Realtor- Nancy Tran

10/08/2024

To whom may have been impacted by Hurricane Beryl. Per the Texas Tax Code, property owners can receive a temporary disaster exemption on a portion of their appraised value if their property is at least 15% damaged in a governor declared disaster area.

If your property is at least 15% damaged, you have documented proof and have not already filed, we encourage you to fill out the form available below. The deadline to apply is 10/28/24

08/04/2024

Investment groups such as blackstone or VCs come in early and drive or merely reenforce a frenzy or FOMO mentality. However, they are also early out. They have greater fear of major losses as opposed to not getting very last drop before a peak. It’s the late comers that hold the bags when the music slows or stops.

real estate has been a recurring theme that I’ve noticed

The question is not whether they are bearish. They work on a different scale and a different set of assumptions than a typical individual house owner. Hence, if they falls, their whole real estate portfolio will be foreclosed. The impact will not be limited to individual housing market.

This is interesting!

07/30/2024

Bankcruptcy sales off
Link in comment

07/28/2024

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07/26/2024

Eviction increases! GOOD OR BAD??

Evictions have increased most significantly in Sun Belt cities where housing affordability has worsened and where renters often have fewer protections.

Tenant eviction filings are well above the pre-Covid average in Gainesville, Florida (+46%); Las Vegas (+43%); Houston (+42%); Phoenix (+35%); Nashville, Tennessee (+31%); and Fort Worth, Texas (+25%), according to records tracked by the Eviction Lab at Princeton University.

Recently I just went through a hard time with tenants either they can’t pay the rent or pay late or higher maintenance demand

Since people don’t have enough income to pay rent usually income should be 3 times x rent but I would consider income =4 x rents cause all ultilies and other household expenses increasing consump most of their income

People said this is a pushing people living on streets but to protect landlords ( my clients). I should do the best as I can

05/08/2024

ALIEF is now Available

11522 Saulsworth
77099

Hot ALIEF
3 min from HONG KONG MARKET
1434 SQ Ft
3/2/2
Brick
Build 1970
$179,999

Will be a showing

05/07/2024

HOT HOT
77091
AVAILABLE NOW

Bertellis Lane
77091
4/2/2
Build 1972
All brick 🧱
Selling $168k
Rehab $40k
ARV $ $260

FCFS LOCK BOX
Text me on for access

Comp
5572 mountwood
Sold $272 k

5518 jumada pending $326k

4223 bayou vista sold $235k

04/30/2024

Tax exemption deadline is today
​
Property Tax Exemptions
What you need to know.
​
Property tax in Texas is locally assessed and locally administered. All real and tangible personal property in Texas is taxable in proportion to its appraised value unless the Texas Constitution authorizes an exemption. Texas law provides a variety of property tax exemptions for qualifying property owners.
​
The general deadline for filing an exemption application is before May 1. Make sure to click the button below to get full details on guidelines and how to apply.

SEE TX STATE GUIDELINES HERE

04/22/2024

mobile park 40 units NOI 87k asking 870k 4 acres hwy249
Contact 713-307-5432

04/18/2024

Off market

1 acre New Caney Home

Magnolia Blvd, New Caney, Tx 77357

3/2

1,216

Lot size - 46,174

Asking- $155k

Photos - https://photos.app.goo.gl/cd2cJvA5Qo8YXb3b6 (https://photos.app.goo.gl/cd2cJvA5Qo8YXb3b6)

6 new items added to shared album

04/15/2024

Choosing a good strategy for investments is a key in the thrill time with high sky rocket intersest and low inventory !!!

04/08/2024

‼️11827 Burlingame Dr, Houston TX 77099‼️

Asking: $205k
Est Rehab $35k
Est rent. $1900
3 bed/ 2 bath - 2 car attached garage
1,678 sqft/ 8,030 lot
Built 1971
FCFS - Vacant

- LOW DOM
- Outside of any flood zone

Pics: