Ryan Richmond
Buyer vs. Designated Agency
10 October 2024 | 2 replies
After finally getting access (after closing), I discovered floor damage that should have been identified.
Frank Barletta
Houston: Gross Weather, Lovely Investing
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.
Brian Carmichael
Sell all real estate in IRA account
10 October 2024 | 5 replies
If you want to access the equity, cash-out refi them and enjoy the money tax free while letting the income from the property pay the loan. 6.
Joe Davis
Free wholesale training for new Texas wholesalers?
8 October 2024 | 17 replies
What we get out of it......creating a group that some of our best borrowers can get access to good deals.More than likely be virtual (zoom etc) and be an intensive, no-fluff training on how wholesaling is done, and what investors are looking for.
Kevin Breslin
Rent Control Law Inglewood California Availabe for Rent
10 October 2024 | 8 replies
I don't have time to go to the law library or access to the legal data bases that have more detail than my searches have resulted.
Ryan Thomson
House Hacking: What to Look for and How to Calculate ROI
9 October 2024 | 2 replies
What is my net worth ROI on my downpayment and is this better than other investment opportunities I have access to.
L Craig
Flipping to Fractionals at the beach?
11 October 2024 | 15 replies
I am looking for the shell to allow website access for owners, documents, scheduling etc.
Sean Kirk
Opinions / Advice on Brokerages That Provide Access to Instant Buyers?
3 October 2024 | 3 replies
Any agents work at a brokerage that offers you access to instant buyers like eXp Express Offers, etc?
Omer Bader
Finding Angel Investors
8 October 2024 | 3 replies
Are they worth the monthly payments to gain access to Investor Names?
Austin Burr
House Hacking my First Investment Property
8 October 2024 | 1 reply
Now it is paying me nearly $1,500/month and I did a HELOC on the property before moving out to access equity so now I have someone paying for my money to invest.