All Forum Posts by: Steve Tse

@Richard F. You are missing my original point, my PM would not provide me with any information about the tenant after they already signed the lease. This has nothing to do with Fair Housing law because the lease has already been signed and the disclosure about the tenant would have not made any difference here.

could you give us some examples of what info you would carefully share with the owners ?

I agree with you Sandy, but I suspect that there are legal reasons for PM not disclosing the details. For example, sharing the personal information about the tenant might have been only allowed by PM and the tenant who payed for it. I am curios to hear from other landlords who were in the same situations...

Hi BP Community,

I recently hired a new property management company who found a tenant(s). My question is what legally, am I allowed to ask the property management about the new tenant ? The property is located in Texas.

The specific info I am interested in is:

Tenant credit score, previous lease history, tenant income, background check results and possibly the size of the family.

Thanks

This is just a general question, not specific to a location or a region

This is a general question to anyone in BP community who has ever worked with New Western Acquisitions or their agents. I am curios to get your experience with buying properties from this company either good or bad? I am specifically interested in learning if you feel it was beneficial to you and if you have any tips, recommendations or just general reviews for new or out of state investors ? 

Hi Folks,

Can anyone recommend a local and experienced RE attorney in Killeen, TX area ? I would like him/her to review my closing documents and make sure the deal is done right from the legal stand point.

Love this community

Looking to see if there are any wholesalers in the Killeen, TX and surrounding area I could connect with. If you know of or are a wholesaler would love to connect.

Thank you

@Nicholas Gayton I did my own analysis by looking at over 50 locations and I can say that my top contenders for investment are Killeen, TX, Phoenix, AZ, Boise, ID, Jacksonville, FL and Tampa, FL. 

I used a lot of the same metrics as you did, but also like how you included landlord friendliness, DOM and vacancy rate. 

Do you mind sharing where you got vacancy rate stats from ?
 

@ Sam, as we all know the sellers market is hot right now so I want to leverage HELOC to put me at a better position as a cash buyer. After deal is done, I will refi into a conventional mortgage.