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12 February 2025 | 0 replies
Working together, we will continue to advance pro-growth economic policies that allow entrepreneurs and businesses to thrive and will make Texas stronger and more prosperous than ever in the history of our great state.”Initially unveiled in June 2024, the Texas Stock Exchange aims to serve as an alternative to the New York Stock Exchange and Nasdaq, particularly for companies in Texas and across the southeastern U.S.
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19 February 2025 | 3 replies
Local Banks & Credit UnionsSmaller banks and credit unions are more flexible than big lenders and might approve you with:✔ A detailed project plan✔ A licensed subcontractor network✔ Proof of rental income history (since you own rentals)4.
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7 February 2025 | 1 reply
My son currently lives in the townhouse b/c he is going to school and works in the area.Since he is young and starting out in life, I would like for him to only cover the basic costs (taxes, HOA, utilities) just enough for me to break even (I believe that will put him slightly little lower than market rent rates).
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15 February 2025 | 7 replies
Verifying last 2 years of rental history very important!
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2 February 2025 | 2 replies
I'm looking for the cleanest & most visible way to access payment history, see amortization schedule, tax documents, etc- much like bank softwares provide.
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18 February 2025 | 8 replies
The final size of the house will be about 2500sqft, 5 bedrooms (each between 11x11 and 15x14), 2.5 or 3.5 bathrooms, in a strong A- neighborhood (600k-800k houses with amazing schools).
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20 February 2025 | 11 replies
You mentioned student housing - What schools are they near?
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30 January 2025 | 5 replies
The program is designed to assist low-income families, and these benchmarks might exclude a lot of qualified people.That said, the requirement for stable rental and work history is reasonable, but you might consider relaxing the credit score or income requirements since Section 8 guarantees a portion of the rent.
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20 February 2025 | 8 replies
@Jim LynchSome typical minimum tenant screening requirements look like the following, but it depends on your market:-Renter has a gross monthly income of 3x more than the monthly rent-Minimum credit score of 650-Renter must have no prior evictions-No felons (or other notable criminal history)There are a number of different tenant screening softwares out there such as Zillow Rental Manager, TransUnion SmartMove, etc.Be sure to complete an employment verification by contacting the renter's employer and confirm the details they shared with you, landlord verification (if they have a previous landlord), credit check, and background check.
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19 February 2025 | 8 replies
But if you hold it under it you die you’ll avoid their tax and the depreciation recapture you also owe. 4) I’m not sure if you have to turn it back in to a rental for a year after those 2 years to qualify for a 1031 or if you’re rental history in the last 5 years qualifies you.