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11 October 2024 | 1 reply
Your tenants are customers, properties are your product and reputation is your brand.
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10 October 2024 | 7 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.
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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.
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11 October 2024 | 4 replies
I am interested in DSCR loans, portfolio loans, or any other product that could work for me.Thanks!
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13 October 2024 | 12 replies
A plumber told me that the primary difference between rheem product warranties was the size of anode supplied with the water heater.
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10 October 2024 | 6 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3026550/small_1716071789-avatar-keganb7.jpg?twic=v1/output=image&v=2)
14 October 2024 | 37 replies
The Vanderbilts who were as wealthy as the Rockefellers at the time did not use this strategy and eventually their net worth evaporated due to many things.Unless you have a license to sell life insurance and know how to structure the policy for the client's goals, you shouldn't be knocking products that can and do benefit MANY people - especially those who have maxed out other tax deferred accounts.By the way fees are paid over the life of the policy, not all up front.
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13 October 2024 | 23 replies
Find a non-bank lender or broker who offers bank statements loans - this is literally the situation that these products are meant to tackle.
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20 October 2024 | 84 replies
@Edward Heavrin: Both options, but at a high enough equity you kind find long term mortgage products that will allow cross collateralization, so you can use those high equity or free and clear assets in lieu of down payment.
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11 October 2024 | 4 replies
Apartment demand in the Phoenix area is high, the demand far exceeds supply at least for the product mix I have under management.