Disagreements between tenants and landlords regarding rent increases sometimes happen, but can be avoided with proper knowledge of the rules as well as by following some key steps. In essence, tenants provide financial support to landlords in exchange for housing, yet disputes over rent often lead to tension especially in these higher than normal inflationary […]

Property management companies are hired to handle the day-to-day operations of properties and offer resources and expertise that owners often cannot provide themselves. Their goal is to to lease properties quickly and ensure tenant satisfaction throughout the lease term to increase the likelihood of renewal thereby reducing churn, which has a heavy impact on ROI. […]

Securing a tenant who pays rent punctually, communicates issues promptly, and respects your rental property is a feat worth celebrating. Once you’ve found such a tenant, it’s in your best interest to maintain a positive landlord-tenant relationship and keep them renting from you for as long as possible. In this article, we’ll provide you with […]

In the realm of real estate investing, continually seeking avenues to enhance property value is paramount. By doing so, you not only bolster the return on equity of your rental property but also fortify its long-term viability. While there exist numerous strategies to achieve this goal, three fundamental approaches consistently yield results, especially when complemented […]

When a tenant moves into your residential rental property, they typically provide a security deposit equivalent to 1 month’s rent plus an additional deposit for each pet. This deposit is held in trust by a property manager until the end of the lease term. In Texas, landlords or property managers are legally required to refund […]

When managing a rental property, it’s crucial to distinguish between “normal wear and tear” and tenant-caused damage. As a landlord, this understanding helps determine whether to refund the tenant’s security deposit or withhold it for repairs. Clear guidelines prevent disputes and ensure compliance with legal requirements. What Constitutes “Wear and Tear”? Normal wear and tear […]

Mold, though natural outdoors, poses serious health risks when it infiltrates indoor spaces. For residential real estate investors, preventing mold growth is paramount and swift action must be taken upon its discovery in rental properties. Let’s delve into why mold is hazardous, your legal responsibilities regarding mold, and how partnering with a reputable property management […]

The following is based not only on our first hand experience, but also from discussions with thousands of people involved in residential real estate including owners, contractors and agents. Many residential real estate investors new to the business or new to property management ask whether we work with home warranty companies. Based on our experience, […]

Squatting has been on the rise recently. A squatter, in essence, is an individual who occupies a property without legal title, rights, or a lease agreement. Despite their lack of formal rights, squatters are afforded certain protections under federal and state laws. Understanding these rights is crucial for property owners in Texas to safeguard their […]

Ever browsed through real estate listings only to stumble upon blurry, cluttered, or poorly composed photos? It’s not just an aesthetic issue – it can significantly impact the success of your residential real estate property listing. Luna Property Management Group includes a FREE professional photo shoot on all of our plans. Let’s delve into why […]