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All Forum Posts by: Account Closed

Account Closed has started 6 posts and replied 7 times.

Post: Closing on January, Who pays for prior year property tax?

Account ClosedPosted
  • Houston, TX
  • Posts 7
  • Votes 0

Thanks everyone for the input. Different state rules had me confused.

Post: Closing on January, Who pays for prior year property tax?

Account ClosedPosted
  • Houston, TX
  • Posts 7
  • Votes 0

I will be closing on my first property in the last week of January. Do I have to pay for the prior year's property tax?

Post: Homeowners insurance FHA loan

Account ClosedPosted
  • Houston, TX
  • Posts 7
  • Votes 0

I am about to close on my first house in a couple of weeks. Do I have to pay one year of homeowners insurance out of pocket at closing or can i roll the amount in my mortgage.

Post: Renting a SFM to multiple unrelated tenants

Account ClosedPosted
  • Houston, TX
  • Posts 7
  • Votes 0

I'm currently looking to buy a 4/2 SFM and rent it to university students. I don't know if this is legal because I've been searching the harris county zoning laws and couldn't find anything related to this matter.  This house will be my investment property since I'm closing on my first house which I will live in and house hack.  Does anyone here in houseton have any advice?

Post: Parents partially funded my first deal

Account ClosedPosted
  • Houston, TX
  • Posts 7
  • Votes 0

My parents helped me pay for the inspection and appraisal fees for my first deal. Are there any tax implications regarding this matter?

Post: Prospective Tenant Screening

Account ClosedPosted
  • Houston, TX
  • Posts 7
  • Votes 0

Does anyone here in Houston know how to do a background check on a tenant? I need advice on how to learn the process and forms required to do background checks.

Post: House Hacking in Houston

Account ClosedPosted
  • Houston, TX
  • Posts 7
  • Votes 0

Hello everyone, I am getting ready to buy my first house in Houston which I plan to house hack. I was looking around near the UH main campus since I study there and know many students, and also have a good relationship with my fraternity brothers. The problem is that the properties that I can afford near the campus are in bad neighborhoods (sunnyside&south park). I'm still looking for houses within the loop and I would like some advice on how I can attract and find good tenants before my first mortgage payment?