#header-space{background-color:#ffffff}@media only screen and (min-width:1000px){.container,body[data-header-format="left-header"] .container,.woocommerce-tabs .full-width-content .tab-container,.nectar-recent-posts-slider .flickity-page-dots,#post-area.standard-minimal.full-width-content article.post .inner-wrap{max-width:1425px;width:100%;margin:0 auto;padding:0 90px;}body[data-header-format="left-header"] .container,body[data-header-format="left-header"] .woocommerce-tabs .full-width-content .tab-container,body[data-header-format="left-header"] .nectar-recent-posts-slider .flickity-page-dots,body[data-header-format="left-header"] #post-area.standard-minimal.full-width-content article.post .inner-wrap{padding:0 60px;}body .container .page-submenu.stuck .container:not(.tab-container),.nectar-recent-posts-slider .flickity-page-dots{padding:0 90px!important;}.swiper-slide .content{padding:0 90px;}body[data-header-format="left-header"] .container .page-submenu.stuck .container:not(.tab-container),body[data-header-format="left-header"] .nectar-recent-posts-slider .flickity-page-dots{padding:0 60px!important;}body[data-header-format="left-header"] .swiper-slide .content{padding:0 60px;}body .container .container:not(.tab-container):not(.recent-post-container){width:100%!important;padding:0!important;}body .carousel-heading .container{padding:0 10px!important;}body .carousel-heading .container .carousel-next{right:10px;}body .carousel-heading .container .carousel-prev{right:35px;}.carousel-wrap[data-full-width="true"] .carousel-heading a.portfolio-page-link{left:90px;}.carousel-wrap[data-full-width="true"] .carousel-heading{margin-left:-20px;margin-right:-20px;}.carousel-wrap[data-full-width="true"] .carousel-next{right:90px!important;}.carousel-wrap[data-full-width="true"] .carousel-prev{right:115px!important;}.carousel-wrap[data-full-width="true"]{padding:0!important;}.carousel-wrap[data-full-width="true"] .caroufredsel_wrapper{padding:20px!important;}#search-outer #search #close a{right:90px;}#boxed,#boxed #header-outer,#boxed #header-secondary-outer,#boxed #slide-out-widget-area-bg.fullscreen,#boxed #page-header-bg[data-parallax="1"],#boxed #featured,body[data-footer-reveal="1"] #boxed #footer-outer,#boxed .orbit > div,#boxed #featured article,.ascend #boxed #search-outer{max-width:1400px!important;width:90%!important;min-width:980px;}body[data-hhun="1"] #boxed #header-outer:not(.detached),body[data-hhun="1"] #boxed #header-secondary-outer{width:100%!important;}#boxed #search-outer #search #close a{right:0!important;}#boxed .container{width:92%;padding:0;}#boxed #footer-outer #footer-widgets,#boxed #footer-outer #copyright{padding-left:0;padding-right:0;}#boxed .carousel-wrap[data-full-width="true"] .carousel-heading a.portfolio-page-link{left:35px;}#boxed .carousel-wrap[data-full-width="true"] .carousel-next{right:35px!important;}#boxed .carousel-wrap[data-full-width="true"] .carousel-prev{right:60px!important;}}.pagination-navigation{-webkit-filter:url("https://yourdreamre.com/agressivebreeddogs/#goo");filter:url("https://yourdreamre.com/agressivebreeddogs/#goo");}#header-secondary-outer{background-color:#001345;}.admin-bar #header-outer[data-using-secondary="1"],.logged-in.buddypress #header-outer[data-using-secondary="1"]{background-color:#e8e8e8;}.nectar-button{background-color:#001345;}#header-secondary-outer nav > ul > li > a{border-left:transparent;}#header-secondary-outer nav > ul > li:last-child{border-right:transparent;}.col.span_3.one-fourths.right-edge.col_last{background-color:#cccccc;padding:20px;}#footer-outer .widget h4,.text-on-hover-wrap .categories a{color:#ff6600;font-size:18px;}.container-wrap input[type="text"],.container-wrap textarea,.container-wrap input[type="email"],.container-wrap input[type="password"],.container-wrap input[type="tel"],.container-wrap input[type="url"],.container-wrap input[type="search"],.container-wrap input[type="date"]{border:1px solid #ff6600!important;}.container-wrap,.project-title{padding-bottom:0;}.testimonial_slider blockquote{color:rgba(248,248,248,1);}.vc_col-sm-6.ourteamblock.wpb_column.column_container.col.padding-3-percent{padding-bottom:111px;}.vc_col-sm-6.ourteamblock-contactpage.wpb_column.column_container.col.padding-3-percent.has-animation{padding-bottom:100px;}.vc_col-sm-4.home-page-contactbox.wpb_column.column_container.col.centered-text.no-extra-padding.has-animation{background-color:#001345;padding:30px;}.testimonial_slider blockquote{font-size:18px;line-height:24px;}li#menu-item-619{background-color:#ffffff;padding:0 20px;border-radius:7px;margin-right:5px;}li#menu-item-618{background-color:#ffffff;padding:0 20px;border-radius:7px;margin-right:5px;}li#menu-item-763{margin-left:41% !important;margin-top:-8% !important;}ul#menu-footer-menu{width:400px !important;margin-left:28% !important;}li#menu-item-761{margin-left:14% !important;margin-top:-8% !important;}li#menu-item-762{margin-top:1% !important;} @media only screen and (min-device-width :320px) and (max-device-width :480px){#header-secondary-outer nav > ul > li > a{line-height:19px!important;font-size:16px!important;padding:12px!important;color:#333333;}li#menu-item-41{background-color:#ff6600;}li#menu-item-42{background-color:#ff6600;}li#menu-item-619{margin-top:5px;}li#menu-item-618{margin-top:5px;}a.call-to-action-yes{margin-left:80px;color:#fff;}.wpb_text_column.wpb_content_element.call-to-action{text-align:right;padding-right:40px;}}
Category

