Landlord-Tenant

Austin renters to pay more late fees with new law

July 29, 2007

The brilliance of our Texas Legislature is on display again as a new law, HB 3101 which will go into effect Jan 2008, has been passed that will produce greater late fee income for landlords by ensuring that more renters pay their rent late. Undoubtedly, this is not the outcome hoped for by State Representative [...]

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Quick-turning an Austin rental home – pros and cons

July 3, 2007

I moved two new renters in on Sunday July 1st. Both moved into homes that had been vacated by tenants with leases ending Saturday June 30th. There are all manner of things that can go wrong with such a tight turnaround, especially on a weekend. Nevertheless, I’ve always been a proponent of quick-turning a rental [...]

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Showing Property Only After Offer Received

June 5, 2007

I’m making phone calls to preview a batch of homes this morning for an investor. One of the listings has showing access as “Appointment with Agent”. I called the agent and the conversation went like this: Me: Hi. It’s Steve Crossland with the Crossland Team at Keller Williams. I want to preview {property address} today. [...]

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Austin Landlord Tales – The Risks of Real Estate Investing

September 17, 2006

I belong to a couple of email lists for professional property managers. One is local to Austin. The other is National and includes over 140 owners of Property Management companies from across the U.S. These forums provide a resource where Property Managers can ask questions, share advice, trade business ideas, etc. The egroups raise the [...]

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