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20 June 2024 | 18 replies
It was both, but knowing how they treat property is also a good indication of character despite a poor credit rating
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18 June 2024 | 0 replies
While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.
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20 June 2024 | 33 replies
A quick search of the timeline would indicate that her next job after being fired was in real-estate.
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20 June 2024 | 23 replies
When looking for a PM, consider these criteria:1) the experience and credentials of the broker who supervises the company as well as the lead property manager2) the services they offer and how they line up with your needs and expectations3) the use of technology to make their job and yours easier 4) if they have a landlord-tenant attorney on retainer to help guide them on legal issues (not to mention the creation of lease agreement, landlord forms and notices, etc.)5) their process and policy for a) listing, b) application, c) tenant selection, d) routine inspections, e) maintenance services, f) property and tenancy update reports to you, g) lease enforcement policy, and f) move-out process.6) property owner reviews (caution: you can't always rely on Google reviews, because they may not reflect actual quality of the company, but still) 7) beneficial programs for both owner and tenant 8) a property management agreement that would indicate they know what they're doing and have the experience to know what matters in a PMA.
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18 June 2024 | 0 replies
To follow these reports, it’s critical to understand how the metric is derived—in this case, there is a score given between 0 and 100, with 50 meaning stable, above 50 equating to expansion, and below 50 indicating a contraction.AuctionsLarge Treasury auctions, or large sales of new Treasury bonds by the United States federal government, have also had an effect on mortgage rates.
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18 June 2024 | 14 replies
Based on all macroeconomic indicators and housing trends, chances are high that rates and/or values will be lower in the 6-12 months.
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17 June 2024 | 12 replies
The tenants have been late numerous times (which I have documented) They have indicated that they will move out next week, but I am concerned that they might not or even worse destroy the place before moving.
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17 June 2024 | 9 replies
Has the tenant indicated if they want to renew or not?
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20 June 2024 | 37 replies
As others have indicated, a judgment is difficult to enforce against someone to get any money out of.
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18 June 2024 | 31 replies
If they insist on staying, then that indicates they aren't actually concerned.If they insist on testing, make them pay for it.