Property Management

What a Houston landlord need to know about having a pet in their rental property

By | Energy Corridor, Fulshear, Houston, Landlord, Memorial, Pasadena, Pearland, Property Management, ProTalk, Richmond, Spring, Sugar Land, Tenant, Westchase | No Comments

Hello landlords I have a scenario for you, let’s say you are managing your own rental property and after a few weeks of vacancy you find the perfect tenants. You feel confident about renting your home to them but they say hey, by the way, I have a pet which is a german shepherd. You can meet my dog and you’ll see how well trained and smart the adult german shepherd is.

Would you still rent the property to the tenants?

If you know about dogs you’ll know this dog most probably won’t cause any damages. You also can charge a pet fee, pet deposit and monthly pet rent that seems to be a good deal right?

Here lies the problem. Did you know that your home owner’s insurance can cancel your policy  because this dog lives on the property?

So are you going to deny the qualified applicants just because of their dog?

If your answer was yes. Hold on!! We have a solution for that.

Contact me and let’s discuss these situations in further detail.

 Here at Your Dream Real Estate we take the screening process to the next level by qualifying the clients and their animals (service animals included).

Property Management Houston – Application – Your Assurance

By | Property Management | No Comments

Houston property management Houston, TXProperty Management Houston Tenant Application Screening Process

As a reliable property management firm for the Houston area, Your Dream Real Estate’s innovative tools and strategic marketing is designed to 1) showcase your property and 2) attract the most desirable tenants.

Houston Best Property Management Tenant Screening

With Your Dream Real Estate, a property management firm in Houston, our screening process includes:

  • Conducting background checks
  • Pulling credit reports
  • Investigating criminal backgrounds
  • Determining a history of eviction, broken leases or foreclosures
  • Checking employment and income

Integrity Property Management Assures Best Tenant Placement for Houston Properties

Integrity in our Houston property management practice means that our property managers will communicate with the property owner regularly, so that they are up to date on every detail of their property.

Since our professional property management services include conducting periodic inspections of the Houston properties that we manage, there are two specific instances in which we tell potential tenants not to apply:

  • If a tenant is not okay with us periodically stopping by and taking interior pictures.
  • If they are not okay with us placing a key box on the property during the last 30 days of the property lease agreement to show the home. Your Dream Real Estate’s lease agreement is very specific that we will be marketing and showing the home prior to the current lease termination.

Houston Professional Property Management Business Relationships

As Texas licensed real estate agents in the state of Texas, our Houston property management services represent the property owner first and foremost. As property managers, we are the landlord. The tenant and landlord relationship is a business relationship.

Our reliable property management communication is open 24/7 for tenants and a businesslike and courteous attitude is expected. Anyone who is disrespectful, or in general, displays an attitude during the showing, or application process, may mean that we deny the application. See our complete application process and screening criteria at (https://yourdreamre.com/agents/)

Houston’s Best Property Management is FFHA and FCRA Compliance

Your Dream Real Estate Property Management is in full compliance with FFHA, Federal Fair Housing Act, and FCRA, Fair Credit Reporting Act. Your Dream Real Estate, a property management company in Houston, is also in full compliance with all state and local fair housing laws.

