All Forum Posts by: Soumya Brijesh

I am offering a Partnership opportunity in value add a hotel in South Padre Island Tx. 

Offering 10% equity for $160k 

Txt me at 929-266-8963 if interested

We have a value add property (52 rooms) under contract in South Padre Island Tx that is scheduled to close in 30 days. Offering a partnership opportunity at 100k for 10% which will yield a 12% preferred return plus 2x the investment in 3- 5 years.

Text 929-266-8963 if interested. 

Hello All, 

i had hired a realtor to lease my unit. she got a tenant and got the tenant to sign her version of the lease , basically the standard form from Texas Association of realtors. 

But after a month or so I realized that she had made mistakes on lease. like charges on late fees is different , the parking spot assigned is wrong. 

I can't get hold of the realtor to fix the lease now I'm stuck. how should i proceed with the tenant ? 

Hi, i have a tenant asking me to remove a dependent from the lease. she has her bf as a dependent on the lease. Should I create  new lease or is there some kind of amemdent form that I I could use? 

the property is in texas 

looking for your advise please

i have an 8plex in Texas and recently found that Tenant changed locks and have more than 8 people in a 2bed2ba apt, 

Plus there is pest infestation. They signed a lease about a month back with me. 

Need advice on how should I proceed? I self manage this property. 

@Joseph Ryan thank you 

@Jake F. thank you so much for the insights. 

Hello BP Community, 

I just purchased an 8-plex in the McAllen Tx area and wanted your thoughts on how you manage it. 

Some specifics about the units

All 8 units are adjacent to each other in a row. Each unit has access to a backyard. 4 Units have it as private and 4 shares it with each other. 

Upon speaking to the tenants, they claim:-

1. The previous landlord paid for Pest Control inside each unit. (i looked at the previous owner lease no mention of pest control)
2. The previous landlord changed the A/C filters for every unit
3. The previous landlord provided light bulbs.
4. Is that common in Texas? I recently moved to Texas so I am not familiar with the rules and laws here.

@Eric Caraboolad finding a good PM is always a challenge. I have had a couple of PM's in the Cleveland area. All I can tell is the worst of the bunch is Holton Wise. Never use them.