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eXp Commercial - Viking Enterprise Team
United States
Приєднався 20 січ 2023
I am a Houston commercial broker, with residential experience, as well as a lending background. I have been in the real estate industry for 16 years and counting, and I have worked in many roles within the industry and each has given me a unique perspective of the industry as a whole. I proudly represent eXp Commercial in the realm of Real Estate Services. My expertise is most effectively utilized by owners of multi-tenant buildings who are navigating the complexities of selling or leasing. I am dedicated to elevating occupancy rates, fortifying lease agreements, and alleviating owner stress by meticulously selecting high-quality tenants. My commitment to these objectives underscores the value I bring to every project. Once again, I am Bill Rapp, a dedicated commercial real estate professional with eXp Commercial. I look forward to the possibility of facilitating your success in the dynamic landscape of commercial real estate.
🕸️ Houston Gets Spookier with Spirit Halloween! 🎃
Spooky season is almost here, and that means it’s time to get your costumes and Halloween décor ready! If you’re in Houston, you’re in for a real treat (no tricks here 😉) because Spirit Halloween is breaking records this year with 1,525 seasonal retail locations across the U.S.! And guess what? 👀 Houston is getting plenty of them! 🎉
🕸️ Why Houston? The Perfect Fit for Spirit Halloween 🎃
In 2024, Spirit Halloween is setting up shop in several spaces left empty by the closures of retailers like Tuesday Morning and Bed Bath & Beyond. These vacant spots are getting a fun, spooky makeover with everything from costumes to creepy decorations. Whether you’re looking for the perfect Halloween look or just some eerie home décor, Spirit Halloween has you covered! 🎃👻
As Spirit Halloween's CEO, Steven Silverstein, says, "Visiting a Spirit Halloween store is more than just a shopping trip - it's entertainment, it's tradition, it's creating moments and memories with family and friends that bring the magic of Halloween to life." 🎃✨ And in Houston, we know how to celebrate traditions!
🛍️ The Houston Retail Market: Booming Despite Store Closures 📈
Spirit Halloween’s expansion into Houston is happening at the perfect time. While some big-name stores like Conn's and 99 Cents Only Stores have closed, the retail market in Houston is still going strong! 💪 Vacancy rates are low (just 5%) and there’s 3.7 million square feet of retail space under construction 🏗️, so Spirit Halloween is swooping in to fill the gaps just in time for spooky season! 👻
Plus, with average asking rents rising to $20.80 per square foot (a 2.5% increase from last year), it's clear that demand is high for retail space in H-Town!
🎃 What Makes Spirit Halloween So Popular? 👻
Have you ever stepped into a Spirit Halloween store and immediately felt like you’re in a haunted house? 🏚️ It’s more than just shopping - it’s an experience! Whether you’re browsing through costumes, picking out ghoulish props, or getting your home ready for trick-or-treaters, Spirit Halloween brings the magic of Halloween to life 🎃💀.
And if you’re on the hunt for a spooky side gig, Spirit Halloween is hiring 50,000 associates this season! 💼👻 Perfect for anyone looking to add some extra thrills (and income) to their fall.
🕸️ Where to Find Spirit Halloween in Houston 🎃
You won’t have to look far to find a Spirit Halloween store in Houston. They’re popping up in former Tuesday Morning, Bed Bath & Beyond, and even Buybuy Baby locations across the city! Stores vary in size from 5,000 to 50,000 square feet, and they are filled wall-to-wall with everything you need for a fun and spooky Halloween. 🎃👀
Keep your eyes peeled for locations that once housed Party City, Staples, Family Dollar, and even Sears. These vacant stores are perfect for Spirit Halloween's temporary pop-ups, so make sure to stop by and check out the haunted fun! 🛍️
🎃 Houston Embraces the Spirit of Halloween! 👻
With more locations than ever before, Houston is ready to embrace the magic of Spirit Halloween this year! Whether you're picking up last-minute costumes, filling your cart with decorations, or just soaking in the fun Halloween vibes, Spirit Halloween is the go-to place for all things spooky 👻.
So grab your family and friends, head to your nearest Spirit Halloween, and make this Halloween unforgettable! 🎃 Don’t forget to share your spooky adventures with us on social media using the hashtag #SpiritHalloween2024 🎉.
