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Hello BP Community,I've been accused of short-term renting my unit (which I have not) and was fined $12,000. Furthermore, the building's bylaws have a 25% rental cap, and my unit is NOT approved, yet I informed them t...
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This afternoon I got my first property under contract! My wholesale intentions full disclosed! A fully rented duplex with $1350/mo in rents! Now the fun part, shopping it to my buyers!
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Update - Kris Thomas has now really crossed lines here. I was a student in the course and upon realizing their promises were not fulfilled and they were breaching their contract I requested to renegotiate. When my ame...
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Blood bath is dramatic, but hoping to get some conversation going on this. lol. Homeowners across the state of Texas are getting jaw-dropping tax notices in the mail this month. Huge reassessments of value on their p...
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Our lease does not have a clause in it for when a tenant would want to break the lease early. I don't know how this slipped through the cracks. Has anyone been in this situation before? The background story. We rent a...
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I own properties in the west Houston areas of Katy and Cypress. I've already been notified by one tenant that they may have trouble making the September rent payment due to not working this week at all. None of my pro...
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I have an opportunity to work in a partnership arrangement with some other investors. We have been discussing the various ways we can combine our resources and strengths that will be fair and equitable and increase t...
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If a turnkey home was inspected initially and there was time given to fix ALL the issues with the home but when re-inspected the home was not turnkey ready at all and the repairs that were supposed to be done were no...
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For those of you who are in the middle of a rehab project, are you still letting your contractors work on the project? In our case, there are no more than 5 people working there at the same time. If not, can we reques...
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Hear me out.
Let's say part of your screening criteria is a minimum of 3x rent as income. In CA and some (all?) other states, you cannot discriminate based on source of income. That means if the prospective...