All Forum Posts by: Sal Flores

Hi BP's

I was offered to buy a house that has fire damage caused by electrical panel, does anyone knows if houses with fire damage need to have special inspection after is repaired or fixed up? in order for refinance or sell it up? Or if it would be records on title that the house was on fire?
I am looking to buy this house for buy and hold (BRRRR), cash offer, and this in Texas

Thanks for any advise!

Sal

@Bruce Lynn, many thanks for the response and advise!

Many thanks for the response Andrew!

Hello BP's

What is the process to buy a property direct from owner in TX? 

I have purchased several properties using RE agent, but now I am looking to buy direct from owner, should I use the Texas regular contract?
"ONE TO FOUR FAMILY RESIDENTIAL CONTRACT (RESALE)" - Regular form
And then call the Title company and inform the intent of purchase?

Thanks for your support and guidance!!
Sal - El Paso TX

@Robert Melcher, @Account Closed, thanks for the valuable information, I was looking how other LL's are doing, both are great information

@Matthew Kreitzer, great advice Mathew, Thank you!

@Account Closed, I am looking to including the term on the new leases going FW, I recently had a tenant who had pest control problem in one of my properties, since the agreement was expired with option to be auto renewed for 30 days, the tenant just putted the 30 notice and left the property so I had to deal with the pest control problem.

@Fred Heller, thanks, I believe that term seems fair, tenant to be responsible for other than wood damaged i.e. caused for termites, Thank you for the advice

@Laci J., I am looking how should I specify according to the law, and how in some point the tenant can be responsible, i.e. if the lease terms can obligate to the tenant to cover any property damage in case of a mice, something like that

Hello BP'ers,

I have been using the Texas Residential Lease agreement (I am in El Paso TX) for some time now, besides this template does not have a specific term in regards of "Pest Control", other than it mentions to keep the property in good sanitary conditions.

1. Does anyone know if I can add a term to the agreement, to have tenant responsible for pest control after certanly weeks of taking possession of property?

2. Or if anyone knows where I can find out about this

Thank you

Sal