
23 July 2018 | 5 replies
I'll try to give you an average cost for an LLC:Registration with the state: between $50 and $800 depending on the StateOperating agreement creation: from $0 up to around $1000 if you use a lawyer.Maintenance:State renewal: between $0 and $800/year depending on the StateRegistered agent: $50 to $150/year
18 July 2018 | 4 replies
I’ve read in some states that acceptance of the rent automatically renews the lease, is Texas one of those states?

31 July 2018 | 13 replies
Then you will be further delayed getting them or if you have not already started the process.Also if you have not done so already I would send them a notice of non renewal and find new tenants.

20 July 2018 | 3 replies
If they have longer term leases then you will probably have to honor those leases, then give them plenty of notices (60+ days) to not renew their lease.

20 July 2018 | 10 replies
Just to clarify, we have gone through the Section 8 inspections and approval in the past and are familiar with the workings of our section 8 units.... we decided to not renew our Section 8 contracts with our local city due to the negative experience.

23 July 2018 | 8 replies
@Sean Graham, I recently had a tenant who was non renewed and they didn't pay last months rent so they had a deposit for their new place.I am in the process of taking them to small claims court for breach of contract where I will ask judge to also have them pay my costs to file and serve them assuming I win.If you receive a judgement and they still don't pay them you can file another form to garnish their wages.I don't intend to make garnishment a hardship so they have trouble paying rent at new place and will be open to a 12-36 month payback term, so long as I am made whole on rent and fees.This is my first time going thru the process so I am uncertain of outcome, although I have a paper trail for rents paid and unpaid, and texts from them admitting they were not going to pay.Here is a helpful link.http://www.ag.state.il.us/consumers/smlclaims.htmlBest,Ashley

20 July 2018 | 5 replies
Hi All,I have a house I want to sell for 1031 exchange but currently at the month of renew my rental agreement.

7 June 2018 | 4 replies
As soon as one is late give them notice to non renew.

6 June 2018 | 6 replies
@sierra crispI was managing them myself and moved them as tenants didn’t renew.

28 March 2021 | 9 replies
I recognize the drawback with this approach is that all my units come up for renewal at the same time... but so far we haven't had major issues.