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All Forum Posts by: Mak K.

Mak K. has started 90 posts and replied 207 times.

For Texas Eviction Notices, what are my options to send the notices. I am not able to physically send the notice at the door. My tenant asked me for extension for 10 days which I am ok but still I would  at-least send the notice so I can start eviction on 11th day.

I already sent the pdf of the letter online thru Cozy.com. I am planning to send physical notice by USPS Priority Mail. Is that enough or do I really need certified mail. Because if I am not wrong, you cannot do certified mail on flat rate Priority mail service? 

Post: Cares Act and Eviction Process

Mak K.Posted
  • Posts 208
  • Votes 31

Hi,

I am looking at Harris County (Houston TX) and they mention sworn petition to cover statement:

  1. 1> that the premises is not a covered dwelling subject to the moratorium on evictions imposed under Section 4024 of the CARES Act;
  2. 2> that the plaintiff has complied with the 30 day notice to vacate requirements under the CARES Act;
  3. Question#1 Does that mean the tenant can stay for 30 days before I can evict them? This is my first eviction attempt and I am clueless how to go about it. As a first step, I did send notice to quit (3 days).
  4. Question#2: Can I got go to any court in the county to file eviction?

Post: Eviction- Texas- zip 77449

Mak K.Posted
  • Posts 208
  • Votes 31

Hi

Its my first property and tenant failed to pay the rent on time. Gave her a week but still has not made the payment. I already have send her eviction notice by email and certified standard mail.

What should be my next step? How do i find what court to go? And what documents would i need? Am in zip 77449.

Also should i make her offer to vacant the house? How much is $ to vacate. Tenant pays $1600 and has been for only 3 months.

So is this eviction law in effect immediate or needs approval process from government? So if by 3rd tomorrow, I do not get rent, is it I cannot send a notice to the tenant? Or Should I send notice to the tenant but cannot proceed to court?

Maybe one month leases at a time. One month deposit. Lease is over, you can evict

This is like encouraging tenants not to pay the bill. After few months, they are going to walk out. If they cannot pay one month, what makes you think they are going to pay for 4 months together. And even if they have that saving, they may just stay for free for few months, and take the savings to make it a down payment for a mortgage for new home.

If you sell or buy a property, does it give you the right to end the lease? Will this force tenant to move

Post: Late fee Calculations

Mak K.Posted
  • Posts 208
  • Votes 31

Thanks.

Post: Late fee Calculations

Mak K.Posted
  • Posts 208
  • Votes 31

How is late fee calculated. 

Lease states:

Rent due 1st of the month. If rent not received by 3rd, a initial late fee $75 will be charged. additional $25/day thereafter for until rent and late charges are paid in full.

I use cozy to get electronic ACH payments. So if tenant pays me on 6th, my late charges should be $75+ $25 (Aug4) + $25(Aug5). 

Question#1: Should Aug 6th be included or not?

Question#2: In a scenario that Tenant pays on Aug 6th, and it bounces and I come to know on Aug 8th of bounce payment. Now tenant gets a bounced check fee per lease +$75+ Late fee till Aug 8th.

Am I doing the math correct.

Post: Building a new fourplex

Mak K.Posted
  • Posts 208
  • Votes 31
Originally posted by @Juan Ramos:

Hi. I own two triplexes in a small town near Phoenix, AZ. All the units are occupied and a lot of people is still asking  if there are any units available. I'm thinking the possibility of building a fourplex in the ame area. At first, I thought about building two Fourplexes next to each other but I found out that regular banks don't do construction loans for investment properties any more. Now my idea is to build one building first, finance it to pull my money out and then build the other building. I'm familiar with remodeling but not too much with new construction so I'm not sure how much I'll need to get it built. I was told to consider $100 per sq ft as a rough calculation but I would like to get some advise from someone that is experienced and/or familiar with this. 

Any updates on your project? I am curious.