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All Forum Posts by: Curtis Towers

Curtis Towers has started 10 posts and replied 16 times.

Post: Roommate breaking lease early

Curtis TowersPosted
  • DFW
  • Posts 16
  • Votes 5

Hello.

I have a roommate that has notified me he is going to stop paying me and move amount immediately because he is having some qualms with other roommates. The lease specifically states he must give me 30 days notice prior to moving out. I was not able to address his concerns as he did not notify of any issues he was having. I have a $700 refundable security deposit from him and the rent he would owe me for the 30 days would be $900. Can someone tell me my options here?

Thank you

Post: Looking for a rent by room property manager

Curtis TowersPosted
  • DFW
  • Posts 16
  • Votes 5

Hello. I’m looking for someone to manage my rent by room property in Fort Worth. There are currently 3 out the 4 rooms filled. 

Post: Airbnb property manager

Curtis TowersPosted
  • DFW
  • Posts 16
  • Votes 5

I have a house in north Richland hills Texas that I have listed on Airbnb that I’m looking to hire a property manager for. Can someone refer me?

Hello, I live in a single family home that’s split off. I live in one side and have the other on Airbnb. I’m looking for a CPA to help with taxes. I live in Fort Worth, TX.

@Alicia Marks the home is located outside the city limits.

Hello, I live in a single family home that’s split off. I live in one side and have the other on Airbnb. I’m looking for a CPA to help with taxes. I live in Fort Worth, TX.

Post: Pest Control Question

Curtis TowersPosted
  • DFW
  • Posts 16
  • Votes 5

Hello, I noticed some fire ants around the property so I called Orkin to check it out. I already am paying them for pest control, but they recommended sealing gaps in the home, installing a plastic barrier, and doing a termite chemical service. This was quoted for $9000. Is this reasonable and worth the cost?

Post: Business Bank Account

Curtis TowersPosted
  • DFW
  • Posts 16
  • Votes 5

I’m about to go under contract for my first rental property. I will also be living in the property. I am going to setup a separate business checking account. I’m confused to what all I should charge to this. Should I include the inspection, insurance, all furnishing, property management? 

@Russell Brazil

What are the chances an EC would change the zone? I am worried about the resell ability, as well as being moved to a "high risk" area several years down the road, which would impact my insurance substantially.

@Colleen F.

Yes it is a buy and hold. It was deemed "low risk" so the insurance will be around $550 a year. There has been no flooding issues in the past. I have owner occupied insurance, but that will change when I move out around a year later. I am concerned it will be changed to high risk 10 years down the line and my rates will skyrocket. 

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