Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Account Closed

Account Closed has started 5 posts and replied 20 times.

Post: Realtor to rent a SFR based on trust, and no contract?

Account ClosedPosted
  • Investor
  • Houston, TX
  • Posts 20
  • Votes 2

I think he does have a lease with the tenants, but he said the realtor contract is only for the realtor to lock in the client for a specific period. But, I do think it is important (like you said) that it specifies details about the commission, etc. I will ask him.

Post: Realtor to rent a SFR based on trust, and no contract?

Account ClosedPosted
  • Investor
  • Houston, TX
  • Posts 20
  • Votes 2

Found a realtor through a local (Houston TX) contact who helped her find a good tenant. I strongly believe in only hiring through verified contacts. That said, the realtor says he didn't have a contract with her and does not need a contract with me either and he works based on trust. Thoughts please! (I will insist on a contract, but I don't want him to think I don't trust him.) Is a contract necessary in all cases? I checked his listings. He seems to have very few but the rentals move fast, although not the sales.

Post: Renting per room vs Renting the whole home as a whole

Account ClosedPosted
  • Investor
  • Houston, TX
  • Posts 20
  • Votes 2

@Joe S. Ok. I get that! 

Post: Renting per room vs Renting the whole home as a whole

Account ClosedPosted
  • Investor
  • Houston, TX
  • Posts 20
  • Votes 2

@Joe S. Are you an out of state owner or in state but too busy to manage yourself? Can such a model be managed remotely, but hire someone per hour as needed for in person stuff?

Post: ALE Solutions - Temporary Housing

Account ClosedPosted
  • Investor
  • Houston, TX
  • Posts 20
  • Votes 2
Quote from @Doug Spence:

@Porsha Fross They took too long so I ended up renting out the property to a long term tenant instead!

You quoted high premiums (?) Double rent, pet fee, pet dep, lawn care. Could that be one reason?

Post: Property management company or DIY?

Account ClosedPosted
  • Investor
  • Houston, TX
  • Posts 20
  • Votes 2

@Tim Jacob Thank you! That's a great way to put it. I have the Type 1 property. Hoping to get a great long term no-hassle tenant.

@PhillipVera Thanks for the input.

Post: What’s your opinion about lofty.ai?

Account ClosedPosted
  • Investor
  • Houston, TX
  • Posts 20
  • Votes 2

Hello,

I am Zara. I am in Northborough, MA. 

Great to be here.
What’s your opinion about lofty.ai?

Post: Property management company or DIY?

Account ClosedPosted
  • Investor
  • Houston, TX
  • Posts 20
  • Votes 2

Thank you everyone!

Post: Property management company or DIY?

Account ClosedPosted
  • Investor
  • Houston, TX
  • Posts 20
  • Votes 2

Hello,

I am Zara. I am in MA. 

Great to be here.

Should I hire a PM company or rent and manage my out of state house myself?
Any thoughts?

Thanks!

Post: Financial House Before Investing?

Account ClosedPosted
  • Investor
  • Houston, TX
  • Posts 20
  • Votes 2

How old are you? If I may ask?

Why not leverage existing equity and start right now?