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4 December 2024 | 3 replies
.- Most cities do NOT care if an owner lives in basement, but will not allow a tenant to unless baement has legal egress window.3) Check local statutes if any limitations on how many unrelated roommates are allowed.4) Check with local building dept to see if rental inspections and corresponding requirements.5) Local statutes allow locks on bedroom doors?
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3 December 2024 | 0 replies
I feel the padsplit model might not be that sustainable if it is that easy for the hosts to have legal troubles.
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3 December 2024 | 6 replies
To align with community property laws and avoid legal or financial complications, consider forming a jointly owned LLC with your wife as a member.
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26 November 2024 | 4 replies
I start with cleaning and repairs, then I apply it towards utilities, legal fees, late fees, and rent, usually in that order.I also have a holdover clause that says the tenant is charged 4x of the monthly rent, prorated daily if they hold onto the property after lease termination.
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11 December 2024 | 101 replies
However, there are substantial legal risks associated with doing this and most people who go this route have no idea they're taking them.
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6 December 2024 | 12 replies
We represent several developers in Cedar Park, they all developed for owner user + rentals, but I'd say the main thing from a legal perspective is ensuring good GC and sub agreements.
2 December 2024 | 17 replies
My question is really around the legality and process of taking back the garage from the existing tenants for this project.
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5 December 2024 | 34 replies
In the meantime, put the tenant who broke their lease on notice that they have violated the terms that they agreed to in the lease which is a binding legal document.
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3 December 2024 | 1 reply
You will need a licensed TX attorney to oversee the legal documents, you need escrow officers and transaction managers and business development/marketing.
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3 December 2024 | 22 replies
Do not rely on it as legal advice.