Greg Buchanan

Houston Strategic RE Group

Greg Buchanan Bio

" Let me put my 35 years of real estate experience to work for you. With a background in residential and commercial/investment properties, I will make sure you build a winning strategy for all your real estate needs."

National Trainer for Real Estate Franchises

Experience in Land Subdivision and Development

Track Record of Building Award-Winning Sales Teams

Member of HAR

Listings by Greg Buchanan & Prior Sales

Greg Buchanan Specializes in the following Neighborhoods:

Community Activities by Greg Buchanan

69 Points  

Bronze Level
  |   Learn more
Are the Katy / Sugar Land areas a good investment for rental homes in the mid-200k price range?

Wow, what a range of answers. With all the volatility in the stock market, there is more interest in starting a real estate rental portfolio now than ever. However, the level of service offered to starter investment clients varies as much as these answers. Most all of the answers focus on the operating/holding phase of the investment, but real estate has four distinct investment benefits and the most important to your bottom line returns is appreciation. It is not considered by most agents when counseling clients - maybe because it is not guaranteed, but it can still be the biggest component of your portfolio returns. I have always trained agents to do an Equity Yield Analysis that determines the total annual yield on equity for each property owned and considered to buy. This analysis can be forecast into the future using historical data for appreciation to estimate future tracks. Proper disclosure must be made for market forces that may change the track. The analysis will accurately determine the best properties to buy, the annual yields on each, and even show the options for exit (either sell or refinance) when yields drop below portfolio goals (usually in 5-7 years or sooner in a good market like Katy/SL). If you are able to buy at a good price, the period to reposition the equity may even be as short as 2-3 years. If you like the property and location, this usually means a refi and additional purchase. By keeping your portfolio returns maximized instead of unmanaged, the portfolio equity will increase dramatically faster. Too many investors are focused on their cash flow return instead of total return and the result is years of lost financial benefits. Every investor buying a mutual fund or even a bank CD insist on knowing their annual total return/yield but have no idea what their real estate investments are yielding until they sell and can go back and tally the actual yield. Should have been done every year since they bought the property.

in Home Buying, 6 months ago
Trampoline liability waiver?

This definitely is an issue clients should have qualified legal counsel on before making a decision and taking action. Trampolines have a history of causing neck/spinal injuries that lead to huge lawsuits. I am not qualified to provide any opinion on this but it has been my experience that your clients will find out they cannot completely assign their risk to the tenant with a form. They will likely be advised to refer to the standard TAR Residential Lease that prohibits any activity that causes an increase in insurance premiums - including trampolines. The Broker/Lawyer Committee probably included this specific language after researching the issue of trampolines, water ground slides, etc. and decided these are high risk activities best left for homeowners to deal with their own insurance companies, not to be negotiated as part of a lease.

in Realtor Only, 6 months ago
Looking for realtor(s) to help me find SF/Duplex/Triplex/Fourplex investment properties in the greater Houston area

First step is to meet with your agent/broker and determine what are your specific objectives. At any time there are 400-500 multifamily properties listed on HAR and in my 44 years of experience, if you listed them all in order of best to worst, the best 5-10 would be absolute bargains and the worst 5-10 would be total disasters. A good agent/broker can help you determine not just the best areas for you, but how much rehab you are willing to endure in a purchase, the relative age/condition of the property will determine the ongoing repair and maintenance you will have to provide. The rental history can be normal for the market or the property may have underperformed due to poor management. I have worked with investors for 44 years and finding the best properties to build your portfolio is a function of assessing your goals and formulating the optimum plan to achieve them through real estate investments. However, one thing remains constant, because of favorable tax laws and low interest rates, this is the best time to be taking an aggressive position in real estate investments. \n\nGreg Buchanan, Broker/Owner Houston Strategic Real Estate Group\n 832 741-6018

in Foreclosures & Investments, 11 months ago

Office map

Houston Strategic RE Group

1407 3rd st , Galena Park, TX 77547

Greg Buchanan with Houston Strategic RE Group is a real estate professional in TX. View Greg Buchanan bio, Listings by Greg Buchanan, Neighborhoods where Greg Buchanan is active and more. You can contact Greg Buchanan by phone, email or visit the website.

Email Greg Buchanan
Texas Real Estate Commission Consumer Protection Notice | Texas Real Estate Commission Information About Brokerage Services

Contact Greg Buchanan

Please limit to 500 characters.

Request Information
Click to view phone