General Contractors Houston for Construction Contracting

Houston Texas has many vibrant construction real estate investment opportunities for accredited investors and novice investors alike. Houston has proven to be a very resilient housing market the past 30 years. Most recently the past 5 years the city has withstood the collapse of oil prices and an estimated 81,000 lost jobs during that same period, according to the Associated Press. During this period more than 100 companies filed for reorganization under federal bankruptcy guidelines. According to the New York Times the Houston metro area is still growing by 400 people a day and is building 40,000 new single family housing units a year. Houston has consistently built between 35,000 – 45,000 homes since the apex of the financial crisis in 2009. The New York Times issue went on to say that Houston is the largest single family new home market in the nation representing 7% of the nations residential construction. For the purpose of this article we will limit our discussion to value add...

It has been more than 6 months since Hurricane Harvey’s impact devastated Houston area homes. During this time homeowners have fought with insurance companies, waited for repair contractors and tried to justify rebuilding their homes. Harvey was not just a hurricane, it was an economic game changer dropping upward of 50+ inches of rain water over a concentrated area of metro Houston in a 5 day period without relief. Houston is not new to pocket areas of flooding in the past. Houston has experienced 3 – 500 year floods in the past 3 years. Harvey in 2017, and Memorial Day floods in 2015 and the tax day flood in 2016. Statistically speaking the odds of experiencing 3 years of 1 in 500 chance of flood level rains is mind boggling. It is due to these staggering statistics that has homeowners questioning do they want to chance going through another horrific event like Harvey again. Primary Areas of Houston Affected by Flooding Although collectively more than 80,000 Houston homes took ...

If you are an accredited real estate investor for ground up or repurposing Houston investment opportunities the ideal partner is a general contractor in Houston. A general contractor in Houston can provide enormous insight for preparing conceptual concept ideas and the respective construction cost support for properly evaluating the financial and constructability of proposed projects. Real estate investing requires a large collection of special skills to succeed in developing profitable projects. These skills are acquired through personal experience, education and the proper 3rd party professional service providers such as an attorney, tax accountant, real estate broker and prime contractor.   The right general contractor in Houston can contribute to the investment opportunity vetting and offer guidance in alternate opportunities. Construction real estate investment projects increase the stakes for risk with all of the moving parts complicating the evaluation and assess...

Build to rent single family homes have arrived as an institutional investment grade asset. Wall Street has finally recognized that single family rental homes can be packaged to create a diversified portfolio that yields competitively with other similar alternative investments. Notable housing giants like Toll Brothers and Lennar have recently made substantial commitments to enter the build to rent housing market sector. The build to rent market is growing extremely fast and commanding a great deal of buzz with investors. This is principally attributed to   a higher level of consumer rental demand, due to renters increasing preference to raise their family in a single family home instead of an apartment. The National Home Builders Association estimates that 37,000 build to rent homes were constructed in 2017 and grew to 43,000 in 2018. These built 2 rent housing starts represent only about 5% of the total number of annual single family housing starts. The origin for the interest...