Green Residential
Water damage…the words alone are enough to make any homeowner shudder with fear. But if you own rental properties, you’re going to eventually face a situation where you have to deal with water damage. What do you do? Who is responsible? Where do your renters go? Questions like these abound – so make sure have the answers before something happens. … [Read More]
Houston is one of the most important rental markets in the United States, with the third-highest number of apartments of any American city – but all isn’t well for the city’s tenants. In a recent study performed by the University of Texas School of Law, researchers determined that about 40% of Houston apartments were built between 1960 and 1979, a time period marked by lower safety standards. These conditions were made worse by Hurricane Harvey, which severely damaged about 43,000 units throughout the city. Taken together, a substantial portion of Houston’s apartment stock is in poor condition and may not be safe for their residents.
Although investment properties often yield a predictable cash flow and healthy margins, they can also open you to substantial levels of risk. Those risks are significant enough that some people just avoid this form of investment.