All Forum Posts by: Christopher Ward

She tells me it's an Emotional Support Animal 

Hello,

Quick question. A potential tenant has told me she has not paid a pet deposit in the past due to it being a service animal. She has given me a registration number for the pet.

Should I attempt to collect a pet deposit or not worry about it? 

Hello,

Has anyone came across an issue where there was foundation damage due to tenant neglecting to water the yard or failing to report a water leak / report developing cracks in the walls?

Can tenants be held responsible for foundation damage and all other damage associated with the issue?

Thank you,

Chris 

Hello, 

Has anyone came across an issue where there was foundation damage due to tenant neglecting to water the yard or failing to report a water leak / report developing cracks in the walls?

Can tenants be held responsible for that type of damage? 

Thank you, 

Chris 

 Daljit, it would be a total home rehab. Multiple subcontractors would be involved. 

Whoever you have would be greatly appreciated. 

Hello, 

I'm looking to network with good contractors in the south Fort Worth area. 

I live in Burleson Tx and am trying to pick up my first rental property. 

I found a credit union (EECU) That does 80% heloc loans without appraisal and no closing costs. They go off the county tax appraisal number. 

5 year draw period but the payments are interest only. Of course you can always pay down principal without prepayment penalties. 

 Thank you 

Hello, quick question. 

I was told the Texas HELOC loan amount will jump to 75% of your homes appraised value starting in 2018.

However I spoke with Wells Fargo yesterday and they're telling me it's still at 50%. 

Is there any way to get a HELOC in Texas for greater than 50% of your homes value?

Thank you, 

Chris