Posts by Jaxon Texas

Understanding the tax implications of improvements to property is vital for long-term property investment success and management. Improvements may alter calculations of capital gain when selling, potentially increasing tax liability for investors. Furthermore, improvements not only increase worth but also cost basis, reducing taxable gains significantly and allowing property owners to make sound financial decisions…

Cities are reevaluating their traditional move-in cost structure to alleviate renter financial strain. Previously, tenants had to pay multiple months’ rent upfront, creating barriers for lower to moderate-income households. Housing advocates and city governments are proposing alternative payment models and policy reforms to lower initial costs, thereby making rental housing more sustainable and equitable. Legislation…

Tenants often desire to enhance their properties’ comfort and aesthetics by installing custom blinds, interior design, or light control. However, these changes may raise legal and contractual concerns. To maintain uniformity and safety, tenants should be informed about custom window treatment regulations and avoid making changes without permission from landlords or property managers. This helps…

Real estate investing offers financial independence, but in today’s market, capital alone isn’t enough. Rising rents across America present new opportunities for property owners. Success requires sustainable and strategic property purchases, as well as professional property management. Consistency, planning, and diversification are essential for success. Investors who quickly adapt to market realities and manage investments…

Setting an accurate rental rate is crucial in today’s competitive rental market. It goes beyond matching average local rent and involves strategically positioning properties to attract tenants, reduce vacancies, and build long-term value. This involves considering investor goals, market demand expectations, value provided, and asset appreciation potential of property investment. Choosing the optimal rent rate…

Online auctions are crucial in the tech-driven real estate market for investors seeking quick portfolio expansion. They have become mainstream for buyers of single-family homes, commercial buildings, and multifamily units. Virtual bidding environments like IbidrealEstate continue to expand remote investing opportunities. Understanding the risks and rewards of real estate auctions helps property managers and investors…

Assessing renters’ ability to pay is of utmost importance in real estate management, helping ensure consistent rental income while mitigating losses due to vacancy. Unemployment benefits offer less-traditional, yet more relevant ways of verifying income when economic uncertainty or transitional employment exists. While unemployment benefits may qualify in most jurisdictions as proof of income, their…

Homeowner Associations (HOAs) require members to pay assessments and dues on time, which can lead to suspension of membership privileges like voting in community affairs or accessing amenities. Property managers and homeowners must understand these suspension processes, their legal implications, and potential penalties. HOAs exist to uphold community standards and make sure homeowners pay their…

Rent payment reliability is of utmost importance for property managers and landlords, who often rely on the “3x Income Rule” when screening tenants for rental apartments. According to this rule, household income must exceed three times what was charged monthly. This rule has long been employed within the rental industry, though its limitations should also…

The rental market is constantly evolving, necessitating efficient operations for property managers and landlords to maximize tenant experience and profitability. An online rental application system has emerged as a significant advancement, allowing for efficient gathering, processing, and assessment of prospective renters without causing unnecessary hassle. Online rental applications are a reliable method for gathering essential…