Happy Haunting, Houston! 👻🎃
#SpiritHalloween2024 #HoustonHalloween #HalloweenShopping #SpookySeason #HoustonRetail #HalloweenVibes #HauntedHouston #SpiritHalloween
I’m an experienced Commercial Real Estate Broker & Mortgage Broker, please feel free to reach me at 281-222-0433.
www.houstonrealestatebrokerage.com/
www.commercialexchange.com/agent/653bf5593e3a3e1dcec275a6
expressoffers.com/?AgentEmail=Bill.Rapp@expcommercial.com
www.tenantbase.com/advisors/bill-rapp/
buildout.com/plugins/3e7ef61d54725c99fd76ca1f4ae24a348c56a0d4/brokers/bill.rapp@expcommercial.com
www.linkedin.com/comm/mynetwork/discovery-see-all?usecase=PEOPLE_FOLLOWS&followMember=mortgageviking
www.fastexpert.com/agents/bill-rapp-95118/
www.homelight.com/agents/bill-rapp-tx-595622?preview=t
www.houstonrealestatebrokerage.com/houston-cre-navigator
www.smartbizloans.com/assist/partner/vikingenterprisellc/expcommercial
© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial LLC
🕸️ Why Houston? The Perfect Fit for Spirit Halloween 🎃
In 2024, Spirit Halloween is setting up shop in several spaces left empty by the closures of retailers like Tuesday Morning and Bed Bath & Beyond. These vacant spots are getting a fun, spooky makeover with everything from costumes to creepy decorations. Whether you’re looking for the perfect Halloween look or just some eerie home décor, Spirit Halloween has you covered! 🎃👻
As Spirit Halloween's CEO, Steven Silverstein, says, "Visiting a Spirit Halloween store is more than just a shopping trip - it's entertainment, it's tradition, it's creating moments and memories with family and friends that bring the magic of Halloween to life." 🎃✨ And in Houston, we know how to celebrate traditions!
🛍️ The Houston Retail Market: Booming Despite Store Closures 📈
Spirit Halloween’s expansion into Houston is happening at the perfect time. While some big-name stores like Conn's and 99 Cents Only Stores have closed, the retail market in Houston is still going strong! 💪 Vacancy rates are low (just 5%) and there’s 3.7 million square feet of retail space under construction 🏗️, so Spirit Halloween is swooping in to fill the gaps just in time for spooky season! 👻
Plus, with average asking rents rising to $20.80 per square foot (a 2.5% increase from last year), it's clear that demand is high for retail space in H-Town!
🎃 What Makes Spirit Halloween So Popular? 👻
Have you ever stepped into a Spirit Halloween store and immediately felt like you’re in a haunted house? 🏚️ It’s more than just shopping - it’s an experience! Whether you’re browsing through costumes, picking out ghoulish props, or getting your home ready for trick-or-treaters, Spirit Halloween brings the magic of Halloween to life 🎃💀.
And if you’re on the hunt for a spooky side gig, Spirit Halloween is hiring 50,000 associates this season! 💼👻 Perfect for anyone looking to add some extra thrills (and income) to their fall.
🕸️ Where to Find Spirit Halloween in Houston 🎃
You won’t have to look far to find a Spirit Halloween store in Houston. They’re popping up in former Tuesday Morning, Bed Bath & Beyond, and even Buybuy Baby locations across the city! Stores vary in size from 5,000 to 50,000 square feet, and they are filled wall-to-wall with everything you need for a fun and spooky Halloween. 🎃👀
Keep your eyes peeled for locations that once housed Party City, Staples, Family Dollar, and even Sears. These vacant stores are perfect for Spirit Halloween's temporary pop-ups, so make sure to stop by and check out the haunted fun! 🛍️
🎃 Houston Embraces the Spirit of Halloween! 👻
With more locations than ever before, Houston is ready to embrace the magic of Spirit Halloween this year! Whether you're picking up last-minute costumes, filling your cart with decorations, or just soaking in the fun Halloween vibes, Spirit Halloween is the go-to place for all things spooky 👻.
