ericstait's profile picture. Investor/Physician/Author/Speaker http://www.Vernonville.com #EO

Eric Tait

@ericstait

Investor/Physician/Author/Speaker http://www.Vernonville.com #EO

Eric Tait reposted

The governor issued the veto less than an hour before the deadline late Sunday night and did not immediately issue a statement. houstonchronicle.com/politics/artic…

HoustonChron's tweet image. The governor issued the veto less than an hour before the deadline late Sunday night and did not immediately issue a statement. houstonchronicle.com/politics/artic…

Been a slow real estate year, but we finally got one under contract. Cypress Texas, here we come.

ericstait's tweet image. Been a slow real estate year, but we finally got one under contract. 

Cypress Texas, here we come.

Eric Tait reposted

We ask all tenant reps to work landlord rep or do some investment sales underwriting for a bit when joining our firm. This is what we hope they learn: 1. Fixed renewal options are the equivalent of caps on the owner’s value. Memorize this. 2. Free rent up front vs lower…


We want to thank all of our investors who joined us on this latest project, we were able to purchase these 2 properties next to a property we already owned giving us a large presence in the sub market with a sub 4% vacancy rate. There are deals out there guys, be patient.

ericstait's tweet image. We want to thank all of our investors who joined us on this latest project, we were able to purchase these 2 properties next to a property we already owned giving us a large presence in the sub market with a sub 4% vacancy rate. There are deals out there guys, be patient.

This is the way

Bought US Treasury Bills this morning at 4.47% You don't pay any state or local taxes on these, so the "apples-to-apples" return is actually higher. This 4.47% is considered the "risk-free" rate, and nobody should be buying a 5% cap real estate deal given this. It defies math.



Just closed our most recent acquisition this week. 9 CAP, off market, Chinatown area of Houston, 95% occupied with upside rent growth. Retail is not dead.

ericstait's tweet image. Just closed our most recent acquisition this week. 9 CAP, off market, Chinatown area of Houston, 95% occupied with upside rent growth. Retail is not dead.

Eric Tait reposted

Your career is a long journey to an unknown destination without a map. I'm the old guy by the side of the road you stop and ask directions. The only career advice you'll ever need:


Eric Tait reposted

“What’s the best advice you ever received?” Never spend the principal, only the interest! This advice came from my mother and it's still my #1 investment rule ✍🏻


Loading...

Something went wrong.


Something went wrong.