20 February 2025 | 18 replies
Therefore, the owner had to go all the way through the courts for an eviction.
20 February 2025 | 7 replies
Initially I really wanted to do a STR down in North Padre Texas (as it is a place I have vacationed for years and have stayed in at least 8-10 of the STR in the exact complex im looking into, I see how my STR could stand out amongst the rest since Im huge fisherman down there and that is mainly what those STR are used as, already have boat rental option setup if I go this route, list of fishing and possible guides to go with depending on style of fishing, family, fun, hardcore wade fisherman etc etc and equipment rental available for those that do not have.), the places im looking at are decent $ properties that after running through calculators etc showing 18-22% CoC after management fees etc.But after listening to BP for about a month, now thinking BRRRR possibly and doing up here in the DFW area.
20 February 2025 | 9 replies
The property was occupied (still is) with 1 tenant that I am now having the exhausting pleasure of evicting. 2yrs later, said tenant continues to try every angle to delay the court granted Marshall’s execution.The “2nd” floor was poorly renovated (bad contractors), new tenant moved in and a year later, another eviction process has started as they lost their job and refuse to move or pay.Stuck with a very large mortgage bill (that I am paying), utilities and making small repairs to keep the property up also noting the casual 311 complaints from both tenants.
24 February 2025 | 35 replies
We remodel the single family and then build onto it or a small complex.
19 February 2025 | 6 replies
Expect them to freak out and not be able to find another place etc etc so be prepared to move forward with the eviction in court.
20 February 2025 | 4 replies
Given the tax and legal complexities, consulting a CPA and estate attorney is highly recommended before making a decision.This post does not create a CPA-Client relationship.
19 February 2025 | 1 reply
District Court for the Eastern District of Texas in Smith, et al. v.
19 February 2025 | 2 replies
-Before each eviction, FPM sends a polished video claiming they’ll pursue the tenant in court and recover lost rent.
19 February 2025 | 17 replies
Tell them you’ll cancel your court date if they pay you the rest by the court date.
19 February 2025 | 11 replies
I'm considering using hard money lenders or DSCR loans, but it seems like DSCR would be a bit complex.