By Katherine Feser Updated 6:33 pm CDT, Tuesday, October 16, 2018 Strategic Storage Trust IV has acquired a six-property self storage portfolio. Among the acquisitions is 7474 Gosling Road in The Woodlands. Strategic Storage Trust IV has acquired a six-property self storage portfolio. Among the acquisitions is 7474 Gosling Road in The Woodlands. Photo: Strategic Storage Trust IV Photo: Strategic Storage Trust IV Image 1 of / 1 Caption Close Image 1 of 1 Strategic Storage Trust IV has acquired a six-property self storage portfolio. Among the acquisitions is 7474 Gosling Road in The Woodlands. Strategic Storage Trust IV has acquired a six-property self storage portfolio. Among the acquisitions is 7474 Gosling Road in The Woodlands. Photo: Strategic Storage … [Read more...] about California investor buys self storage portfolio in Houston suburbs, College Station
Investors buying up houses
How to Buy a House the Wall Street Way
To help Wall Street buy tens of thousands of houses, Martin Kay and his colleagues taught a computer to spot a sunny kitchen. Ever since last decade’s foreclosure crisis, institutional investors have been gobbling up single-family houses and becoming landlords. They have criteria just like individual buyers: three or more bedrooms, two baths, a garage, good schools, low crime, high rental yields—and bright, sunlit kitchens. Unlike them, investors buy in volume and don’t have time to go to thousands of showings.... … [Read more...] about How to Buy a House the Wall Street Way
Buy a house before it hits the market with these tips
These tips can help you buy a home before it hits the market. (iStock) Buying a home is a lot like running a race: Once a listing goes live, buyers have to sprint off the starting block before throngs of other buyers start bidding. Talk about stressful! What if there were a way to buy a house before it's officially on the market? Well, there is—and it can help you snag your dream house long before your competition even knows it exists. “Making moves to get ahead of the general public when you’re the buyer is wise if you want to get the perfect house,” says real estate investor Steve Davis, founder of Real Wealth Academy, LLC. “All it taskes is a little ingenuity and some sleuthing, to find out which homes are going on the market before the listings go live, so that you’re ready to pounce.” More From Realtor.com 5 Common First-Time Home Buyer Mistakes You Won't Want to Make Yourself How to Buy a … [Read more...] about Buy a house before it hits the market with these tips
Looking to buy a house in Dallas for under $200,000? Good luck
And that median price is far higher than what a typical Dallasite can afford. Median annual household income in the Dallas area is $51,411, according to most recent census data. That typical Dallasite can afford a house that costs as much as $151,700 — assuming a 30-year fixed-rate mortgage at 4.7 percent interest rate and a $30,000 down payment — according to Realtor.com. What houses do appear on the market for so low are usually snapped up by cash-on-hand investors, said Kaki Lybbert, a realtor with Century 21 Judge Fite in Denton and the chair of the Texas Association of Realtors."Once it hits the market, it's gone," she said. "If there were homes being built in that (lower) price range, then that's one thing — but they're not." These often-corporate property owners sometimes rehab and flip the houses at a markup. But more likely, they buy the houses and rent them, contributing to a booming rental market. The owner-occupied housing rate in Dallas … [Read more...] about Looking to buy a house in Dallas for under $200,000? Good luck
Investors buy The Gramercy apartment buildings and land
A "G" sculpture for the The Gramercy's apartment buildings in Las Vegas, Thursday, June 7, 2018. Erik Verduzco Las Vegas Review-Journal @Erik_VerduzcoThe Gramercy, a mixed-used development once known as ManhattanWest, at 9265 W. Russell Road on Tuesday, April 25, 2017, in Las Vegas. (Bizuayehu Tesfaye/Las Vegas Review-Journal) @bizutesfayeThe Gramercy, a mixed-used development once known as ManhattanWest, at 9265 W. Russell Road on Tuesday, April 25, 2017, in Las Vegas. (Bizuayehu Tesfaye/Las Vegas Review-Journal) @bizutesfayeThe Gramercy, a mixed-used development once known as ManhattanWest, at 9265 W. Russell Road on Tuesday, April 25, 2017, in Las Vegas. (Bizuayehu Tesfaye/Las Vegas Review-Journal) @bizutesfayeThe Gramercy's apartment buildings in Las Vegas, Thursday, June 7, 2018. Erik Verduzco Las Vegas Review-Journal @Erik_VerduzcoThe Gramercy's apartment buildings in Las Vegas, Thursday, June 7, 2018. Erik Verduzco Las Vegas Review-Journal @Erik_VerduzcoThe Gramercy's apartment … [Read more...] about Investors buy The Gramercy apartment buildings and land