Invest with For A Place To Live.

Place To Live is a privately held real estate investment company based in Houston, Texas that focuses on the acquisition and management of opportunistic and value-add student housing and multifamily properties. We specialize in repositioning well-located assets with significant value-add potential through the successful execution of a detailed investment strategy and business plan.

FAPTL Works from a Strategic Plan

This plan is a living document that encourages strategic thinking, creative, and careful consideration of the future. It gives overall guidance and direction on agreed-upon goals, yet charges the management staff to deal with unknown, unexpected and unpredictable issues. A regular review of the strategic plan will incorporate changes in the environment, shifting goals, and new ventures.

Download Strategic Plan adopted by FAPTL for 2020-2025.

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This is how we do it

How to Start

expectationStep 1

EXPECTATION

Review the "Joint Venture Agreement" discuss and agree to the terms

expectation Step 2

ROI

Identify the funding resources and the partnership scheme with the expected return

return of investmentStep 3

PARTNERSHIP

Agree to the partnership, fund the financial share of the investment, and explore the opportunity.

expectationStep 4

OPPORTUNITY

Identify the opportunity to develop action plans, and make offers to purchase.

expectationStep 5

ACQUISITION

Close the deal

expectationStep 6

BUY, HOLD, or SELL

Rehab, construction, rental, property management, sell.

Download Market Analysis | 6 Reason to Invest in Student Housing

Our Process
PROPERTY
ACQUISITION
CONSTRUCTION
MANAGEMENT
PROPERTY
MANAGEMENT
PROPERTY ACQUISITION

Fee Schedule -

PURCHASE PRICE $300,000 OR BELOW - $3,000 AT CLOSING
PURCHASE PRICE OVER $300,000 - 1% OF THE PURCHASE PRICE

  • Negotiation and Research
  • Set up LLC
  • Contract and Closing

An additional $540 Real Estate Broker fee is required if it involves the broker (HAR). If commission received from the other
the party is more than the agreed amount, it will be credited as a “closing cost credit” to the party.

return on investment
Construction Management (New or Rehab)

Fee Schedule -

10% OF TOTAL ACTUAL RENOVATIONS COST

  • Prepare strategies, cost estimates, budgets, and work timetables
  • Supervise construction personnel and activities on-site
  • Select, hire, and instruct laborers and subcontractors
  • Comply with legal requirements, permits, building and safety codes, and other regulations
project time line
project time line
project time line
Leasing and Property Management

Fee Schedule -

  • FOR LEASING: A Leasing Fee in the amount of half month’s rent is due at the beginning of the tenancy.
  • FOR MANAGEMENT: A Management Fee of 10% of Gross Rent Collected and Management Fee will begin in the first month of occupancy.
  • RENEWALS: A Renewal Fee of fifty percent (50%) of the new rent amount is due upon the renewal of the lease. Any extension of the Tenant occupancy shall be deemed a renewal of the previous rental term for the purpose of renewal compensation.
  • APPLICATION FEE: Application will be collected, and the amount will be used by the property management to process the application and generate the lease. Fee will also be used to maintain and upgrade the website for the application.
project time line

FOR A PLACE TO LIVE do business per the federal Fair Housing Laws. The law makes illegal any discrimination in the sale, lease, or rental of housing, or making housing otherwise unavailable, because of race, color, religion, sex, handicap, familial status, or national origin.