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All Forum Posts by: Chris McDaniel

Chris McDaniel has started 27 posts and replied 123 times.

Ok, so I have this potential tenant who seems at first glance to have strong financials but he is self employed. He didn't seem to have anything to hide, but when I asked for proof of income, he showed me a bank statement. He showed me two statements, one with his name and company DBA and one with just his name. So my question is, how do you verify employment history and income with a self employed tenant?

Post: REI savvy tax pro in Houston?

Chris McDanielPosted
  • Investor
  • Crosby, TX
  • Posts 124
  • Votes 72

Thanks @Kenneth Sok, I appreciate the input. 

Post: REI savvy tax pro in Houston?

Chris McDanielPosted
  • Investor
  • Crosby, TX
  • Posts 124
  • Votes 72

@Linda Weygant thanks! I will defiantly seek him out. 

Post: REI savvy tax pro in Houston?

Chris McDanielPosted
  • Investor
  • Crosby, TX
  • Posts 124
  • Votes 72

Hey fellow BP'ers, I'm looking for a tax pro who understands the REI business. Can anyone reccomend a Houston TX based REI tax pro?

Thanks!

Chris

Post: Anyone use an alarm system while rehabbing?

Chris McDanielPosted
  • Investor
  • Crosby, TX
  • Posts 124
  • Votes 72
I'm about to start a rehab project and I was wondering what other BPers thoughts and experiences where when it comes to alarm systems? I was thinking about simplisafe alarm system? What are your thoughts and with construction site alarm monitoring? Thanks!

Post: Eviction Services

Chris McDanielPosted
  • Investor
  • Crosby, TX
  • Posts 124
  • Votes 72

@Rob Beland the house is in Texas. 

Post: Eviction Services

Chris McDanielPosted
  • Investor
  • Crosby, TX
  • Posts 124
  • Votes 72

So here is the deal, I am closing this Friday on a house from my direct mail outs. The seller lives in Maine and had a very vague hand scribbled lease agreement with the tenant. The seller and I have both tried contacting the tenant and he is ignoring us. We are pretty sure he knows the house is being sold. So, since I'm pretty sure I will have to evict him, I was wondering if anyone has ever used an eviction service? Here in Texas they charge about $300 and handle everything for you. It will cost me way more than that in time off from work. Thoughts?

good question, any thoughts? What did you decide to do?

Post: Dividing Land and Tax

Chris McDanielPosted
  • Investor
  • Crosby, TX
  • Posts 124
  • Votes 72

nothing?

Post: Dividing Land and Tax

Chris McDanielPosted
  • Investor
  • Crosby, TX
  • Posts 124
  • Votes 72

I'm interested to hear some thoughts on this as well?