Great macroeconomics - lots of population growth, job growth, and companies choosing to move and develop here.

Accept that the successful RE investors have a well developed skill set that is not immediately acquired.

The education and health services sector alone added 23,800 jobs in the past year, reflecting a significant expansion in these industries, particularly in healthcare and social assistance​.Proximity to Major Employment Centers: Greater Heights offers convenient access to key employment hubs such as downtown Houston and the Galleria area, which are major attractors for residents due to the short commute and abundant job opportunities​.Education: Nearby institutions like University of Houston and Rice University contribute to the area's appeal.Infrastructure Projects: Ongoing developments like the East Blocks Redevelopment and BioHub II at Generation Park enhance local amenities and attractiveness.Investment InsightsGreater Heights Rental Market Trends:Single-Family House Rentals:Median Rent: $1,350 for 1 bedroom, $2,695 for 2 bedrooms, $3,250 for 3 bedrooms, and $6,100 for 4+ bedrooms​​.Stability in rent prices with modest YoY increases: 2 bedroom rents increased by $195, and 3 bedroom rents by $250​​.Median Sold Price YoY ComparisonApartment Rentals:1 bedroom apartments saw a YoY increase of $305, 2 bedroom apartments by $667, indicating strong demand for these unit types​​.Available Rentals:High availability of both house and apartment rentals, indicating a robust market that can support new rental investments​​.Sales Market Trends:Median Sale Prices:Significant appreciation in home values, particularly in 1-bedroom homes, which saw a 190.7% increase from $215K to $625K​​.Other bedroom counts also showed positive appreciation, e.g., 2 bedrooms (5.3%), 3 bedrooms (6.5%), 4 bedrooms (17.4%)​​.Market Activity:Increased number of homes for sale and sold, suggesting a dynamic and active real estate market.

It might be worthwhile to focus on neighborhoods that are on the cusp of development or have strong local amenities, as those often see the most appreciation over time.

On Monday, we presented our 253-unit townhome Planned Unit Development (PUD) to the City Commission and received a favorable 4/5 vote!

Back then water was so cheap that developers of multifamily buildings just included in the rents.Today is a different time and place so water is called "liquid gold".

I just got off the phone with a real estate developer.

We chose RentVine because it's a new company with an ambitious development team.

Then it may be possible to develop a better repair budget or adjust the preventative maintenance schedule.For example, unexpected property damage could be viewed as a short-term issue, and you should quickly bounce back financially.

This investment not only reflects the growing demand for cloud computing and AI capabilities but also highlights Texas as a key hub for technological development.