They say it's for future expansion.

Bill Gulley I don't think selling now will work, but he is exploring that idea, the problem is that this has been officially announced and ground is being broken within the week, so the damage is done I think.I am thinking it might be better to wait and see if there is any expansion or subdivision plans for tribe members or whatever that may buy the neighborhood and that would be the best bet.Of course if the traffic, noise and crime gets out of hand, it may be a different story.

I have overseen over 1,200 units as a commission of a large PHA and I cut costs and overhead and had some significant maintenance/improvements made, hired an attorney on staff, acquired other properties for expansions and brought the PHA to a well performing rating, don't get me wrong as if I'm taking all the credit, there was a great staff and excutive director that I put in there that was amazing and they get the credit, but I stepped into that appointed position and had never owned 100 apartment units at one time!

Donna Coon I see you have a very aggressive expansion plan.

Infrastructure expansion leads to population expansion

Expansion, contraction, in between?

Strong preference for properties that are close to the light rail expansion projects that are currently being finalized in Houston.Hopefully the properties are cash flow positive, but I am willing to go underwater since I am expecting at least 10% annual appreciation over 5 years.Close in properties are very difficult to find (and lock).

Others find the expansion comes at a very acceptable cost and the expansion helps raise the total returns.

Also, some regions have issues with expansive clay soils (requiring continued maintenance over seasonal changes in soil moisture content).

Are you near the school or the new tech expansions?