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Rental Basics in 77043 : Real Estate Advice

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  • Home Buying2
  • Home Selling3
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Activity 21
Tue Apr 2, 2013
Joe Cano Jr answered:
I do most of my business here in the City, but on occasion I have move-ins out at Katy, the Energy Corridor, Sugar Land and Spring. Visit my personal web-site or call me. Thanks and have a wonderful afternoon.


Joe Cano - Realtor/Locator
(281) 785-5132
joelocator@att.net
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Mon Mar 11, 2013
Al Geffon answered:
Tue Feb 26, 2013
Mack McCoy answered:
That's a good question, Gary.

I have a friend who fancies himself a pretty good cook, and he wanted to bottle up some spaghetti sauce and sell it to his friends, and the city wanted him to submit his kitchen plans for approval, which made him ask what his rights were in making up a good batch of sauce and selling it to friends.

Well, you know what happened, and thankfully, nobody got sick because while my friend is a pretty good cook, he's not a really good food packager.

In your case, you may be able to be discriminatory if it's a 1-4 family house and you don't implicate a real estate licensee. But that's not a guarantee, and you might call the local authorities to see if you are burdened by the requirements of the fair housing laws.
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Tue Feb 26, 2013
Al Geffon answered:
It depends on the objective. If you're looking for a place to "park" your excess funds, it could be a worthwhile component of an overall strategy. But for the individual looking to begin accumulating capital, there are other means that will produce a more desirable result.

While nice homes in desirable areas rent quickly (I have two that never stay vacant more than a few days), as an overall investment strategy such properties rarely yield a decent ROI if purchased today. This is largely a residual effect of the market collapse a few years back. Lenders now require a minimum of 20% down and a six-month cash reserve for each additional property owned, including one's own residence. Tax write-offs notwithstanding, it can take years to break even.

I personally investigated the possibility of purchasing additional rental homes, but decided against it. For my situation, I think I made the right call.
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Wed Oct 11, 2017
peter chang answered:
Thu Mar 28, 2013
Michael Cheng answered:
Mon Jun 11, 2012
Al Geffon answered:
It's possible ... but a written lease must be honored, no matter who owns the property. In most cases, only an investor would be interested, since there's a lease in effect until the end of the year. You could try to approach the tenant and offer to buy out the lease, but he/she is under no obligation to accept. A lease is a contract binding on both parties. If you wish to proceed, I strongly suggest that you contact an attorney. I wish you well.

Al Geffon
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Sun May 27, 2012
Randa answered:
The voucher is based on the client income and it goes by the bedroom size. The location is does not matter but I've been told that Harris Co. voucher is slightly higher than City of Houston voucher. The typical 3 bedroom voucher is about 1,000-1,100 per month, more bedrooms more money. There are some clients that can pay their portion and some that can't. I would verify their income and go from there. The tenant should try to stay within the income guidelines. ... more
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Sat May 19, 2012
Steven Stoneburner answered:
Good luck but TREC has restricted Members from writing two contracts
So it is almost impossible to do a lease purchase
0 votes 4 answers Share Flag
Sun Apr 1, 2012
Jane Lindsey answered:
I would have filed the notice to vacate on late day 2 (a NTV takes 3 days). And then follow the procedure from the constable for the final eviction.. Don't wait another day.
0 votes 8 answers Share Flag
Mon Sep 10, 2012
Howard Persky answered:
Get a REALTOR(r) to assist you.

Make sure that the rental form is the current, standard, TREC form and that there are no unusual charges or notations is the special provisions section. You will be required to fill out an application for each person residing in the premises that is 18yrs or older.

Check to make sure that the property conforms to guidelines for fire and safety. Make sure that fire/smoke detectors are properly installed and are functioning as well as deadbolt locks on all external doors (including the garage entry door).
http://www.texaspropertycode.org/chapter-92-texas-property-code.html

Check for charges that you may incur if a repair is necessary.

Check to see how much pet deposits are and if they are refundable in whole or in part.

Check to see what the charges and terms would be if you have to terminate the lease early.

Check out the community. Check out the HOA rules. Check for sex offenders or other criminals residing nearby https://records.txdps.state.tx.us/DPS_WEB/SorNew/index.aspx.

Check for the location of bus stops for city and schools and find out about schedules.

Check to make sure that the schools are the ones that you want by checking with the school district. If you are moving to a new area and don't know the schools, attending PTA meetings is a good way to find out everything that you want to know about what parents think about the schools and the community. You can also contact the school district police department and find out school safety.

Check out the Landlord by talking to previous tenants or tenants of other properties owned by the Landlord.
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Tue Mar 6, 2012
Doverrdov answered:
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Thu Feb 23, 2012
Joe Cano Jr answered:
Sat Dec 3, 2011
Don Groff answered:
If the lease agreement has been executed they can not only keep the deposit but pursue for damages of non-performance.

Don Groff
REALTOR® | Mortgage Broker
Keller Williams Realty | 360 Lending Group
o.512.669.5599 m.512.633.4157
listings@dongroff.com
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Mon Sep 10, 2012
Matt Walton answered:
Hi Leia,

Both Katy and Sugarland are excellent choices and either would convenient to the Houston Medical Center. It will take you between 45 mins to an hour to drive from Katy. The drive from Sugar Land would be about 30 mins. Both areas have great housing, schools and shopping. Rents are comparable. Given the traffic in Houston I would probably select Sugar Land.

If I can help you find something please feel free to contact me.

Best regards
Matt
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Wed Apr 13, 2011
Lilly Hughes answered:
I just tried helping someone lease who had animals. They needed a yard for three dogs. If you are wanting 3 bedrooms, 2 baths with garage you are probably looking at 900 or more monthly. Security deposit equal to one month's rent and one month's rent in advance plus the pet deposit. Accepting pets and the type of pets is generally the landlords prerogative. There are no "zoning laws" but almost all neighborhoods have a homeowners association which has restrictions that can include restrictions concerning animals. I haven't done any leasing in that area (I am in Northeast Harris County) so I can't comment on the specific neighborhood restrictions. ... more
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Tue Oct 26, 2010
Rita Armstrong answered:
If you have been unsuccessful with these actions, my best advice would be to consult a real estate attorney to learn what your options are under the lease agreement. Good luck!
0 votes 1 answer Share Flag
Sun Jul 4, 2010
James Gordon ABR SFR SRS answered:
Adriana you need to talk to the rental office. There may be an option to buy your way out of your lease early. You signed a contract that gave you the exclusive right to occupy your apartment for the term of the lease. In return you took on the obligation to pay the monthly rent for the term of the lease. In my area the maximum legal obligation is to fulfill the contract that you signed. ... more
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Mon Oct 5, 2009
Jenny A. Le answered:
Landlord/Tenant laws varies by state. So you need to check with local Texas laws to determine your tenant rights and responsibilities.

Generally, the tenants are required to provide the landlords at least 30 days written notice to vacate. So if you're are providing only 2 weeks notice, then yes, it is fair for the landlord to keep the deposit because she has to find another tenant quickly and/or she will have loss of income. You may get "some" not "all" of your deposit back because landlords are allow to charge reasonable cleaning fees to get the property ready for the next tenant.

Regarding a letter to explain "all that has happen"... not neccessary, why? for what? ... all a tenant has to do is to provide is a written notice to vacate...tenants don't have to provide a reason...it is a courtesy but not a requirement.
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