All Forum Posts by: Chris A.

Never use a s-Corp if you plan on holding the rental for more than one year. S-corps taxes are more favorable compared to personal short term capital gains but less favorable then personal long term capital gains rates.

Usually having an LLC or having it in your own personal name is more beneficial than a c or s Corp if held more than one year.

S-Corp or C-Corp are usually for property flippers.

What part of Houston? I’ve search in and around the loop and the prices are way too high.

If they ask me, I usually reply with “I’m one of the owners” so it looks like I have authority but not completely.

@Braden Anderson nick name them by worse or most memorable tenant that once lived there.

@Stephen Thomas does your property management llc have a loss or a profit?

I have a tenant (2 adults, 2 children, 1 dog and 1 car). So they have been living in this 3 bedroom 1 bath home for exactly one year. 2 weeks ago the tenant texted me saying they want to renew the lease for another year, so I renewed with a slight increase in rent. As soon as I and renewed the lease the tenant wrote me this long message with all these things wronge, including drain smells bad(she’s been putting bleach down the drain to kill the odor, the lights in the kitchen and bedroom are flickering(this ones easily fixable) & the bathroom floor is in-caving because of water damage(she suggested a new shower door). I feel like they withheld that information when they signed the lease and now Im in this situation where the floor needs to be possibly replaced in their only bathroom while they are living there. I don’t know why the drain pipes smell, the flickering lights are easily fixable, but this bathroom floor situation has me thinking about what I should I do. Any suggestions on how I should approach this?

I have a tenant (2 adults, 2 children, 1 dog and 1 car). So they have been living in this 3 bedroom 1 bath home for exactly one year. 2 weeks ago the tenant texted me saying they want to renew the lease for another year, so I renewed with a slight increase in rent. As soon as I and renewed the lease the tenant wrote me this long message with all these thing wrong, including drain smells bad(she’s been putting bleach down the drain to kill the odor, the lights in the kitchen and bedroom are flickering(this ones easily fixable) & the bathroom floor is in-caving because of water damage(she suggested a new shower door). I feel like they withheld that information when they signed the lease and now Im in this situation where the floor needs to be possibly replaced in their only bathroom while they are living there. I don’t know why the drain pipes smell, the flickering lights are easily fixable, but this bathroom floor situation has me thinking about what I should I do. Any suggestions on how I should approach this?

I have a tenant (2 adults, 2 children, 1 dog and 1 car). So they have been living in this 3 bedroom 1 bath home for exactly one year. 2 weeks ago the tenant texted me saying they want to renew the lease for another year, so I renewed with a slight increase in rent. As soon as I and renewed the lease the tenant wrote me this long message with all these thing wrong, including drain smells bad(she’s been putting bleach down the drain to kill the odor, the lights in the kitchen and bedroom are flickering(this ones easily fixable) & the bathroom floor is in-caving because of water damage(she suggested a new shower door). I feel like they withheld that information when they signed the lease and now Im in this situation where the floor needs to be possibly replaced in their only bathroom while they are living there. I don’t know why the drain pipes smell, the flickering lights are easily fixable, but this bathroom floor situation has me thinking about what I should I do. Any suggestions on how I should approach this?

I have a tenant (2 adults, 2 children, 1 dog and 1 car). So they have been living in this 3 bedroom 1 bath home for exactly one year. 2 weeks ago the tenant texted me saying they want to renew the lease for another year, so I renewed with a slight increase in rent. As soon as I and renewed the lease the tenant wrote me this long message with all these thing wrong, including drain smells bad(she’s been putting bleach down the drain to kill the odor, the lights in the kitchen and bedroom are flickering(this ones easily fixable) & the bathroom floor is in-caving because of water damage(she suggested a new shower door). I feel like they withheld that information when they signed the lease and now Im in this situation where the floor needs to be possibly replaced in their only bathroom while they are living there. I don’t know why the drain pipes smell, the flickering lights are easily fixable, but this bathroom floor situation has me thinking about what I should I do. Any suggestions on how I should approach this?

Bank of the west. But it has to be a sfr investment @90% ltv