When a buyer goes under contract to purchase a home in Texas, they gain specific rights to inspect and investigate the property. These rights are clearly outlined in the standard Texas Real Estate Commission (TREC) One to Four Family Residential Contract, particularly in Paragraph 7. This contractual agreement provides buyers with a crucial period for…
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Winning an eviction case at the Justice of the Peace (JP) court is a significant victory for a landlord. However, it’s not always the final step. A tenant can appeal the ruling within five days, moving the case to the county court level. This starts the process over “de novo,” or as a completely new…
When it comes to selling a home in Texas, the process of providing a previous survey to the buyer just got a little easier. Thanks to new rules from the Texas Department of Insurance, the requirements for the T-47 Affidavit have been streamlined, making it a more convenient process for sellers. The Old Way: A…
A key part of successful property management is minimizing the time a rental property sits vacant between tenants. Most property management companies have a streamlined process for “turning over” a property to get it ready for its next resident. This ensures the home is in top condition and ready to be marketed for lease as…
Yes, it is possible to hold rental properties within a retirement account, and many people do so to diversify their investment portfolio. This is typically done through a self-directed IRA (Individual Retirement Account). While this strategy offers some significant advantages, it also comes with specific rules and potential complexities that every investor should understand. Setting…