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3 July 2018 | 2 replies
So to me it seems like owner had it rented in 2014, he's no where to be found...property has been seized and taken from bank maintenance company.I called the bank after purchasing the property and they said since i'm not the owner they can't give me a code to open the property and said 3rd party purchaser are responsible to taking possession on their own.I called my lawyer and he said I should go ahead and get the locks changed.
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5 July 2018 | 6 replies
Since last August when I took possession of the 20 unit, I began raising rents 2-3 units at a time, and now everyone is at the higher rents (average $140 per unit).In your situation it sounds like the rents haven't been raised for a while, coupled with your improvements the tenants expect there to be an increase.
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7 July 2018 | 5 replies
If the listing agreement has a lease provision then the seller will instead pay the lease commission when you take possession.
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25 July 2018 | 3 replies
If they want to but specify that even if they don't, landlord isn't responsible for lost possessions. 11.
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11 July 2018 | 3 replies
If you default once, does he regain possession of the house and you lose the 10+ years that you have paid him the $2,000 a month?
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30 July 2018 | 7 replies
I want to sign the lease and take the sec dep. first and last months rent....but I am not sure if that is customary to do given the gap in time before the tenant takes possession of the property.
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23 July 2018 | 2 replies
I do however don't know if they will try to claim possession since they made upgrades to the property.
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27 July 2018 | 7 replies
If you are referring to adverse possession laws, that will not work because that is not how the law is written in Texas.
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2 August 2018 | 12 replies
I’ve had the deed (eg not just the tax lien) and possession for over 3 years and was denied title insurance when trying to sell it because I haven’t filed a quiet title yet.
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28 July 2018 | 10 replies
Since I have taken possession I put in all new carpets and it is now occupied by tenants and is cash flowing $650/month.