Teixeira Property Management

⚡️🎙Those Flippin Costs💥🎥

In this episode, John and Kyle discuss the costs involved in flipping houses and the challenges that arise during the process. They emphasize the importance of understanding the true costs and potential risks before getting into flipping. They break down the costs step by step, from the initial purchase to the final sale, highlighting the various expenses that can eat into potential profits. They also touch on the current market conditions and how they impact the flipping business.

Key Takeaways:

• Flipping houses requires careful consideration of all costs involved, including closing costs, repairs, holding costs, and selling expenses.
• It is crucial to accurately estimate repair costs and budget for potential overages.
• Market conditions and location play a significant role in the profitability of a flip.
• Real estate agents, lenders, and other professionals involved in the process should be factored into the overall costs.

Episode 62: Those Flippin Costs
Direct 👉 https://show.wearetpm.com/listen
Hosted by John Teixeira and Kyle Teixeira of Teixeira Property Management LLC

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🎙😷Evictions Post COVID🎧💥

In this episode, John and Kyle discuss the eviction process in Texas, focusing on Tarrant County and Dallas County. They highlight the differences in eviction rules and changes during the COVID-19 pandemic. John mentions that during COVID, there were two different approaches in the two counties, with Tarrant County practically ignoring federal government guidelines while Dallas County implemented stricter measures. They also discuss the notice requirements for eviction, including the three-day pay or quit notice and the notice to vacate. John explains that the three-day pay or quit notice is a standard procedure required by the property code, while the notice to vacate is the only notice required by the court. Kyle mentions that Dallas County has introduced a ten-day notice of intent to evict, which serves as an extension of the three-day notice. The guys provide an overview of the eviction process and the timelines involved.

Key Takeaways:

• Eviction rules and changes vary across different regions, and it's important to understand the specific regulations in your area.
• During the COVID-19 pandemic, Tarrant County and Dallas County had different approaches to eviction, with Tarrant County being less strict.
• The three-day pay or quit notice is a standard procedure required by the property code in Texas.
• The notice to vacate is the only notice required by the court in eviction cases.
• Dallas County has introduced a ten-day notice of intent to evict, which serves as an additional step before the notice to vacate.

Episode 61: Evictions Post COVID
Direct 👉 https://show.wearetpm.com/listen
Hosted by John Teixeira and Kyle Teixeira of Teixeira Property Management LLC

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⚡️🎙Market Update With Trever Kerr from Gateway Mortgage🎧
Trever Kerr Trever Kerr - Gateway Mortgage
In this episode, John and Kyle are joined by Trever Kerr from Gateway Mortgage to discuss loan assumptions and provide a market update on the mortgage and real estate industry. They explain that loan assumptions can be a valuable option for both sellers and buyers, allowing sellers to stand out in a competitive market and buyers to secure a low-interest rate loan. They also discuss the current interest rate trends and advise against waiting for rates to decrease, as the market may change and prices could increase. The key message is to focus on building wealth through real estate and not get caught up in the details of interest rates.
Episode 58: Market Update With Trever Kerr from Gateway Mortgage
Direct 👉 https://show.wearetpm.com/listen
Hosted by John Teixeira and Kyle Teixeira of Teixeira Property Management LLC

Easily listen to WeAreTPM in your podcast app of choice Quickly and easily listen and subscribe to WeAreTPM for free in your podcast app of choice.