So grab your family and friends, head to your nearest Spirit Halloween, and make this Halloween unforgettable! 🎃 Don’t forget to share your spooky adventures with us on social media using the hashtag #SpiritHalloween2024 🎉.
Happy Haunting, Houston! 👻🎃
#SpiritHalloween2024 #HoustonHalloween #HalloweenShopping #SpookySeason #HoustonRetail #HalloweenVibes #HauntedHouston #SpiritHalloween
I’m an experienced Commercial Real Estate Broker & Mortgage Broker, please feel free to reach me at 281-222-0433.
www.houstonrealestatebrokerage.com/
www.commercialexchange.com/agent/653bf5593e3a3e1dcec275a6
expressoffers.com/?AgentEmail=Bill.Rapp@expcommercial.com
www.tenantbase.com/advisors/bill-rapp/
buildout.com/plugins/3e7ef61d54725c99fd76ca1f4ae24a348c56a0d4/brokers/bill.rapp@expcommercial.com
www.linkedin.com/comm/mynetwork/discovery-see-all?usecase=PEOPLE_FOLLOWS&followMember=mortgageviking
www.fastexpert.com/agents/bill-rapp-95118/
www.homelight.com/agents/bill-rapp-tx-595622?preview=t
www.houstonrealestatebrokerage.com/houston-cre-navigator
www.smartbizloans.com/assist/partner/vikingenterprisellc/expcommercial
© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial LLC
Переглядів: 6
Відео
🚄 Texas Bullet Train: $64M Boost for Dallas to Houston Rail! 🚄
Переглядів 514 годин тому
Big news, y'all! The long-awaited high-speed train between Houston and Dallas is "speeding ahead" with a fresh $64 million boost 💸 to connect these two major Texas cities! 🚆 The Texas high-speed rail corridor-which promises to link these metros in just 90 minutes 🕑-is moving forward, but not without its bumps. The project, which has been in the works for years, has now received $63.9 million fr...
📉 Fed Signals September Rate Cut: What It Means for Real Estate 🏢
Переглядів 119 годин тому
The Federal Reserve's preferred inflation gauge, the core Personal Consumption Expenditures (PCE) index, has dropped a significant hint about a possible rate cut in September. This potential shift in the Fed's monetary policy is creating waves, not just in financial markets, but also in sectors like commercial real estate, where the effects of interest rate changes can be substantial. 🌐 📊 The I...
🚧 Big Expansion Alert: Houston Methodist Grows in Katy & Fulshear! 🏥
Переглядів 7День тому
Hey, Katy and Fulshear friends! Exciting news is coming your way! 🚀 Houston Methodist has announced a whopping $247 million project to expand healthcare services right here in our community. No more long drives into the city-top-notch medical care is getting even closer to home! Let’s break down what this means for all of us. 🏗️ Building a Healthier Future This fall, Houston Methodist will brea...
🚨 Houston Homebuilder' Goes Missing, Found Guilty of $1.5M Fraud 🏠💸
Переглядів 114 днів тому
Hold onto your blueprints, Houston, because this story is straight out of a plot twist! Meet Brett Michael Detamore, a custom home builder who took "missing in action" to a whole new level last year. Now, after a saga that sounds like something out of a true-crime podcast, Detamore has pleaded guilty to federal wire fraud charges. 🎧🔍 Let's rewind to June 2023. Detamore went missing, and not jus...
Conn’s Closes: Texas Retail Shake-Up 🏬💥
Переглядів 1414 днів тому
If you’ve been keeping an eye on the retail scene in Texas, you might have heard about the recent buzz surrounding Conn’s HomePlus stores. The well-known retailer, headquartered in The Woodlands, has decided to close all 174 of its stores, along with around 380 Badcock Home Furniture stores, following a bankruptcy filing in July. This move leaves behind a significant footprint-nearly 4 million ...
Houston Ranks in the Top 10 Best US Cities to Start a Business 🚀
Переглядів 521 день тому
Houston, we have lift-off! 🚀 Not just for space missions but for business ventures too. Houston has just made it to the top 10 list of the best U.S. cities to start a business in 2024, coming in at an impressive ninth place! 🏆 According to a new report from USA Today Blueprint, Houston isn’t just about oil rigs and NASA-it's a thriving hub for entrepreneurs ready to make their mark. With Austin...
