All Forum Posts by: Freddy C.
Freddy C. has started 5 posts and replied 22 times.
Post: 1st rental- located in an HOA

- Accountant
- League City, TX
- Posts 23
- Votes 3
Hello everyone. I am a newbie at real estate and I have a great opportunity to rent-out my current home as I buy a new house. This seems so daunting at times because this is so different from anything I have ever done in the past and I know there is much to learn in regards to landlord/ tenant rights and obligations, among other things.
One thing that has me concerned right now is that my current home has an HOA. I think as long as the yard is maintained and the renters keep the trash bins put up there shouldn't be a problem. Am I setting myself up for a rude awakening? I will be familiarizing myself with the HOA bylaws in the coming days. What kind of things should I watch out for that are "rental" unfriendly, aside from "no renting allowed" clauses, etc?
Thanks in advance...I can use all the help I can get.
Post: Checking in from League City, TX

- Accountant
- League City, TX
- Posts 23
- Votes 3
Hello everyone, my name is Freddy and I have been lurking here for about a year. I am an oil & gas accountant by trade and one of my many interests is personal finance. As such, I realize the tremendous opportunities real estate provides for a well-balanced portfolio. Heck, real estate is fascinating period.
As chance would have it, my wife and I found a bigger house for a great price not too far from our current home. It is an REO. We are in the process of buying this property and intend to rent-out our current home! Oh No!!! Anyway, you'll be hearing from me often. What a great website! You guys are the best.