Investment Info:Single-family residence buy & hold investment.

I am a RE agent in Stephenville, Tx. and it is poised for big growth.

And yes, it would need to season, usually 6 months to a year after you close.

That is the same way a lender would qualify someone for a mortgage.

So it could take a decade to get to todays market rent. 2) it’s almost impossible if not impossible to non-renew a tenant, especially if you’re not an owner occupant. 3) As a seller, even if I could remove paying tenants I never would without a non-refundable payment from a potential buyer that covers all vacancies for 6 months if they fail to complete the purchase. 4) You MIGHT say as a buyer that’s worth it.

I would look for reviews on Zillow, Google Maps, Yelp, Experiance.com.To look up their license history you can use nmlsconsumeraccess.com, licensed and registered Loan Officers have to report a 10 year employment history.

Otherwise, the tenant will make excuse after excuse to buy more time as they fall further and further behind.To find an attorney, suggest you visit your local court and lookup the landlord-tenant docket to ID attorneys with the most cases.

As for the initial post, I would ask a few questions to shed some guiding light.

Quote from @Bree Jimenez: Hello everyone, my name is Bree I am a new investor looking into get my first rental property and try the BRRR method what tips and advice does anyone have when getting your first rental property?

Is there a minimum balance required to avoid fees?