All Forum Posts by: Bryan La

 I downloaded one from law depot but haven't used it yet. I have a few short term rentals but want to convert to long term leases. Thank you 

Hi BP family!

I'm in Texas and screening new tenants. Do you require your tenants to have renters insurance? If not do you have them sign something saying the landlords insurance does not cover their property?

Thank you

Hi BP!

I'm interested in leasing a residential unit in Texas and want to be sure I'm covered. What rental agreement form do you recommend?

@Tenetrice Johnson Congratulations! That's great to hear

@Jacob St. Martin thank you for reply. I'm going to order that book. I've been renting on Air bnb but I want do long term now

@Bob Stevens thank you. Do you recommend a background check and credit score check site ?

Hi BP!

What's your process and requirements for screening tenants? I'm in Texas

Thank you

@Kevin Sobilo thank you for your feedback

1. Yes I plan on using proceeds from the sale to complete rehab. I'm also approved for a commercial loan but I thought I should have my money work harder in a multi family. My mortgage is $1530 a month includes principal, interest insurance, taxes and long term rent is $2400 a month. Current value is $375k and I owe $199k

2 Yes that's true

3. I did a cash out refinance March 2021 and I'm not sure I can do it again.

Hey Bigger Pockets! I have a SFR with 150k equity and I want to sell it and put money down for a small multi family and rehab it. Should I sell my SFR now and put equity in a 1031 exchange until I find a BRRRR multi family or look for the multi family and have the offer contingent on my SFR sell ?

Thank you I appreciate your feedback

@Chris Seveney thank you for responding. How do you recommend I own tbe properties?