Therefore we have two things, a lot of championships and a lot of student rentals.Well, some time ago the City began enacting a law that requires homes in the city limits to obtain a Landlord permit if that home was to be occupied by anyone other than the property owner.

Hello all,I normally do single fam, so I wanted a quick hand with numbers on a deal I'm considering.Location and repairs aside, strictly by numbers, what do you guys make of this deal:Single house, 3 fam:- 2 bed/1 bath- 2 bed/1 bath- 2 bed/1 bath- 2 car garage- separate metersTotal rent is $2,500.Monthly taxes are $320What would be a good estimate for monthly expenses (50% rule??)

However the law states that I cannot cause STRESS when I assign the contract over to the investor.

Rents follow the law of supply and demand.

State law restricts increases to 2% of the property value per year for "inflation adjustment".

Given the ubiquity of this contract in Texas (law *requires* this contract be used unless the buyer or seller has an attorney draw up the contract) that might be hard to pull off but I'll add that to my toolbox.We were not informed that the contract had been signed until 10/1.

My lawyer (a friend) will set up my LLC, but it will cost over 1K to do so so I am looking for other options.My longterm girlfriend (12 yrs) and I are going to partner with her brother and sister in law in buying rentals.

I would refrain from showing.By law, the tenant has possession.

True reverence for God and His law is the best way to protect life, liberty and the pursuit of happiness even for those that refuse to acknowledge Him.

Repairing your credit on your own is like defending yourself in a court of law.