What percentage of the monthly rent goes towards the house payment? \nThanks in advance!

Often it\'s use as away to shift responsibility when it comes to maintenance of the property. Also depending on how the contract is drawn up. If any thing goes wrong in the owners personal life. The property can receive judgements and liens attached to the property. That will create problems for future transaction or sales. Make sure you have a real estate professional to guide you in your decisions.

We are looking to purchase a residential lot in the Rice Military or Heights area. We are curious if it would be recommended to work with an agent, and if so what type of agent?

Take your time and find someone you trust. But the right agent can streamline the process from purchasing the lot, choosing the right title company, to trades and builders that are reputable.

My investors are concerned about investing in Houston after Harvey because they are worried that the usual house they buy, rehab/upgrade and sell will not sale quickly like previous sales.

About 130,000 homes was flooded in Houston and surrounding areas. Only about 20% of tbe home owners had flood insurance. So Harvey will force some to rebuild out of pocket slowly. Others will just want to walk away. But all of them families still need a place to call home. And we faced a home shortage before Havey. So with the right team and flood insurance investors can really help families get back to a sense of normallitu.