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All Forum Posts by: Chris Broussard

Chris Broussard has started 0 posts and replied 7 times.

Post: Looking for recommendations on property management in Galveston

Chris BroussardPosted
  • Rental Property Investor
  • League City, TX
  • Posts 7
  • Votes 5

A couple to call... they do vacation rentals

-ABSea

-Ryson

good luck

Post: Networking in the South Houston Region

Chris BroussardPosted
  • Rental Property Investor
  • League City, TX
  • Posts 7
  • Votes 5

Welcome and good luck. Lots of good local deals especially for a contactor!

Post: Lake home or condo vs. coastal / canal in Galveston

Chris BroussardPosted
  • Rental Property Investor
  • League City, TX
  • Posts 7
  • Votes 5

I dont know about the Lake Conroe area but besides the summer rents in Galveston a great revenue stream in the off season is the winter transplants (Snow Birds) from up north on a monthly basis. I would recommend you reach out to a rental property management company in both areas and have them give you an idea of revenue and days occupied for a comparable property. Good luck and happy investing!

Post: Galveston STRs kept in a rental pool

Chris BroussardPosted
  • Rental Property Investor
  • League City, TX
  • Posts 7
  • Votes 5

There are a couple options available to you.  The rental pool like Casa Del Mar has will manage it all for everyone in the pool and then divide the profit evenly.  This approach can be beneficial for someone who wants a bare bones property with no updates to the unit(cheaper to own).   If you prefer to have the property updated or customized you would spend extra money and see NO gain in profits because of the rental pool. 

The second option is to use rental companies to manage your property.  There are many out there but the 2 that come to mind are ABSea and Ryson in Galveston. These types of companies will manage your condo fully just like the pool will but you will be paid for your properties income. This way there is an incentive to update and keep your property nice. 

SUMMARY-

Rental pool= less but more steady money

Individual rental co.= more money more fluctuation in amount. 

GOOD LUCK IN YOUR CHOICE

Post: Looking for a good property management company in Galveston TX

Chris BroussardPosted
  • Rental Property Investor
  • League City, TX
  • Posts 7
  • Votes 5

Rapp management is another great choice!

Post: New Investor looking for Galveston Condo rentals feedback.

Chris BroussardPosted
  • Rental Property Investor
  • League City, TX
  • Posts 7
  • Votes 5

Hi JN, I USED to be highly involved with seascape condos working for the rental company onsite ABSea  in 2008 the one bedrooms properly setup and good location could get between high 20k to low 40k. I would call Kelsey at 4097401245 and ask him directly he is very nice to deal woth and he owns both the rental company onsitw as well as some condos there. Seascape is a great property! Good luck 

Post: Property Manager recommendation for rent survey for Houston Galveston

Chris BroussardPosted
  • Rental Property Investor
  • League City, TX
  • Posts 7
  • Votes 5

not sure if they can provide what you need but Rapp Management in Galveston has always been good to me. 409-763-4323.