FAQ

Qualification Standards

 

  • Your Application will be denied if you do not meet the below standards for qualification. 
  • Applicants must have current photo identification and a valid social security number.
  • Applicant’s monthly household income must exceed three times the rent. All income must be from a verifiable source. Unverifiable income will not be considered.
  • Applicants must receive positive references from all previous landlords for the previous 5 years.
  • Applicant may not have any evictions or unpaid judgments from previous landlords
  • Applicant must exhibit a responsible financial life. Credit score must be a minimum of 600.
  • A background check will be conducted on all applicants over 18. Applicant’s background must exhibit a pattern of responsibility.
  • Applicant must be a non-smoker.
  • Occupancy is limited to 2 people per bedroom.
  • At landlord’s discretion, compensating factors such as an additional security deposit or co-signer (guarantor) may be required for qualification if Applicant fails to meet any one of the above requirements. In the event of multiple applicants, tenancy will be granted to the most qualified, based on the above criteria.

One Way Properties, LLC is in the real estate investing business.  All investment opportunities involve potential risks, which may in some cases result in losses that equal or exceed the entire principal invested, and therefore certain transactions may be unsuitable for certain investors. Suitability is a critical factor in any investment decision.  Unless you qualify as a non-accredited investor under applicable law, our investments are for accredited investors only.  Any information you receive through this website, links from or to this website or from any of our companies you must consult with you own legal advisors.  None of our investing information is prepared in relation to your circumstances and before making any investment or taking any action with respect to an existing investment you should consult your own financial, legal, accounting, tax and other advisors as appropriate.  In any dealing with us you are accepting to previously consult with your own legal advisors and thus you should not rely on nor accept and use any Information from us, and if you do so you are thereby representing and warranting to us that you can make your own evaluation of its contents and that you are not relying on One Way Properties, LLC or any of our companies, agents, representatives, officers or employees, for advice or recommendations.

 

The Information is not intended to constitute a solicitation or offer to sell or to purchase any securities, nor shall it (or any part of it) or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefore.   Unless otherwise stated, any securities described with respect to our investments have not been and will not be registered under the U S Securities Act of 1933 as amended (the “Securities Act”) and may not be offered or sold, directly or indirectly, in or within the United States or to, or for the account or benefit of, any U S person, except pursuant to an exemption from, or in a transaction not subject to, the Securities Act and applicable U S state securities laws.

We are in the wholesaling business which requires compliance with Texas Occupations Code § 1101.0045. Equitable Interests in Real Property. 

a) A person may acquire an option or an interest in a contract to purchase real property and then sell or offer to sell the option or assign or offer to assign the contract without holding a license issued under this chapter if the person:

  1. does not use the option or contract to purchase to engage in real estate brokerage;  and
  2. discloses the nature of the equitable interest to any potential buyer.

b) A person selling or offering to sell an option or assigning or offering to assign an interest in a contract to purchase real property without disclosing the nature of that interest to a potential buyer is engaging in real estate brokerage. and Sec. 5.086 Equitable Interest Disclosure: Before entering into a contract, a person selling an option or assigning an interest in a contract to purchase real property must disclose to any potential buyer that the person is selling only an option or assigning an interest in a contract and that the person does not have legal title to the real property.  When  engaging us to wholesale your property please be sure you understand that we may sell the option or assign or offer to assign the contract.  We are not a licensed real estate broker or real estate agent.

We absolutely love working with stellar people. Connect with us  at info@onewaytexas.com.  Our company has a strong foundation for its work ethics and business culture. At the heart of One Way Properties are our core values. Our highest values are truth, honesty and integrity. We say what we do and we do what we say. A powerful part of our culture is that the team is very capital conscientious;  As explained by our President Juan Carlos Gastelum. “doing right by their investors, partners, tenants and employees is of utmost importance” One Way Properties employees enjoy coming in to work each day. They wake up and feel excitement for the day ahead. They are confident that they are making a difference in people’s lives.  They know that when they get to work, they are in control of their day, and are not micromanaged to achieve the company’s goals.

The Key Drivers for the company are the metrics for Cash Flow, Rate of Return, and Stacking of Real Estate Units. Every stakeholder of the company has a clear understanding of these metrics and contributes to meeting them.

We are an up and coming real estate investment company with deep roots in the Rio Grande Valley. However we continue to grow and expand other Texas metro areas.

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