All Forum Posts by: Larry P.

The cash flow looks low to me.  I shoot for $300-$400 minimum cash flow .  I'm not sure what the management and maintenance fees you have factored in are.

In Texas (a very landlord friendly state) you would give them a thirty day notice to get them out and could then sue them for unpaid rent.  I wouldn't put up with that.

You could make it a condition of the sale that the home is vacant before closing on it. 

Almost all real estate transactions in Texas are homes sold with just a title policy from a title company. I would be more concerned about getting the tenants out. Is their a written lease they have broken to evict then with?

Is it possible that the cold water in the line coming off of the intake to the water heater is being heated by the heat of the water heater rising up?  If so maybe the cold water line can be repositioned where the heat from the water heater dos not rise up and heat it up.

You need the "Lease Amendment Concerning Tenant Change" form - TAR form 2211, as well as the standard application etc.  Email me if you need the form [email protected] 

And yes, can't beat Amazon for having something brought to your door a couple days after you order it.

Intetesting. This should pay for itself just in the time you save on making cuts and looks like this can be on the floor by you. Thanks for sharing.

I own a couple of small 2/1s in Texas. They have window units. The window units last forever and if one does go out a quick trip to home depot to pickup a new one cures the problem quickly. As long as that's not unusual for the area the home is located in I would leave them alone. 

I've used mysmartmove.com for years with good results