Full Houston Property Management Application Criteria

Please download and read carefully our full property management application process. We also highly encourage applicants to view the property prior to applying. Click here for our Houston Property Management application.

Your Dream Real Estate Houston Property Management looks forward to a professional business relationship with both tenants and owners for Katy, Houston, Energy Corridor, Spring, Westchase, Memorial, Richmond, Sugar Land, Pearland, Pasadena, Fulshear, and beyond! Contact us for all your owner or tenant needs.

What happens when tenant stops paying the rent?

By | Energy Corridor, Fulshear, Houston, Katy, Landlord, Memorial, Pasadena, Pearland, Property Management, Richmond, Spring, Sugar Land, Westchase | No Comments

What happens when tenant stops paying the rent? Advise from Houston Property Manager

You have two options, Number one, be the nice guy and let the tenants enjoy your property for free. But what about the expenses that still need to be paid.

Option number 2, make the right decision, get your property back in the shortest amount of time and put a stop to your losses.

It is important to take action right away. Even if the tenant is asking for more time, you need to send the right notices on time.

A professional property management company, knows when and how to deliver the right notices to save you time and money.

Here at Your Dream Real Estate, we send the notices at no additional charge, just this simple action, will save you time as well as money. Because an attorney will charge for each notice they send.

Contact us if you have any questions or concerns.

How to Hire Property Management Services in Houston

By | Property Management | No Comments

A local, Houston professional property management company can be one of your greatest assets, next to the actual properties that are managed on your behalf. To select a reliable property management service, you need to research professional property management companies. Preferably, property management services should be local to your Katy, Houston, Energy Corridor, Spring, Westchase, Memorial, Richmond, Sugar Land, Pearland, Pasadena, Fulshear, or other Texas community.

The following questions are designed to help guide your process and to help you make a wise decision in your choice of reliable property management services. There’s nothing worse than bad property management. But a great rental management company will result in more money, less risk and much less stress.

Are their property management services local to Katy, Houston, Energy Corridor, Spring, Westchase, Memorial, Richmond, Sugar Land, Pearland, Pasadena, Fulshear, or your specific Texas community.

 It’s important that property managers are local to your community. It provides a connection and offers a sense of community pride and the type of tenants best suited for your real estate.

Does the company leadership own rental properties themselves?

A professional property management team will be active investors themselves. If not, they will not have a clear understanding to know what is needed to excel in your rental market area. They should be able to feel your pain and know everything a landlord needs to deal with to provide reliable property management service.
Are they members of the National Association of Residential Property Managers (NARPM)?

Being a member of a large rental property association such as NARPM means the property management company takes their business seriously. NARPM sets a high standard of excellence in rental property services of professionalism, fair housing practices, and business ethics.

How does the rental management company handle their property maintenance? Do they have local property maintenance team?

It is important to know up front, how they handle their property maintenance. If maintenance for the property is needed, how do they address maintenance issues. And if property maintenance occurs, do they charge anything on top of the actual repair?

Ask about all the fees and expenses for their property management services, including repairs.

Some rental management companies charge a percentage of the rent, some charge a flat fee. Time and effort that a property manager spends on each property, doesn’t change with the rent amount, so why charge more when doing the same thing?

Additional questions to ask as you research a rental management company:

When you contact the property management services, who answers the call? Is it the sales person or someone who is involved in day to day tasks? Does the company use the best property management services software, technology, social media and other strategic advertising and marketing?

Communication is indispensable between owners, tenants, and the property manager. Having great software for communication, tenant screening, streamlining applications and approvals, record keeping, and accounting, is vital for a professional property management company.

Your Dream Home Real Estate Property Management Services in Houston, Katy, Houston, Energy Corridor, Spring, Westchase, Memorial, Richmond, Sugar Land, Pearland, Pasadena, Fulshear and beyond

With Your Dream Home Real Estate property management services, you, and your tenants, can expect superior, first rate rental management. Through the years, we have learned from our successes and failures in property management services. Through these experiences, we have built a successful professional property management business model helping owners with rental management, whether it is one property or 50 properties.