🌟 Houston Housing Authority Drops the Ball: $2.7M in Affordable Housing Funds Uncollected 🌟
Переглядів 828 днів тому
Let’s talk about a big issue that’s been brewing in Houston’s housing market. The Houston Housing Authority (HHA) has a controversial tax break program designed to support affordable housing, and while it’s brought in over $50 million from developers, the HHA has failed to collect an additional $2.7 million that was supposed to help fund affordable housing projects. 😟 🔍 A Closer Look at the Num...
🌵 Lone Star State to See Unprecedented Apartment Growth in 2024! 🏢
Переглядів 228 днів тому
Texas is about to make some serious waves in the apartment market! In 2024, the Lone Star State is on track to see a record-breaking number of new rental units, with over 80,000 apartments expected to be completed. This isn't just a milestone-it's a massive leap forward! 🚀 A Texas-Sized Boom Everything’s bigger in Texas, and that includes apartment construction! In 2024, we’re looking at a whop...
🚀 Houston's Multifamily Market: Growth, Opportunity, and What's Next! 🏙️
Переглядів 2Місяць тому
Hey everyone! 🌟 If you're curious about what's happening in Houston's real estate scene, especially in the multifamily sector, you're in the right place. Houston has been buzzing with activity, and I'm here to break it all down for you. Let’s dive in! 🎉 🔥 Steady Demand in the Multifamily Sector Houston's multifamily market is on fire! 🔥 The city has experienced its sixth consecutive quarter of ...
🚀 Fed Hints at September Rate Cut!
Переглядів 6Місяць тому
Hey everyone! 📢 Big news from Federal Reserve Chair Jerome Powell! He just hinted that we might see a rate cut as early as September! 🗓️ This announcement is creating quite a buzz across various sectors, especially in commercial real estate. Let’s break down what this could mean for us! 🏢💼 The Balancing Act ⚖️ So, the Federal Open Market Committee (FOMC) decided to keep the current interest rat...
Q2 Retail Trends in Houston 🌆🔄
Переглядів 2Місяць тому
Hey everyone! Welcome back to our blog! Today, we're diving into the Q2 2024 Houston retail market report, which brings some significant updates and challenges worth discussing. 🌟📊 A New Approach to Reporting First off, there's a notable change in how Colliers reports retail market statistics. They now include data on all retail properties that are 5,000 square feet or larger. This shift means ...
CHIPS Act Revolutionizes Texas Manufacturing 🚧🚀
Переглядів 9Місяць тому
Semiconductor Surge in Texas: CHIPS Act 🏢🔄The semiconductor industry is experiencing a significant resurgence in the United States, and Texas is at the forefront of this transformation. The Texas CHIPS Act is a game-changer, driving unprecedented growth in semiconductor manufacturing and offering unique opportunities for commercial real estate development. According to a recent analysis by Coll...
🏢💼 Financial & Capital Advisory Services: Key to Commercial Real Estate Success 💼🏢
Переглядів 3,9 тис.Місяць тому
In the intricate world of commercial real estate, the role of a broker extends far beyond merely facilitating property transactions. One of the most critical services they provide is Financial & Capital Advisory. This component is pivotal in ensuring that clients make informed, strategic decisions that align with their financial goals and investment strategies. Let's delve into what Financial &...
🏗️ Development & Construction Advisory Services: Enhancing Value in Commercial Real Estate 🏢
Переглядів 52Місяць тому
In the competitive and ever-evolving world of commercial real estate, brokers offer a wide range of services to meet the needs of their clients. Among these, Development & Construction Advisory Services (DCAS) stand out as a critical component for anyone looking to maximize the potential of their real estate investments. This article explores the key elements and benefits of DCAS and why they a...
