All Forum Posts by: James Stevens

@Shawn Dandridge  There is absolutely no difference between Dallas, Fort Worth or Arlington.  (Plus a few others)

Yes, I would.  I would imagine that the properties should be well maintained and holding their value because of it.

I hate to tell you this, but you'll probably never collect on a judgement from eviction.  The eviction process get the tenant out and accesses a judgement against them, but there is really nothing that will ever force them to pay that judgement.

So true @Mark Brogan   No reason to waste money on gurus that are only going to ask for more.

You are correct there.  If a pipe breaks under the slab, it will have to be jackhammered up to repair it.  

@Nancy L. OK, I can understand from that perspective.  I live in central Texas and pretty much none of our houses have basements.  So, houses on a slab are the typical thing.  I have built MANY over the years.  As far as the plumbing, it is actually ran in the sand base under the concrete up until the point that it turns upward to go through the slab and into the house.

I don't really understand the question.  If the house is on a slab, how is that not a foundation?

Are you looking for an "assignment" contract?

I, personally, would be more inclined to go the rental route.  It offers you a good cash flow and will only get better as the mortgage is paid down.  I love the idea of passive income, plus as your equity grows you cold, eventually, use it towards purchasing other investment properties.

That's REALLY messed up!  That's NOT the way to do business!  I completely understand and agree with you putting her name out, which is one of the reasons for my reply.  It'll make this thread see more responses.