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All Forum Posts by: Alex Moazeni

Alex Moazeni has started 33 posts and replied 77 times.

Post: Weirdest teanent ever.

Alex MoazeniPosted
  • Dallas
  • Posts 79
  • Votes 20

@Nathan Gesner

I am in Texas and not sure about the lease termination law

Post: Weirdest teanent ever.

Alex MoazeniPosted
  • Dallas
  • Posts 79
  • Votes 20

@Nathan Gesner can I terminate the lease since she hasn't any past due rent?

And still has two more months until her rents up.

I just assumed she might not pay by May 1st wich is her first rent with me.

Post: Weirdest teanent ever.

Alex MoazeniPosted
  • Dallas
  • Posts 79
  • Votes 20

Hi everyone.

Just closed another 4 unit in dfw area.

The short story is,I like the property so much and it came fully occupied with all inherited teanent.

So at the inspection time before closing I found that the unit D is kind of trash and we were wondering how come even she lives there. Bad smell of trash a big dog in the cage and urine smell everywhere. So I was like I will deal with it as long as I have her in and after she moves out, the I will renovate and post it for better price.

Now the thing is I am trying to contact her and she keeps telling me I have the wrong number and email address.

I send her the letter and also knocked the door no answer.

I asked pervious owner, and he said she has been there for four years and no problem at all also they had a good relationship.

First rent to me is due by May 1st and my realtor keeps telling me I'm rushing to much.

My realtor wants me to wait until the rent is due and the ask if the pervious landlord can get the teanent respond and help us.

Also she sent a note the the pervious landlord that she will move out in the next two months as her lease is up.

I talked to the rest of teanent at all other units and introduced myself but not her since she doesn't want to show up.

What is the best action to take if you guys were at this situation.

I am ok to spend more than her security deposit just to fix all trashes after her and I will add it up to purchase price since I just closed it.

But the thing is if she pays the next two months rent and if she moves out peacefully.

Appreciate your thoughts.

Post: Section 8 rent increase

Alex MoazeniPosted
  • Dallas
  • Posts 79
  • Votes 20

@Phillip Austin

Thanks

Post: Section 8 rent increase

Alex MoazeniPosted
  • Dallas
  • Posts 79
  • Votes 20

@Cory J Thornton

Thanks for sharing the point

Post: Section 8 rent increase

Alex MoazeniPosted
  • Dallas
  • Posts 79
  • Votes 20

Hi.

Any one has a problem receiving the rent from DHA with no increase?

I have the voucher and it's been approved.

They keep saying not processed yet.

I spouse to receive new amounts starting February 1st

Post: Prime location vs cash flow

Alex MoazeniPosted
  • Dallas
  • Posts 79
  • Votes 20

Hi.

Getting another rental property.

I have 2 options

1: single family house in prime location

2: multi family (duplex) in c location.

The investment is in DFW area.

Any thoughts?

Post: Net cash flow per year.

Alex MoazeniPosted
  • Dallas
  • Posts 79
  • Votes 20

@Nathan Gesner that was actually my point.

Thank you.

Post: Net cash flow per year.

Alex MoazeniPosted
  • Dallas
  • Posts 79
  • Votes 20

Is it normal to make $3500 net income per single family house?

What I mean by that, is after everything taxes, vacancy repair ant etc.

Post: HOA changes whatever they want.

Alex MoazeniPosted
  • Dallas
  • Posts 79
  • Votes 20

Hi.

I have two rentals in forney tx.

Recently,the hoa started sending increas of fee notices plus $65 one time assessment fee.

I mean that's ridiculous.

And it's not only me .

All the landlords in the subdivision.

So any idea if I can negotiate or appeal this?

Thanks in advance.