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Old 01-25-2014, 06:47 PM
 
501 posts, read 833,097 times
Reputation: 532

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Camelot is not going to be getting better anytime soon in my opinion. I work with several real estate investors (flippers), and all of them have blackballed Camelot as an investment area. This is the case with other agents I have talked to as well.

So properties will not be getting properly renovated, property values are going to continue falling, and foreclosure rates are still bad in the area.
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Old 01-25-2014, 06:48 PM
 
66 posts, read 127,624 times
Reputation: 49
Most people who live in Camelot II are there because they don't have any better options...my brother's credit is trash, I'm trying to help him and I found this house for him, which is why I'm taking this matter so personally. It's a subdivision with rowhouses, not an apartment complex, and it is absolutely horrid, I would never live in there, but at the same token, I was able to find housing elsewhere. My brother is the kind of person who's not bothered by this type of atmosphere however but I was reviewing this page: Texas Tenant Advisor
It was linked in the thread linked above and there are many, many things on that page the landlords here have neglected to provide. Off the top of my head, keys to the garage (btw, garage door is missing, it's been boarded over with plywood, classy!)

Quote:
Originally Posted by jameshardin View Post
Camelot is not going to be getting better anytime soon in my opinion. I work with several real estate investors (flippers), and all of them have blackballed Camelot as an investment area. This is the case with other agents I have talked to as well.

So properties will not be getting properly renovated, property values are going to continue falling, and foreclosure rates are still bad in the area.
Most definitely, I saw a house that was gutted and heavily vandalized, someone bought it for what I can only imagine was pennies per sq ft and remodeled it nicely....it's still for sale and they're even trying owner financing and all that to get rid of the place...flipping in that neighborhood is just not a good investment move. I'm not a pro but anyone can see that
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Old 01-25-2014, 07:11 PM
 
1,877 posts, read 2,303,717 times
Reputation: 3375
Wow.....the "Fred Sanford" design team did a number over there. Think i'd rather live in a van down by the river......jeeze!
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Old 01-25-2014, 07:13 PM
 
501 posts, read 833,097 times
Reputation: 532
I would take it personally too. How bad is the credit, and how much is he wanting to spend?

*this is not a business solicitation mods*
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Old 01-25-2014, 07:18 PM
 
Location: the 50s and the 60s
834 posts, read 1,791,758 times
Reputation: 1542
Quote:
Originally Posted by ZacharyDY4 View Post
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*****

I, for safety reasons, won't put the full address but the house is on Sarepto drive in Camelot II
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Serepto is one block long.

why don't you move your brother in with you??
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Old 01-25-2014, 07:19 PM
 
66 posts, read 127,624 times
Reputation: 49
I'm not sure but I'm going to keep an eye out on some apartment buildings I know of that aren't corporate owned, he got a job by the medical center so living over here isn't much practical anymore anyway
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Old 01-25-2014, 07:20 PM
 
66 posts, read 127,624 times
Reputation: 49
Quote:
Originally Posted by *mud* View Post
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Serepto is one block long.

why don't you move your brother in with you??
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I don't have the room and he doesn't get along with my GF. Houses in East Village are not large
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Old 01-25-2014, 07:30 PM
 
6,998 posts, read 10,235,462 times
Reputation: 5381
Quote:
Originally Posted by ZacharyDY4 View Post
Most people who live in Camelot II are there because they don't have any better options...my brother's credit is trash, I'm trying to help him and I found this house for him, which is why I'm taking this matter so personally.
There are plenty of better options for people with bad credit as long as they don't have broken leases.
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Old 01-25-2014, 07:43 PM
 
Location: Here
10,864 posts, read 11,904,421 times
Reputation: 5981
Living in a slum like that, I'd pretty much plan on having a slumlord.
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Old 01-25-2014, 08:15 PM
 
Location: New Braunfels, TX
6,257 posts, read 8,985,070 times
Reputation: 6341
I've moved into houses that looked similar to that. When I left, they looked nothing like that. Sorry - but I saw a lot of trash that could've been removed by your brother while he was there. I understand the mechanical things not being corrected by him - but the trash in the yard, etc.......he lived in that.
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