All Forum Posts by: Stacy Eisenberg

You don't say what state or city you are in.  For a duplex, it is like any other loan and the lenders should be able to give you a good estimate of most of the fees. I don't use the traditional banks (BOA or Chase, etc...) as their requirements and hoops are so much more than other lenders.  If you have a good realtor, they should be able to direct you to mortgage lenders that are competitive (and I prefer local).  Only do one appraisal after you have selected your lender.

In Dallas, most of the duplex's are sold with only one side.  You can find one with both sides, but it is more common to have only one side for sale.  With that said, I do not know what it would take to split it up, but I like the idea.

Does this group still get together?  I am an investor in the area that would love to network with other BP investors.

Thanks to everyone for their suggestions.  I really appreciate it!

I live in Texas. We have a tenant who texted us last week stating that they have moved out and left keys and garage door openers on the counter - no notice and with 5 more months on their lease. She did not provide a fowarding address and has said that she feels her deposit will constitute the next months rent (as if she had given 5 weeks notice). We have been lucky and have never had to deal with this situation before. What is the proper procedure to take with this? Do I have to file for eviction? Will her text support abandonment? Do I simply tally up the costs, mail the letter certified to her last known address (our rent house) and then try to file in court? Can I file in court without a forwarding address? What suggestions do you have? Anyone with experience (especially in Texas) with suggestions are very appreciated.