How Real Estate Investment Groups Work

Real estate investment groups are like small mutual funds for rental properties. If you want to own a rental property, without the hassle of being a landlord, a real estate investment group may be the solution for you.

How it Works
A company will buy or build a set of apartment blocks or condos and then allow investors to buy them through the company, thus joining the group. 

A single investor can own one or multiple units of self-contained living space, but the company operating the investment group collectively manages all the units, taking care of maintenance, advertising vacant units and interviewing tenants. 

In exchange for this management, the company takes a percentage of the monthly rent.

There are several versions of investment groups, but in the standard version, the lease is in the investor's name and all of the units pool a portion of the rent to guard against occasional vacancies, meaning that you will receive enough to pay the mortgage even if your unit is vacant. 

For more information about Real Estate Investment Groups visit us online at Carlisle-Mitchell.com

Houston Home Sales Hit 6 Year High

April was the best month for home sales in Houston in almost six years as home buyers devoured new listings at a pace that local Realtors have not seen since before the recession.

With inventory exceptionally tight, Houston home prices hit all-time record highs in April, according to the Houston Association of Realtors.

The April surge continues an impressive 23-month real estate winning streak generated by low mortgage rates — with interest rates less than 4 percent — combined with the city’s strong economy — more than 111,000 new jobs were created in Houston over the last 12 months.