Listen "Stop Real Estate Snakes – August 15 at 8pm CST"
Episode Synopsis
Nam and Nick purchased a new construction three plex multifamily property near the Texas Medical Center and Herman Park.
During the Option feasibility inspection period we expected requested and expected to receive the City of Houston Multifamily Dept Certificate of Occupancy.
Seller's listing broker never delivered the Certificate of Occupancy. He told me the reason was that City required an interior sprinkler system.
I have transacted over 130 multifamily properties and this has not part of the published inspection form. Nevertheless the buyer purchased the property and discovered an orange sticker on the front window of the three plex. Surprise.
The city inspector left his phone number one the bright orange sticker. He disclosed other City requirements such as the need for more parking. It is a small land parcel and this city parking requirement may be difficult. Plus Nam and Nick found that the cost of interior sprinklers might be $21,000..
Listen to the above 15 minute conversation
Join us on Monday nights at 8PM when we discuss other real estate problems at
Stop Real Estate Snakes .com
Listen or discuss. Camera is optional
During the Option feasibility inspection period we expected requested and expected to receive the City of Houston Multifamily Dept Certificate of Occupancy.
Seller's listing broker never delivered the Certificate of Occupancy. He told me the reason was that City required an interior sprinkler system.
I have transacted over 130 multifamily properties and this has not part of the published inspection form. Nevertheless the buyer purchased the property and discovered an orange sticker on the front window of the three plex. Surprise.
The city inspector left his phone number one the bright orange sticker. He disclosed other City requirements such as the need for more parking. It is a small land parcel and this city parking requirement may be difficult. Plus Nam and Nick found that the cost of interior sprinklers might be $21,000..
Listen to the above 15 minute conversation
Join us on Monday nights at 8PM when we discuss other real estate problems at
Stop Real Estate Snakes .com
Listen or discuss. Camera is optional
More episodes of the podcast Real Estate Snakes, Landmines and Grass Fires
New Texas law about squatters
20/09/2025
Foreclosures coming
28/07/2025
Emotional Support Animals
25/03/2025
Agents versus home owners
20/03/2025
Converting Office Space to Micro-apartments
26/02/2025
Commercial Real Estate Status — January 2025
21/01/2025
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.