
27 March 2024 | 8 replies
One model I’m seeing investors doing is the rent by the room strategy / padsplit.IF done right, you can turn a single family home to function like a multiplex - increasing the cash flow by double, even triple oftentimes.Has to be the right property of course / layout / characteristics to minimize drama and conflict between roommates / tenants since it’s a longer stay than STR and spaces are shared but with the right set up and systems in place in can be extremely effective and super profitable.You can easily switch from STR to MTR since it’s already furnished and just make a few tweaks.I can definitely help you put some ideas together or connect you with some investors I know doing it in Jacksonville FL.

28 March 2024 | 10 replies
Texas is a non-judicial State and there is no need to go to court.

27 March 2024 | 1 reply
If there was no security deposit retained at the start of the lease, you could probably pursue this in small claims court.

27 March 2024 | 4 replies
@Kevin Drouillard most PMCs do not pursue collections after a tenant moves out.Check the eviction judgment to see if a money judgment was included.If not, you will need to pursue small claims judgment.Once you have a money judgment you can try to garnish (another court process) wages, bank accounts or state tax refunds.

27 March 2024 | 14 replies
It's easy to use and has great functionality.

27 March 2024 | 11 replies
Go look at the tax court case on it.

26 March 2024 | 6 replies
We take this to mean (based on 100s of real tax court cases) any activities integral to the business of running a rental.

28 March 2024 | 22 replies
Also, in the case of a default, the third party will be helpful in court to show non-payment.Its pretty typical to get Title Insurance.

27 March 2024 | 17 replies
I had a tenant that wanted me to check the sewer line multiple times because someone was sneaking into her house through it.Don't be afraid to come back with a shrug and a "ok...I guess I'll see you in court".