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loon

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Posts posted by loon

  1. Really going at it today.. got the signs up for the Design and Contractors invovled. Which, as just a hobbyist that likes watching these things and learning.. I'll ask the pros.. at what point does it cost more than its worth just just demo it and start over? Is the shell that expensive? i mean it looks like they are really taking it down to nothing. 

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  2. 13 minutes ago, Ross said:

    2016 is a condominium, so that monthly fee includes all of the money that needs to be saved for future maintenance. The stuff that keeps the building from collapsing. That's similar to fees in other buildings I've looked, which is by no means a comprehensive look.

    Fair enough. Yeah they have board meetings with the owners every month to talk about that stuff. We just got a new building mgmt company as well... https://www.fsresidential.com/texas/offices/houston/ so changes could be coming with that. 

     

    Its a great building, been here over a decade, just seems high but as you said, condos I guess. Thanks for the insight! 

     

     

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  3. oh, one thing i was wondering, since it is for sale, does that mean they found a new place? or as noted that the lease runs out Oct 2024 they are just getting an early start on selling the property and greyhound doesn't intend to stay. either way, curious where it would end up.

  4. Regarding 2016 Main (disclaimer, i rent here) take a peek at those HOA fees before you think about buying... or just for a laugh. Its about $1 per sq ft, per month. Like the aforementioned penthouse for sale for 300k... its HOA fee is $3500 a MONTH... its just kinda crazy. This is why we stil haven't pulled the trigger on buying one of these yet. 1 and 2bd aren't as step, but even $1500 a month on top of mortgage is steep.. even factoring in All Bills Paid. (internet (fast), basic HD cable, water, electricity, waste, etc etc). Anyway, just pointing out, I think other buildings in the area will probably do better than this one, as long as they keep these crazy HOA fees. (unless this is normal, but looking around I haven't seen anything close to these fees in the area)

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  5. nice, thanks for confirming. interesting wonder what would want to be right there.. I have heard rumors in the building that someone is buying up these lots. Same person that recently bought the old Bank of America building is buying others around. That crappy property on travis on the OTHER side of my building got complete inside demo, and they tore down everything that was in the parking lot recently. A company that is trying to lease it , really pushing that it has 50 parking spots. So someone(s) out here taking over these areas. Keep in mind, though, the rumor about the greyhound moving has also been in this building as long as i have haha.. probably for many decades.. so who knows what is really going on. Hence why i came here :D 

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