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9 October 2024 | 9 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.
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8 October 2024 | 22 replies
Now they have a concrete rule that allows them to remove your listing if you're a bad host.
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7 October 2024 | 22 replies
I have a property with a concrete wheelchair ramp. figured someone would love this.
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4 October 2024 | 8 replies
Arlington managed to defend its STR regulations in court by carefully gathering concrete data and framing its regulations around public safety concerns.
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11 October 2024 | 41 replies
. :) Now, I also provide a very unique space, being that I'm 2 blocks to the lake and have water views from my apartment.
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7 October 2024 | 16 replies
Depends on the contract language, but under typical language the seller is obligated to the sale if all contract terms have been met, and the jilted buyer can usually get a legal block prohibiting the sale to another party.
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2 October 2024 | 9 replies
According to the IRS guidelines, mobile homes set on concrete blocks and that are always capable of being moved from their sites on their own wheels are considered personal property (5 year).
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3 October 2024 | 3 replies
I have heard developing an rv park one should budget $30k per space, which seems high to me but, all the 50 amp underground power, waste plumbing, possible lift stations, pads for rv's concrete use areas, pavement, landscaping, engineering, surveys, sitework etc, maybe?
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8 October 2024 | 36 replies
Blocking unknown numbers, email junk folder, etc, takes care of another 25%.
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4 October 2024 | 15 replies
Quote from @Rob Block: Quote from @Greg Scott: I'm not familiar with these deals, but would be very careful when looking at historical results.