Houston is BOOMING

It was said at 55-60 a barrel Houston thrives....at over 100 a barrel Houston is on fire. But if we only wanted to focus on areas specialized in the petroleum industry Lafayette, LA or Tulsa, OK would be great candidates as well. What separates Houston from the pack is the diversification among energy, health care, tech, and financial industry that give an economic buffer to energy fluctuations. As the second largest city nationwide, with an affordability index, job market, and cost of living that rival any city in America to date Houston offers the investor's paradox of cash flow and potential appreciation like no other market.

While opportunity is vast, speculation can lead to unsatisfactory results. So to maximize the environment SEG led a market analysis to identify profitable markets. Through research two were identified, being multifamily and Duplex/Town homes in the inner Beltway. As gas prices soar and traffic worsens property values in the inner Beltway of Houston will have little way to go but up. In a search to capitalize on these findings we have negotiated discounts for SEG members on duplexes with a Houston based builder. Due to the hot market finding discounts has proved difficult, but SEG established a long term relationship that allowed these discounts on sixteen duplexes in Houston at only $94 a square foot for a nicely finished product. At the purchase price alone they are a deal, but with a $30,600 lease back they are a steal. In addition the Federal Government approved the "Tax Stimulus Act: Section 179" that allows accelerated depreciation on materials with less than a 15 year life span*. Other purchasers of these duplexes have been able to write off $100,000 year one by completing cost segregation which SEG can help to facilitate.