
20 June 2024 | 2 replies
In general, when the landlord's property causes damage to tenant's property, the landlord is liable, unless there is proof that the cause of the water leak was the tenant (unlikely I presume).

21 June 2024 | 13 replies
After some back and forth, they agree to consider my offer of $40K and I bought another one at that price.So all in all I did OK, the cash flow was good, and when the market top came in 2003-2006, I manage to unload it for close to $100K.The thing is, this is a brand new condo, but walk a block away, you got section 8 housing.

20 June 2024 | 5 replies
@Malick NgomGet an attorney to send a certified letter requiring signature and include the satisfactionIn most states a lender can be held liable for damages for not recording the satisfaction

19 June 2024 | 18 replies
I'd just have to remember to check it everyday and somehow ensure that the dirt doesn't block the camera from reading the meter.

19 June 2024 | 7 replies
I've also explored manually blocking off the calendar, but this requires constant attention and work.

18 June 2024 | 0 replies
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.
19 June 2024 | 4 replies
If you’re on a block of mixed use properties, you may have to rezone to turn the floor into a sleeping apartment.

19 June 2024 | 3 replies
Hi I am new multifamily investing wanted some help analyze 10 unit multifamily unitIt’s 12 blocks away from little Italy towards Glenville in Cleveland How much you pay for door how can I get the comps 90% rented and roof is new Six of the units are 2 bed 1 bath and 4 units are 1 bed 1 bath- 9 of them rentedHow do I run the comps for this what would be the best priceAny recommendations on inspection company

18 June 2024 | 18 replies
It really depends on the condition and if the person smoked indoors and was a heavy smoker.You are going to have to wash all of the surfaces with TSP, chances are you will need to repaint (especially if they've been there for 10 years) and may need to stain block the ceilings before painting.
21 June 2024 | 10 replies
It's hard enough when a tenant damages my rental and it happens.