The last piece of advice Marcus Hiles offers is that renters and buyers locate properties that have central air conditioners with a seasonal energy efficiency ratio, or SEER, of 16 or higher. The Department of Energy only requires new air conditioners to have a 13 to 14, but the higher the number, the better. Hiles notes that compared to a unit with a SEER of 10, you can see a drop of nearly 60 percent in your air conditioning bill. His company Western Rim Properties provides more than $400,000 in energy savings every year thanks to energy efficient air conditioners, pointing out that in five years they will have collectively saved $6 million. Not only that, but over the course of the next ten years they will lessen carbon emissions by more than 325,000 tons.
Living an active and a healthy life is becoming more and more important nowadays. However, many real estate investors and developers don’t care much about the environment. They are rather interested in profit and build whole communities without recreational spots, parks etc. On the other hand, things aren’t so bad because there are still people like Marcus Hiles who donated 59 acres of land for community parks in order to create a healthier environment and encourage people to change their lifestyle and become more active and stay in good shape. Find out more on http://www.marketwatch.com/story/marcus-hiles—-western-rim—-proudly-donates-59-acres-of-land-for-community-parks-2016-05-09
The historic agreement from the Organization of the Petroleum Exporting Countries’ (OPEC) to stabilize the market by reducing crude production for the first time in eight years happened two months ago, and per-barrel prices have almost doubled after tumbling to a low of $26 in February of last year. In the Houston area, the heart of the U.S. oil industry, this agreement has accelerated the industry’s recovery from a two-year lag and kickstarted local economies. Marcus Hiles, Texas real estate developer and CEO of Western Rim Property Services, the state’s largest affordable luxury property firm, predicts that as Houston’s energy companies continue to hire and grow in coming months, communities throughout the region will benefit from higher employment rates and corresponding wage increases.
Disadvantaged women throughout Texas have received help from Marcus Hiles over the past two decades. Hiles has donated over $600,000 to provide women in poverty with the tools and support they need to pick themselves up and maximize their potential.
Marcus Hiles placed himself ahead of the curve early on, using his intuition to satisfy market demand for healthier lifestyles and wellness environments among apartment rental customers through his companies under the Western Rim Properties umbrella. Nurturing neighborhoods, not projects, and forging important bonds among employees, residents, and locations through mentorship, work ethic, and philanthropic activities, Hiles has emerged as a lifestyle leader in the multifamily market. With more than 15,000 upscale residential properties under his wing across the state of Texas, Hiles continues to advance the industry, acting on opportunity to create appealing, affordable high-end developments attentive to green standards.
Marcus Hiles advised renters looking to sign a lease to keep in mind a few factors that may impact the price of rent. According to a Forbes article on how to negotiate rental prices, collecting information about the neighborhood, the landlord, and what other tenants are paying — either in the same building or community – are all influencers to finding lower rental rates. Renters shouldn’t be afraid to negotiate prices either. Although transparently asking for a lower rental price might not be the best strategy, landlords are not necessarily opposed to negotiating. “Negotiation points for me as a landlord and property manager are length of lease and credit,” says Denise Supplee, co-founder of SparkRental.com, a full-service rental automation service. Another option is to offer to sign a long-term lease, advises Hiles. Landlords like the idea of being able to keep turnover rates down while still meeting their profit needs.
In a Jan. 22, 2016 New York Times article, Jane Margolies explained the evolution of animal-oriented features from sporadic early appearances in 2000 to prolific installations in 2016, noting, “When “pet spas” were introduced in high-end residential buildings a decade or so ago, they might have seemed like another flash-in-the-pan perk. But they’ve not only hung on like a dog with a bone, they’ve also evolved.” Spas, treadmills, bone-shaped pools, visiting vets, and groomers used by haute couture designers rule the day. Marcus Hiles notes a Los Angeles Times article from Aug. 8, 2014 highlights the ultimate trend, with pet parents giving their charges a special space of their own, often even equipped with an en suite bath. One proud pet suite aficionado reasoned, “She’s a part of the family. Everybody else has a room — so does she.” The designation of a complete suite to the toys, leashes, grooming equipment, and other accessories needed for healthy, happy, pets keeps the rest of the home clean and organized.
When natural landscaping is properly used on a piece of property, it should require very minimal effort to maintain unlike other options that require pesticides, fertilizers, or excess watering. Native flora and fauna have evolved and adapted to a region’s conditions over thousands of years, making them the preferred choice for sustainability, especially over a lawn. If properly planted, they should survive both winter cold and summer heat, and resist pests and diseases while flourishing without soil amendments. Perhaps the most visible benefit in using natural landscaping is the attraction of butterflies, birds, pollinators and other natural wildlife.
Hiles’ environmental aspiration extends far beyond the doors of the houses he builds. His team’s smart tree-planting initiatives increase the volume of a community’s tree canopy to exceed pre-development levels. “Each of the 3,000 trees we planted last year sequesters over 45 pounds of carbon dioxide and pollutants while releasing oxygen,” he states. At the same time, Hiles efforts to preserve existing arboreal treasures, such as the hundreds of 100-year-old oak trees that thrive in a designed park next to one Western Rim site. Marcus Hiles envision environmental responsibility as a reward for both community members and the planet. “Our bold goal is to lessen carbon emissions by more than 500,000 metric tons over the next decade,” he asserts. “In the process, we’ll deliver energy savings to our residents and create sustainable, livable communities.”
Western Rim Property Services CEO Marcus Hiles understands that these critical factors can have a negative influence on home buyers. But he knows Western Rim’s luxury rental communities can offer a potential solution to the housing shortage. “At Western Rim, we have seen firsthand that limited options for buyers can significantly impact property value,” Hiles states. “High demand coupled with low inventory can cause a stir throughout the marketplace, quickly resulting in higher listing prices. Our clients know that Western Rim makes affordability a top priority on all of our well-appointed subdivisions. The results of this study will help us achieve this goal; we will continue to monitor the state’s most current buying trends so we stay poised to deliver superior, affordable rental properties that make our clients’ lifestyle dreams a reality. We firmly believe that residents deserve premium living accommodations at price points that won’t overstretch their budgets.”