Happy New Year!

Wow! 2018 was a busy year for Fat Property. We added downtown properties, EaDo properties, Galleria area properties, and several additional Montrose area properties to our portfolio.

We’ve added properties faster than our website has been able to keep up!

From all of us at Fat Property, we hope everyone had a great 2018, and wish everyone an even better 2019!

New Montrose property: Welcome to the family 2014 Taft

This is a  collection of units in one of our favorite areas of Montrose.  It consists of two fourplexes with a single family in the middle.  Each of the units in the fourplexes are 1 bed / 1 bath while the single family in the middle is 2 beds / 2 baths.

Rents for the 1 beds start at $800 (Yup!  We’re still keeping rents affordable in Montrose).

We currently are full but have 1 unit coming up.  If you’d like to check it out and lock it down before it comes to market, just give our office a call @ 832-640-4444

 


(this is the only picture we have right now — from street view)

Happy Labor Day!

We’ll be closed so our team can enjoy this Labor Day holiday with their friends and family.  However, we’ll be back at it bright at early Tuesday @ 9am.

Reminder: Our normal office hours (all locations) is Monday-Friday, 9-6.  Our Montrose HQ (3800 Garrott) is open on Saturday from 10-2 (primarily for showings that have been setup during the week).

Hope everyone is having a great day!

“Resilient economy makes Houston top ‘buy’ market for apartment investors”

In interesting story in the Houston Chronicle. Discusses how well the multifamily sector is doing.  This should be great news for Fat Property, right?  Not really. We’re more buyers than sellers.  So when the prices of properties go up, that normally just means our property tax bill goes up, and it’s harder for us to find new properties to buy.

So while we’re happy to see our sector doing so well, I think a small pullback might be healthy for the long term success of this business.

What do you think?