Hello all, just closed on a tri and lo and behold had a move out before I could collect my first month from him.

Lo and behold - at the 11th hour legal aid files a 30 page motion at 5 pm the day before Court staying my eviction and requesting to MOVE the case to the Superior Court in order to join and pursue an action of discrimination against Sec 8.

) you'll find an in depth post I put together on lease options in TX.HOWEVER...I will say this...in TX the seller must have fee simple title, so you can't do a sandwich LO per the law.

The LO is actually my plan B.

Do your own homework, if you engage with someone and you establish a good mutual understanding stick with them)(2) Banker / LO / Mortgage BrokerExperiencedKnows all he loan products, understands the paperwork, has a proven track record of completed loans.

When I was doing rentals (including my L/O's) I always changed the A/C filters.

@Jay Dean  In order to sell via a LO in TX, you as the owner must have fee simple title, which I have to assume you do, since that is how we hold title in TX.If you have a mortgage, you will need to give the TB the mortgage information, as well as send the lien holder an Auth to Release info form so the buyer can confirm the mortgage info. 

Love what you do to make money at your JOBhang out with doers and not talkers, have a good team of money contacts and REI services people (e.g. agents that own rental properties)learn private money and OPM (read trustetc.com), walk through 200 open houses and track sold prices, know market rents by talking to property managersfind a good RE CPA that knows rentals at your REIAfind a good RE Eviction Attorney at your REIAKnow how to construct a Wholesale offer, a CFD offer, a LO offer, a Wrap - AITD offer (not all are available in every state)Know your landlord tenant lawLearn how to go give a speech (www.toastmasters.com)Learn how to write a blogLearn how to door knock and offer a Letter of IntentLearn how to prospect, present, sell and close (Tom Hopkins, Zig Ziggler)Get referrals and send Thank you cardsRead "Swim with the Sharks" by Harvey McKayAnd be patient!

(his father was a large housing builder- developer) and twenty plus years of experience doing LO deals and wholesaling, etc.

When you get to $50K and less does the broker / lo make any cash?