All Forum Posts by: Doug Spartz

I have to agree with the other posts, I will not own a rental SFH with a pool Just another maintenance item and one I could not trust the tenants to keep up. A pool maintenance contract would eliminate any positive cash flow.

I have 8 units in the Houston area including SFHs, apartments, and a condo. This year I have increased the SFHs and condo between 4% and 11% depending on the rent comps in the area. I don't expect I will be able to raise the apartments anytime soon. Before the lease expires, I search HAR.com, The Greensheet, and rentometer.com for comps. Between hazard and flood insurance and property tax increases, I feel I am just breaking even. Replacement of roofs, A/C units, and sewer line repairs have been pretty heavy recently so there is no positive "cash flow", but I am in for the long haul.

I have used Kim Spurlock for work associated with my real estate business. She is located in Humble so she is in your neck of the woods.

http://spurlocklaw.com/

I have used Kim Spurlock http://spurlocklaw.com/ and consulted with John Currier at 281-890-7090. Good luck. I was told that in Texas, there was very little chance I could recoup anything, even with a judgement, given my tenants basicly live paycheck to paycheck. Would be putting good money after bad.