  • Your Dream Home Real Estate management services offers you peace of mind for your rental property management needs. We are active and local in both the Houston and surrounding areas and Austin communities as investors as well as managing rental residential properties.
  • Your Dream Home Real Estate stays on top of your property maintenance needs. By conducting regular property inspections, we will be able to make recommendations on preventative property maintenance which will cut down on the risk of expensive emergency property maintenance repairs.
  • Your Dream Home Real Estate has a flat fee property management model for our real estate management services. Whether the property rents for $800 or $2,000 monthly, there are no complicated percentages to calculate.
  • Your Dream Home Real Estate property management team communicates regularly with you through monthly reports that are emailed as well as available through our owner website portal. Part of our property management services include a web portal for both owners and tenants, so we can be reached 24/7.

Your Dream Real Estate is a family-owned, professional property management and realty company based in Houston, Texas. Contact any member of our team directly by email or phone. We’ll be happy to meet with you.

Flood Insurance Misconceptions in Texas

By | Buyers, Landlord, Property Management, Sellers | No Comments

Today’s Pro Talk is about flood insurance misconceptions.

Since 1978, the NFIP( National Flood Insurance Program) has paid nearly $50 billion for flood insurance claims and related costs. Don’t be a victim.
Here are some misconceptions about flood insurance you need to know:

  1.  your homeowners’s policy does not cover flood related issues. They are two different policies.
  2. Flood insurance is an affordable investment. Imagine a few dollars you spend now to protect your home against all flood related cost which could add up to thousands of dollars, not to mention your irreplaceable belongings, something to think about.
  3. No need for flood insurance with history of no flooding. This does not hold true anymore. In fact, 25% of all claims paid are loses due to homes locate in the neighborhoods effected by flood in the low-to-moderate risk which probably never flooded before.
  4. Is the flood insurance required by mortgage companies? While that is true at times, most companies only demand homeowner to carry a flood policy if they live in a special flood hazard area. You can not afford not to be covered.

How to Qualify Applicants – Finding the Right Tenant For Your Rental Property

By | Landlord, Property Management | No Comments

There are 3 main areas for qualifying the applicants for your rental property.

First, as a landlord, you should be familiar & practice Fair Housing Laws. You can not discriminate against protected classes. You should also deliver to the applicant the Qualification Criteria form before they apply.

Second, You must run a back ground check including criminal, rental, eviction, and credit. Using the right tools are essential in this process & you must rely on a very comprehensive system that covers a nationwide data base.

Third. A through examination of income& employment will determine the persons ability to make the monthly payment. Make sure the employment is contiguous & not a temporary job and the W-2s & pay stubs are verified as well.

Do I Need a Home Warranty for My Houston Rental? Advice from a Property Management Expert

By | Property Management | No Comments

For many people, purchasing a home warranty for the house they live in makes a lot of financial sense. The protection that’s provided is worth the investment you make. However, when it comes to your rental property, there are different considerations that need your attention when it comes to deciding whether or not you need a warranty.

Each home warranty company is different, and they all have their own procedures and requirements. If you decide that you want a warranty, talk to a property manager or a Realtor so you can get a referral to a reputable company.

Your decision to purchase a home warranty really depends on your ability to respond to maintenance issues at the property. If you have a good network of contractors and vendors who are reliable and provide excellent work for affordable prices, a home warranty may not help you much. Some warranty companies will not be as fast as your own vendors when it comes to fixing a problem. That can be difficult for your tenants, who will want the problem taken care of as soon as possible.

Many professional property managers advise their clients to avoid home warranties. We prefer trained maintenance professionals who can get to the property right away and handle the problem quickly and Do I Need a Home Warranty for My Houston Rental? Advice from a Property Management Expertefficiently. Not all home warranty companies understand the urgency of a maintenance situation, and they will schedule the work several days or even weeks after it could be completed. There’s also the problem of the vendors they use. Many warranty companies have a specific list of contractors that do the work, and your favorite contractors may not be on the list. That means you’ll be getting someone you’ve never worked with before; someone who doesn’t know your property.

If you would like to talk about the pros and cons of purchasing a home warranty for your rental home, please contact us at Your Dream Real Estate. We’d be happy to share more information.

Dealing with HOA Violations – Houston Landlord Advice

By | Property Management | No Comments

When you own a property that happens to be part of a Homeowner’s Association or an HOA, there are a few extra things you often have to do as a landlord or a property manager. Not only do you need to make sure your tenant pays attention to your own rules and regulations, you also have to make sure your tenant understands the requirements of the HOA.

