All Forum Posts by: Bobby Eastman

Thanks I will try to connect with Nick Hughes.

I currently live in a house with 5 other roommates.  We are all on the lease.  I think the landlord did that so she could come after any of us if the rent is not paid. I would put everyone on the lease.  Also stipulate how long someone can have a guest stay without notifying you.  In TX I think the law states if someone stays a certain length of time they can be considered a tenant.

I was at a seminar a while ago and the speaker spoke about renting houses to students.  He said he never rents to students.  He will rent to the students parents but not the student.  That seemed like good advice to me.  

The someone I am referring to is a lawyer or someone who knows everything that needs to be filed.  Minutes of meetings need to be taken among other things.  If you can do it yourself that it great.  I have just read stories of people that forget to keep track of everything and things get messy.

I am looking to set up a lunch, dinner or drinks with other investors in the area.  I am going to be purchasing a 4plex here in the next 6 months. I would love to talk to others about what I should and shouldn't do, hear others experiences and create some new contacts.

Direct Message me if you'd be interested in joining a small meet-up like this. It'd be awesome to get the community together. 

I will be out of town for the next few weeks but would love to get together after that.

Quick notes about me:

From California have been here for almost 6 years

Firefighter

Thought about this for a long time and looking to take the first few steps then start running. Hopefully with others.

Bobby

I would suggest using somebody and then making sure that they will keep doing the filings each year.  You will need to pay them each year but it is much easier from everything I have read to have them keep track of everything that needs to be filed.