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8 October 2024 | 1 reply
South Memphis is a target for industrial plants and its residents have increased cancer risks as a result (https://www.southernenvironment.org/press-release/sterilizat...).
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9 October 2024 | 2 replies
This allows me to transfer money into the checking easily in preparation for a wire.Credit Cards--so you are now an industry professional.
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8 October 2024 | 0 replies
While this trend is reshaping industries across the board, one sector is particularly impacted in ways many may not realize: real estate.
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10 October 2024 | 28 replies
This determines instantly if a lender will touch it.Another factor: STR financing is getting harder to come by (at least in the DSCR space). 25% of the industry used to lend on STR's, now it's less than 10%.And it being a condo, expect anywhere from 15-25 bps added to the rate.
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9 October 2024 | 13 replies
During my time in the industry I learned to work systems so that I could consistently effectively list homes to get them sold in a timely manner.
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9 October 2024 | 11 replies
We've been doing it this way in the construction industry for decades.Best way for you to know what's it gonna cost for your projects is get estimates/proposals from licensed contractors.
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11 October 2024 | 41 replies
If you are in the industry then you already have the connections.
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11 October 2024 | 18 replies
They are the Hamas of the real estate industry IMO.
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8 October 2024 | 5 replies
MTR is strategy here with the industries we have.
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9 October 2024 | 9 replies
The education and health services sector alone added 23,800 jobs in the past year, reflecting a significant expansion in these industries, particularly in healthcare and social assistance.Proximity to Major Employment Centers: Greater Heights offers convenient access to key employment hubs such as downtown Houston and the Galleria area, which are major attractors for residents due to the short commute and abundant job opportunities.Education: Nearby institutions like University of Houston and Rice University contribute to the area's appeal.Infrastructure Projects: Ongoing developments like the East Blocks Redevelopment and BioHub II at Generation Park enhance local amenities and attractiveness.Investment InsightsGreater Heights Rental Market Trends:Single-Family House Rentals:Median Rent: $1,350 for 1 bedroom, $2,695 for 2 bedrooms, $3,250 for 3 bedrooms, and $6,100 for 4+ bedrooms.Stability in rent prices with modest YoY increases: 2 bedroom rents increased by $195, and 3 bedroom rents by $250.Median Sold Price YoY ComparisonApartment Rentals:1 bedroom apartments saw a YoY increase of $305, 2 bedroom apartments by $667, indicating strong demand for these unit types.Available Rentals:High availability of both house and apartment rentals, indicating a robust market that can support new rental investments.Sales Market Trends:Median Sale Prices:Significant appreciation in home values, particularly in 1-bedroom homes, which saw a 190.7% increase from $215K to $625K.Other bedroom counts also showed positive appreciation, e.g., 2 bedrooms (5.3%), 3 bedrooms (6.5%), 4 bedrooms (17.4%).Market Activity:Increased number of homes for sale and sold, suggesting a dynamic and active real estate market.