All Forum Posts by: Robert Melcher

I have forwarded your message to the ONEprop office in Houston.

We do the whole Houston area.

ONEprop.  I'm forwarding your nte to our office in Plano..

ONEprop.  Just forwards your more to noir office there...

There is a two year exception to the rule, if you notify them you will be moving back into the property.

The requirement is to notify in advance, so no luck there, but this tidbit might help others.

My exemptions in Collin county went away last year and the crazy appreciation drove my taxes up $2400 for the year.  So much for cash flow...

Different counties/communities have differing tax rates, so the old address was better for the exemptions, but we ended up staying here and had to bite that bullet eventually.

@Donald Dickerson I want to be like you!  Welcome to BP and good luck!

@Brian Corbett good questions, but also be aware that the profit center concept allows a couple of things to happen: with a large enough "captive" property base, the PM can drive discounts with the vendors, which benefits the Landlord. The vendor benefits because he does not have to expend resources collecting. The PM makes a small percentage to offset the bookkeeping efforts and management of the repairs process.  This allows the PM to lower his fees.

Just a thought.

ONEprop has offices in Plano.

Immediatly. Enforce the lease as written. No variance. Some states allow that actions contrary to the terms of the lease constitute agreement.  NEVER deviate.  

Immediate notice and eviction. Don't delay.  It's sometimes a game that "bad" tenants play because they have a history of losing deposits to damages.  They figure since it covers the last month they'll bail unpaid and stiff you on the judgment.

Make it hurt.

This is business, not social hour.  You can be friends personally but the lease is the lease and the rules are the rules. No flex, no bend, no favors no slack.  Know your lease and the state laws and set that expectation RIGHT UP FRONT. Everything in writing and never ever deviate.