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All Forum Posts by: Larry P.

Larry P. has started 1 posts and replied 102 times.

Post: mobile homes?

Larry P.Posted
  • Realtor/Investor
  • Richmond (Houston), TX
  • Posts 109
  • Votes 50

My opinion is stay away. They depreciate quickly as opposed to SF homes that appreciate. That being said however some people are successful with them. 

Post: Website for rentals

Larry P.Posted
  • Realtor/Investor
  • Richmond (Houston), TX
  • Posts 109
  • Votes 50

wix.com is free and has real estate templates

Post: Tenant refuses change of lock

Larry P.Posted
  • Realtor/Investor
  • Richmond (Houston), TX
  • Posts 109
  • Votes 50

install Kwikset smartkey locks (home depot and  Lowes carry them) and then you can easily change keys between tenants.

Post: a good realtor

Larry P.Posted
  • Realtor/Investor
  • Richmond (Houston), TX
  • Posts 109
  • Votes 50

If you are buying you shouldn't pay any realtor fees

Post: Financing Buy & Hold property under 100k

Larry P.Posted
  • Realtor/Investor
  • Richmond (Houston), TX
  • Posts 109
  • Votes 50

Local credit unions may do it for you.

Post: When should I list property for rent?

Larry P.Posted
  • Realtor/Investor
  • Richmond (Houston), TX
  • Posts 109
  • Votes 50

I bought a SF last week and had a "Coming Available Soon" ad posted with an availability date even before the contract was fully signed!

Post: Home Insurance on a rental property in Houston

Larry P.Posted
  • Realtor/Investor
  • Richmond (Houston), TX
  • Posts 109
  • Votes 50

I use a group in Houston that specializes in lease properties.   They have all of my investment properties.  Here is their info:

Spearhead Insurance Group Insurance

(713) 275-2784

[email protected]

Post: No Mortgages for LLC's

Larry P.Posted
  • Realtor/Investor
  • Richmond (Houston), TX
  • Posts 109
  • Votes 50

This is just one reason I purchase in my name and get a big umbrella policy...

Post: Lockable Thermostat

Larry P.Posted
  • Realtor/Investor
  • Richmond (Houston), TX
  • Posts 109
  • Votes 50

Motison makes one with a landlord lock that can be remotely controlled by internet, with limits and alerts you can set.  They have several different models.  I buy them on amazon for about $79 and they work great.

Post: The house has a tree on it. Would you consider it?

Larry P.Posted
  • Realtor/Investor
  • Richmond (Houston), TX
  • Posts 109
  • Votes 50

I think it would be seeing what price they are talking about.  If the price is right the damage can be repaired with good contractors to as good as or better than new condition.  All depends on the price, repair costs, and comps in the neighborhood.