Yearly Archives: 2017
Anatomy of a Multifamily Real Estate Syndication
Two articles ago, I explained why “the best investment on Earth is earth.” Last month, I showed you why apartment complexes are the best of all real estate investments. But if you want to buy a midsize apartment building, unless you’ve got $10 million or so in cash sitting in your bank — in… Read More »
Trail of Tiers: the New Texas Annexation Rules
From 1836 to 1850, the U. S. Government’s policy was to force the various American Indian Civilized Tribes to relocate, on foot, to lands west of the Mississippi River. Most ended up in Indian Territory now known as Oklahoma. The journey was so arduous that over 10,000 Indians died on the way. The trek… Read More »
Hurricanes and Catastrophic Status in Texas Property Law
For those of us that live on the Texas Gulf Coast, and particularly Houston and surrounding areas, it is painfully evident that the struggle to recover from the floods of Harvey continues, and complete recovery is unimaginable. This blog follows several blogs by our firm touching on property law issues that have manifested in… Read More »
Hurricane Harvey Underscores Flooding Definitions in Real Estate
Hurricanes Harvey and Irma have devastated property in the coastal regions of our country, especially in Texas and Florida. For insurance purposes, it may be necessary to determine whether damage to a particular property is a result of “windstorm” or “flooding,” which generally depends on how those terms are defined in the insurance policy…. Read More »
Why Multifamily Real Estate is an Evergreen Investment
In my last article, I showed you why real estate is the best investment out there – why “the best investment on Earth is earth.” And of all possible real estate investments – single-family, retail, office, industrial, you name it – apartments are the best of the bunch. If you buy a $4 million apartment complex… Read More »
Hurricane Harvey: Unprecedented in Scope, Overcome by Enduring Human Spirit
Randle Law Office is proud to serve multiple cities in southeast Texas within a region loosely referred to as “Houston,” and these communities are rising to an occasion of enormous scope. Despite this staggering strain, local officials and residents are finding new strength. In this week’s blog, we depart from our typical legal discussions… Read More »
Who Owns the Street?
They say that all roads lead to Rome, but does anybody ever wonder who owns those roads? We occasionally encounter that question in our practice, and the answer often varies. In common parlance, the term “road” generally refers to an unimproved public way, while the term “street” refers to an improved public way—hence why… Read More »
Why is Real Estate Investing So Ideal?
“The best investment on Earth is earth.” – Louis Glickman Chris Rock once famously explained the difference between rich and wealthy: Shaquille O’Neal is rich, Rock said. The man who signs his checks is wealthy. And if you want to get wealthy in America – to acquire life-changing, generations-lasting wealth – the surest and… Read More »
Vesting: When a Property Development Plan is Grandfathered … or Not
VESTING (Not an article of clothing) (Not assuming office) (Not what Warren Buffet does) Does the NFL change rules in the middle of a football game? The NCAA? Is it fair for a city to change the rules in the middle of developing a parcel of land? With the recent tower fires in London… Read More »
Texas Young & Old: How Demographics are Changing in Cities, Large and Small
If you think the demographics of your Texas town has shifted to older homeowners and young renters, you may be right. If this is true, how will this affect the real estate market and marketability of your home? Better yet, who will run for political office and step up to help run towns and… Read More »