
13 June 2018 | 0 replies
https://www.har.com/content/newsroom/Houston Real Estate Highlights in May: Single-family home sales rose 1.0 percent year-over-year, with 8,157 units sold, the second largest one-month sales volume of all time;Days on Market (DOM) for single-family homes increased slightly from 51 to 52 days;Total property sales edged up 0.6 percent with 9,721 units sold; Total dollar volume increased 2.0 percent to $2.8 billion;The single-family home median price rose 3.4 percent to $243,000, which represents an all-time high;The single-family home average price increased 1.3 percent to a record high of $305,511;Single-family homes months of inventory was flat at a 4.0-months supply, the highest level since last August and equal to the national inventory level;Townhome/condominium sales fell 6.4 percent, with the average price up 2.5 percent to $213,912 and the median price up 3.0 percent to $170,000;Leases of single-family homes declined 1.8 percent with the average rent up 3.7 percent to $1,845;Volume of townhome/condominium leases dropped 22.6 percent with the average rent up 1.0 percent to $1,580.

21 June 2018 | 17 replies
Additionally, here in Texas you arent liable for normal nightly hotel taxes if you are booked for 30+ days which equals a huge savings.

14 June 2018 | 2 replies
Now...according to my lease they have to give a 60 day notice, plus they pay a fee equal to 1 month rent, $1295 in this case.
16 June 2018 | 3 replies
If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff. 6.

28 July 2018 | 21 replies
If the book value of an asset is X and they sell it for Y, not only would they have to answer to their investors, they might have to answer to their regulators if they are disposing of assets at a discount just to clear their books, without a documented reason why (Like...Value may be "X" but, deferred maintenance equals "Z" so, discounting and selling for "Y").We aren't in the market we were from 08'-14' where this "strategy" may have been more acceptable.

15 June 2018 | 2 replies
My initial projections based on a buy and hold analysis are:$1550 a month in income(Lots of assumptions here)$904.78 monthly expenses(Including maintenance, management, and the vacancy rate)$645.22 monthly cash flow23.45% pro forma Rate$9240 net operating incomex 50% for expenses equals $775Monthly interest/payment equals $124.78Total monthly cash flow using 50% rule equal $65082.90% cash on cash return on investment30.90% purchase cap rateTotal operating expense $780 dollars a monthAs I stated earlier, the house is close to downtown and the State University.

19 September 2018 | 9 replies
I personally think Airbnb’s fraud detection measures are quite a bit better as they seem to have more insight into payments.We had a guest, let’s call her Parys because her fake identity first name that she used is an equally big city just as misspelled.

22 June 2018 | 30 replies
I like to keep things relatively equal, but if someone is bringing expertise to the table that adds value you otherwise wouldn't have realized then they should be compensated accordingly.

18 June 2018 | 5 replies
If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff. 6.

17 June 2018 | 0 replies
Looking for some info as far as deal quality and things to watch out for.Price: 149,900Units: 12More info:9 lots occupied. 8 of which are park owned.3 vacant lots and room to add 4 more.Ad claims 42,000 a year in gross income currently (with the 9 occupied units).I believe that makes rent/fees income equal to $500/month per unit.Wondering what sort of stuff to be wary of when reading ads like this.