Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 11 years ago on . Most recent reply

User Stats

27
Posts
2
Votes
Shevaughn Rawlins
  • League City, TX
2
Votes |
27
Posts

Renting During Redemption Period

Shevaughn Rawlins
  • League City, TX
Posted

Hello Bigger Pocket Family- I am in the market to purchase my first tax lien property. After receiving rights to the property, I plan on finding a renter. My first question for everyone is- Can I rent the property out during the redemption period?

If the answer is yes, can I rent the property out to a tenant receiving section 8 housing?

I would like to thank everyone who responds in advance!!! Also, I'm open to any additional information or recommendations. This will be my first purchase and I want to make sure that I take everything into account to prevent this investment from being an epic fail!!!

Most Popular Reply

User Stats

303
Posts
320
Votes
Tom Yung
  • Investor
  • Winnipeg, Manitoba
320
Votes |
303
Posts
Tom Yung
  • Investor
  • Winnipeg, Manitoba
Replied

@Shevaughn Rawlins

In texas,

1) you can collect rent from the tenant during the redemption.

2) you can make structural repairs to the property, NOT COSMETIC to the repair & maintenance of the property.

3) all the cost relate to the maintenance can be charged back to the owner when redeem.

4) redemption period- 6 months for non owner occupied & non farm land, otherwise 2 years.

5) owner status starts at the suite day, not tax sale day.

6) TX is redeemable deed state, not lien.

Loading replies...