end of the contract. However, in some cases, leases are broken due to unexpected life events or from one party being unaware of all the lease terms. Lease agreements bind the renter with the responsibility of paying a fixed amount […]

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Estate Planning for Property Investors

Everyone needs an estate plan, regardless of the estate’s size. For property investors, having an estate plan strategy in place is important for asset protection, planning for taxes, and handling transfer of ownership. There are three basic elements of an estate plan: Will – this is a document that lets you designate how your property […]

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Security Deposit Laws in Texas

Many residential leases and rental agreements require a security deposit in Dallas, Texas. This deposit should cover damage beyond normal wear and tear. In most cases, the deposit amount to a month’s rent. The Texas landlord-tenant laws ascertain security deposit rights for both sides. Whenever you handle a tenant’s security deposit, you need to comply […]

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Pros and Cons of Self-Managing Your Dallas Rental Property

Should you self-manage or hire a property management company for your Dallas rental property investment? Each choice carries its own set of advantages and disadvantages. Let’s explore the respective pros and cons of self-managing and hiring a property management team for your Dallas property. PROS: No property management expenses This is, by far, the best […]

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6 Things to Look for in a Property Management Company

Knowing how to choose the right property management company is as important as knowing what to look for in the right partner.  How to find the right company is all about where to look. Knowing what your property management company should do for you is the other critical part of the process.  Here’s what you should look for in […]

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Know Your Property Management Tax Deductions

Your rental properties are a business. As a landlord, you’ll owe taxes on your Uptown Dallas investment properties. A profitable business requires you to minimize expenses to maximize your bottom line. From making affordable upgrades (rather than extravagant upgrades) to keeping tenants in your properties, you want to keep as much of your hard-earned cash as you can.  […]

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When Should a Landlord Start Using a Property Management Company?

Property management companies can be a colossal resource for your business,, however they don’t come shoddy. Also, there are different reasons why you probably won’t need or need one. Precisely survey the components talked about beneath to decide whether contracting a property administration organization is the correct move for your business. What Does a Property Management […]

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Is a Month to Month Lease Better for Landlords?

For a few landlords, keeping units involved starting with a month to month then onto the next and dodging startling opportunities is a noteworthy wellspring of stress. Most proprietors depend on term leases to keep tenants set up for a set timeframe; however would you and your inhabitants advantage from an elective course of action? […]

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