A peek behind the curtain… Our most popular listing

We just took over management of a few properties in the museum / midtown area. One of them had a small studio unit. The previous owner listed it for $550 in the past so we decided to honor that pricing. It’s nothing fancy. And it’s small. But it’s in a good area and part of a small 5 unit property.

We received so many inquires on that listing that it actually caused our average total daily inquires to double. Which is crazy given we manage about 1,700 units. At the very end of the week the increase vs. the previous dropped as this unit was taken off the market.

The info below is only capturing people who emailed us via search sites like apartments.com, zillow, har, etc. and does not capture people who saw our listings and called.

In total, in the week it was live, over 100 people inquired about that unit through search sites. I’m proud to note that we responded to each one (the reason I’m proud of that is we hear from prospects all the time that they email listings and never hear from property managers. We make sure everyone gets an email and a text back within 15 minutes, and we normally follow up a few times after that. Here is an old owners blog on the topic).

Even though this listing got a lot of attention, it tracked with our normal response rate of about 20%. Meaning of the 100 people who emailed us about it, only about 20 of them replied to our text/emails back to them (which is no problem as we understand many people are just browsing on those sites and don’t really want to be contacted).

Map improvements

We’ve updated the Fat Property locations map to have a few different layer options. This helps finding a property where you want to live even easier. Now you can turn off layers that you might not be interested in such as our sold properties, or commercial, or single family homes.

Note that while the map page shows all our locations, our rentals page shows the units at our properties that our managers have listed for lease. If you see a property on our map site that isn’t on our rentals page, you’re always welcome to call our team to see when a unit over at the property you want may be coming up.

A friendly Fat Property team member at our Montrose HQ can help you out M-F, 9-5:30

click or tap the image to view a live version of this map

Happy to announce some new properties!

A few of them are in the museum district submarket, so we’ve added that as a menu option when you click or tap the ‘properties’ button on the top of our site. Another of the new properties are in midtown, so we tossed it in that menu section.

We’re happy to add these to our portfolio. It allows us to continue to offer affordable rental options for those looking to be in central areas of town. Rents start at under $800.

“He pauses shaving and he tells himself that he is the bomb
She has her curlers set, her credit cards are paying the funds”

Happy 15th Birthday Colquitt!

As Fat Property celebrates it’s 15th Birthday, we’ll have more and more properties celebrating their own 15th birthday. The first property we bought was on the 2000 block of Branard. That property has since been sold. That leaves 710 Colquitt as the property we’ve owned longer than any other.

CHEERS TO YOU 710 Colquitt! My how time flys….

“Now as I walk down the street, I need a job just to sleep in sheets
Buying food every once in a while, But not enough to purchase a smile”

Bye Hadley… It was fun while it lasted

A little over 5 years ago, we extended our property types from Multifamily to commercial and land. With the purchase of the “Hadley Portfolio” we added a community center (which was in operation as a school at the time), a small office building, a church, a home, and a lot of extra land. All in the up and coming 3rd ward area of Houston. Right in the shadows of downtown.

Soon after the purchase, the person who was running the school (and leasing the church) lost his charter. So he shut down and canceled his lease. We ended up finding a new renter but also made the decision to sell the property. And while we had some ups and downs with potential buyers, we found someone that got passed the finish line.

So Hadly — we’ll miss you. We wish the new buyer the best of luck!

“But people are what they wanna be
They’re not lemmings to the sea
Maybe it’s time you looked at yourself
And stop blaming life on someone else”

Walmart added to our “Pay Near Me” program

A few years ago we let our tenants know about a program we have called “Pay Near Me“. It allows tenants to pay their rent with cash at almost any CVS, Walgreens, Family Dollar, Ace Cash Express, or 7-11. As you can guess by the name of this post, Walmart has joined the list of locations you can drop off your rent.

All a tenant needs to do is get a QR code, located on their tenant portal (if you’re a tenant and don’t see this option, please reach out to your property manager or email us at [email protected]). Take the QR code to a participating store. They’ll scan the QR code, take your rent payment, and instantly apply the payment to your ledger.

This is a great option as there are no money orders that need to then be taken to the office. Or dropped in a mail slot. It saves everyone time and removes the chance that something is lost. Another advantage is avoiding late fees. If it’s the end of the day before late fees hit, you can pay your rent with cash at one of these locations and it’s instantly applied vs. taking it to the office the next day or over the weekend.

Of course, this option is in addition to other popular online payments we offer such as electronic check (ACH) and credit card

We HIGHLY encourage any tenants that are still buying money orders and dropping them off to the office to take advantage of this service.

This is only a partial list of some of the many locations inside the 610 loop that you can pay your rent with cash using Pay Near me

Another commercial property joins the fold

If you’re driving along i45, between beltway 8 and 610, feel free to stop by our commercial center at 9820 North Freeway

Need a spicy gift for your significant other? Or a like-new stove? Or both? We got ya covered!

This location is home to Katz and Factory Direct Liquidation

Been gone a long time, I kinda lost my way, can’t find it
And I caught a short ride to the grave and back this season
I can try to get by, but every time I start to panic
I’m a little bit shy, a bit strange, and a little bit manic