Understanding Investment Sales and Acquisitions Advisory in Commercial Real Estate Brokerage 🏢💼
Переглядів 62Місяць тому
Understanding Investment Sales and Acquisitions Advisory in Commercial Real Estate Brokerage 🏢💼
📊 Property Listings and Marketing Services: The Cornerstone of Commercial Real Estate Brokerage 🏢
Переглядів 45Місяць тому
📊 Property Listings and Marketing Services: The Cornerstone of Commercial Real Estate Brokerage 🏢
Texas Grid Upgrade: Intersect Power Invests Big! 💰⚡🏜️
Переглядів 12Місяць тому
Texas Grid Upgrade: Intersect Power Invests Big! 💰⚡🏜️
Tenant Representation in Commercial Real Estate: Key Components 🏢🔑
Переглядів 11Місяць тому
Tenant Representation in Commercial Real Estate: Key Components 🏢🔑
🚀 Houston's Industrial Market Soars in Q2! 🚀
Переглядів 3Місяць тому
🚀 Houston's Industrial Market Soars in Q2! 🚀
🔑 Property for Sale: 2715 N Chadbourne St, San Angelo, TX 76903 🔑
Переглядів 2Місяць тому
🔑 Property for Sale: 2715 N Chadbourne St, San Angelo, TX 76903 🔑
Landlord Representation in Commercial Real Estate: Key Components 🏢🔑
Переглядів 3Місяць тому
Landlord Representation in Commercial Real Estate: Key Components 🏢🔑
Exploring Commercial Real Estate Property Types 🏢💼
Переглядів 17Місяць тому
Exploring Commercial Real Estate Property Types 🏢💼
1031 Exchange - A Tax-Saving Real Estate Strategy! 🏠💸
Переглядів 6Місяць тому
1031 Exchange - A Tax-Saving Real Estate Strategy! 🏠💸
Houston's Power Outage Crisis: CRE Reacts ⚡🏙️
Переглядів 39Місяць тому
Houston's Power Outage Crisis: CRE Reacts ⚡🏙️
🏢 Are you a commercial property owner looking to maximize your investment? 🏢
Переглядів 26Місяць тому
🏢 Are you a commercial property owner looking to maximize your investment? 🏢
🚀 Houston Soars in Best Cities Rankings! 🌟🏙️
Переглядів 2Місяць тому
🚀 Houston Soars in Best Cities Rankings! 🌟🏙️
Great explanation! Thank you!
Glad it was helpful!
big win for the busynesses, that's why they bought the supreme court.
I would hope so, it’s an office building
You couldn't pay me to live there.
*Promo sm*
"Promo SM" 🙏
How about me having to file a lien on his property in Lorain Ohio. He failed to pay for contracting services. In my opinion one of the worst businessmen in the world.
Thank you for the informative news bit
Good Analysis
Where are you getting the Value to make your calculation? You are explaining it backwards.
Cap rate is the most common metric that is used incorrectly in my line of work. Cap Rate = NOI / Value. Value is often provided in a sales contract or an offering memorandum.
@@expcommercial-vikingenterprise As an investor I want to know what the market value of NOI is. I use cap rates correctly to determine that probable market value. The process is called direct capitalization. The formula is V=i/r The V is the value you are solving for and the I is the NOI the property can produce and the r is the cap rate FROM ANALYZED CLOSED SALES OF SIMILAR PROPERTIES. If you are trying to calculate a cap rate from an OM all you are getting is what the SELLER wants you to pay. That is poor investing.
@@Walina-gv9ph What you are saying is also true, but it does not change the formula. You have just re-arranged for a different purpose.
For instance, this is how I would advise my clients to make their offer based on market cap rates.
😊 'Promosm'
A cap rate is not a rate of return. Cap rates measure the market value of NOI. The formula is V=i/r $10-$1/10% $20=$1/5% What investor would pay TWICE as much for HALF the "return"?
Cap rate is a measure of net operating income to the value of the property. In my opinion the best measure of return on your investment is Cash on Cash. I am not sure what you mean by the twice as much for half the return, but yes on yes in concept. Feel free to call and chat 281-222-0433
@@expcommercial-vikingenterprise At 10% cap rate noi costs $10. At 5% cap rate NOI costs $20. If the cap rate was a "return" then investors would be paying twice ($20) for half the "return" (5%). Cash on cash return is a return metric. Cap rates come from an income approach to value called direct capitalization and is not used to measure returns.
@@Walina-gv9ph I see when he cap rate is higher that value / purchase price would be lower, you are correct
@Walina1001 I did a follow up on segment on cap rate, hope you find it interesting: ua-cam.com/video/gshkZ6g_78Q/v-deo.html