pid=2114Houston Real Estate Highlights in August, 2024:• Single-family home sales declined 8.3 percent year-over-year• Days on Market (DOM) for single-family homes went from 43 to 47 days• Total property sales were down 11.2 percent with 8,730 units sold• Total dollar volume declined 8.8 percent to $3.5 billion• The single-family median price was down 0.3 percent to $336,940• The single-family average price rose 0.9 percent to $421,912• Single-family home months of inventory registered a 4.5-months supply, up from 3.2 months last August• Townhome/condominium sales continued to decline, falling 16.7 percent, with the median price statistically flat at $226,000 and the average price declined 1.2 percent to $258,952.

Daily finance reading is boring.Want a successful career?

here are my stats on 6 months being with them (not by choice but they acquired the property manager I had in chicago) I have 22 units in 4 buildings    Rent 22.5% lower rent      Expense 34% increase in expenses Also all expenses are way above market rate with minimum oversight for vendors overcharging or proper negotiation for volume work.

If you don’t have any serious volume of closed business under your belt or if you are trying to get me to join EXP or KW please do not bother.

I can't fix it if I don't know it's leaking because I don't want to inspect your apartment every single day - you're renting a space for quiet enjoyment....that includes not being bombarded by the landlord daily. 

This includes (but not limited to):-Quiet Hours-What spaces can and cannot be used-Guest policy (make sure to limit days in a row and in a month)-Pet policy (even if you don't allow pets, if someone has an ESA animal, it would be good to have guidelines in the event they surprise you with one, otherwise you are SOL and of course take into consideration fair housing laws)-How is trash put in the cans (in bags, not just thrown in) and when can trash cans be taken to the street and put back-How is the late free structured (one time flat fee or a daily fee)2.

The old joke "we lose $100 on every one we sell, but we'll make it up in volume" comes to mind.It's too painful to read the entire thread, so if this is redundant, just understand that I run the department of redundancy department.

Average Daily Rate (ADR):Look at the average daily rate for comparable STRs and bed and breakfasts in your area.

All done through govdeals.com At this point the easiest and simplest and least costly thing to do is to just go to your local attonrey that does real estate closing and Pay for a title commitment/  We call them preliminary title reports on the left coast.. get the report and read it.. usually cost 200 to 400 bucks.. we get them for free from our title companies based on our volume of orders we send them..

The small bank I used does desk appraisals up to a certain volume.