Talking about the eviction process in Texas might seem negative and depressing but as landlords, we need to think about evictions and know how to handle them. Otherwise, you’ll find yourself at a big loss. Today we’re discussing what not to do, how to manage the process, and some of the costs associated with evictions. Read more
This week various news sources state that United Parcel Service will build a 225,000 square foot distribution center on 50 acres of land where IH-35 and SH-45 meet. The facility should be up and running by the end of 2018. It is expected that this new facility will add 300 new jobs that will have a pay in the range of $50,000.
This is good news for Round Rock for the new hires that will staff the facility. It is also good news for us investors of area wide residential real estate. All of the contractors, and suppliers associated with bringing the building up to operations have to live somewhere as will the 300 new hires in 2018.
Rick Ebert / Austin, Texas / 18 May 2016
According to a recent article in the Austin Business Journal Austin small businesses grew 9.7% between 2010 and 2013 beating Provo, Utah that posted 6.8% – that folks is a wide margin. Austin small businesses accounted for over 35% of all jobs in 2012. Entrepreneurship is welcomed in Austin because it is relatively easy to do business here. There is a large educated labor pool, a can-do attitude, and folks making good money that want and will pay for goods and services. All these folks have to live in something and that is where you and I come into the picture by providing great housing rentals. Don’t forget 150 people a day come into our area – check the traffic if you don’t believe me!
Rick Ebert/ Austin, Texas/ 3 May 16
An article in the Austin American Statement stated that Apple is keeping their promise by adding jobs, and thereby wealth, to our fair city.
In an agreement with the city Apple agreed to create 3,600 new jobs in Austin in exchange for tax incentives. Since 2012 Apple has kept good on its promise and has added 2,089 new jobs – that’s about 550 jobs yearly, a very nice pace indeed. These new jobs average $54K yearly which in our area is a nice wage and add…s nicely to our booming local economy. In year ten the jobs will have an average wage around $74K and those figures will add even more to our economy. The article went on to quote Jon Hockenyos, a local economist, as saying that these are the kinds of jobs today that were the kind of jobs in the past such as manufacturing jobs that sustained families and built cities.
Since all workers need housing, how sweet it is to hold Austin area residential rentals to provide for the housing needs of our newly arriving employed citizens
Rick Ebert / Austin, Texas / 2 May 2016