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All Forum Posts by: Gustavo Delgado

Gustavo Delgado has started 18 posts and replied 152 times.

you should collecte deposit the moment the lease is signed or 24hours max. no deposit, the lease is void. Keys can be given 24 hours or whatever you establish before lease start and when the rent is paid in full. Not sure how you structured our lease but i would move on if no monies have been paid.

If you are not approved, a serious agent will not work with you. Get approved and show any agent you are serious and ready

Post: Tenants or Owner pay HOA?

Gustavo DelgadoPosted
  • Houston, TX
  • Posts 153
  • Votes 94

Owner pays, just add it to the rent along with projected taxes and maintenance 

Post: I need some insight!

Gustavo DelgadoPosted
  • Houston, TX
  • Posts 153
  • Votes 94

Sell it

In a nutshell, yes the buyer will work more 'hours' from start to finish. But It takes time to become a Listing agent or have the bulk of your business be listings. Now, a buyer agent, can greatly reduce their workload with a buyer by qualifying the buyer and being as detailed as possible to better target what the buyer is looking for. I've heard of agents riding around town just opening doors and hoping the buyer will pick something. Now a listing agent will do work before the listing is active (paperwork, marketing and home prep) but once it is active, the listing agent has to be ready to follow up on all leads that come their way and answer all inquiries, but you can do that sitting poolside.

I would be very careful here. I am leaning to saying no but I may ask for additional deposit PLUS additional rent. But you may have to rewrite a whole new lease or amend your current lease for the changes

Post: HOA pay for leak damage?

Gustavo DelgadoPosted
  • Houston, TX
  • Posts 153
  • Votes 94

Condo will not fix interior. UNLESS, there was evidence of a previous roof leak and you made a repair request, but that request was never address. If your request was not handle in a timely manner by HOA board and management company, you have a case that due to their neglect you suffered more damage.

NOW, if there was a recent storm that cause a sudden leak resulting interior damage you may not have much of a leg to stand on because HOA was not neglegent in doing timely repairs, it just happened.

Now if you think they should repair but they won't you will have to sue your HOA (yourself also since you are an owner) Once they board and HOA recieve the letter from your attorney, they will likely just settle and fix your wall inside since it will be way more costly to defend and it may raise they HOA insurance next year, thus passing the cost to you via your HOA dues.

Keep your low rate. Maybe payoff the other rental or just use those funds for a new one.

Post: Having a hard time finding cash buyers

Gustavo DelgadoPosted
  • Houston, TX
  • Posts 153
  • Votes 94

Why are you only looking for a cash buyer? is the property not financeable?  

Post: Rent collection software

Gustavo DelgadoPosted
  • Houston, TX
  • Posts 153
  • Votes 94

I use go4rent.com. They tenant pays $1.95 processing fee, you get your rent sent to your bank account around 5 business days from payment