Lease Information

Your lease agreement needs to address and include everything that’s required and prohibited by the HOA. In most cases, tenants violate rules simply because they don’t know them. When you are able to provide all the rules and regulations of the HOA, the tenant will know what is expected. Be clear about what the violations might include and make sure your lease states how any violations will be handled.

Communication

Communicating with both the HOA and the tenants is critical. You’ll want to hear both sides whenever there’s a dispute, and find out if a mistake has been made or if your tenant really is in violation of something. Don’t jump to any conclusions and make sure you maintain a positive, respectful attitude when you’re dealing with all parties.

Stay Involved

It will help if you aren’t a stranger to your HOA. Make sure you know who is on the board, and even though you aren’t living at the property yourself, you still want to keep yourself in the loop. Follow any updates and communications put out by the HOA and make it a habit to read the board meeting minutes. If you don’t have Dealing with HOA Violations Houston Landlord Advicetime to stay on top of these things, work with a property manager who can handle the relationship on your behalf.

The relationship between you, your tenant and your HOA does not have to be combative. Make sure everyone understands what is expected, and you won’t have many problems.

If you have any questions about HOA violations, contact us at Your Dream Real Estate.

How to Renew a Lease as a Landlord in Houston – Property Management Tips

By | Property Management | No Comments

A successful landlord wants tenants who pay rent on time, take care of the property and stay for a long time. When you’re able to retain great tenants, you have lower turnover and vacancy costs, and your investment is able to grow in value. If you’re wondering how to renew a lease with your tenant, there are a few specific steps you need to follow.

Raising the Rent

Before you discuss lease renewal with your tenant, do a little research and decide whether or not you should raise the rent. If the rents in your market are climbing, you’re probably entitled to raise it a little bit. Just be careful, and keep the amount reasonable. If you have a great tenant who pays on time and causes little trouble, you don’t want to go chasing that tenant out of your property with an unrealistic rent increase. Don’t give good tenants a reason to leave your property.

Proposing Renewal

At least 30 days before the end of the lease, you’ll need to contact the tenants and find out if there is any interest in renewing. If you want your tenant to stay, make sure you say that. Showing tenants that you appreciate them is important. It’s also a good idea to offer an incentive, especially if a tenant seems undecided. Perhaps you can offer carpet cleaning or fresh paint or even a gift card to their favorite restaurant or store.

Inspect and Document

How to Renew a Lease as a Landlord in Houston – Property Management TipsOnce you and your tenant decide to renew the lease, conduct a thorough inspection of the property. This will help you and the tenant to determine what needs to be done and it also gives you the opportunity to make sure there isn’t any maintenance that needs to be done. Put any repair requests in writing, and make sure your lease is also renewed in writing.

Renewing a lease should be fairly straightforward, especially if you’re pleased with your tenants and your tenants are happy living in your property. If you have any questions about the process or what you need to do, please contact us at Your Dream Real Estate, and we’d be happy to provide more information.

Fair Housing Laws in Houston & What Investors Should Know Before Renting Out a Property

By | Property Management | No Comments

As a landlord, it’s important that you’re familiar with the fair housing laws. They are meant to protect people from discrimination when it comes to housing.

Protected Classes

There are seven protected classes of people, and none of your marketing materials, screening techniques or criteria for accepting or declining tenants can violate their rights. Those protected classes are;

  • Race
  • Color
  • National Origin
  • Religion
  • Sex
  • Disability
  • Familial Status

Disabilities are wide-ranging and they can be mental as well as physical. It might include someone who alcoholism or PTSD. Some tenants and applicants will require service animals, and you need to know how those differ from pets.

Tenant Qualification Criteria

Many landlords make mistakes with fair housing laws unintentionally. You can protect yourself from these potential errors by establishing a tenant qualification criteria and then applying it consistently to all applicants. You also need a written privacy policy that explains what you do with an applicant’s personal information. Remember to treat every applicant the same way – don’t make exceptions for one person and not another. That’s how you can get in trouble.

Accepting Applications

Document the date and time that you receive each application. That way, if you have several tenants who are qualified, you can offer the home to the first person who applied. When you deny an applicant, send an adverse action letter so they understand Fair Housing Laws in Houston & What Investors Should Know Before Renting Out a Propertywhy they were denied. Finally, never share an applicant’s personal information with other people. You need to protect their credit report and other materials.

Fair housing is an important part of owning and managing rental property. In addition to treating everyone fairly, you need to keep all tenant areas clean and in safe condition so people with disabilities don’t have trouble. If you have any questions about this topic, please contact us at Your Dream Real Estate.