Account Closed
12 Questions to Ask Tenant References
11 October 2024 | 1 reply
This question verifies the tenant’s responsibility in managing household expenses.
Account Closed
10 Best Net Worth Trackers
12 October 2024 | 2 replies
It’s a handy way to track your expenses, which is helpful in determining your net worth.The app also has a feature that allows you to sync your data with others in your household so they can help you stay motivated in achieving your goals.
Frank Barletta
Houston: Gross Weather, Lovely Investing
9 October 2024 | 9 replies
While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.Housing Market: 77008 features a higher percentage of family households (52.39%) and married-couple families (44.77%), suggesting stability and potential for property appreciation.Digital Advertising Demand: Houston Heights apartments (77008): 50,000 average monthly searches.
Cole Drennan
Accepting new tenants
7 October 2024 | 3 replies
Two wage earners are going to have an easier time making rent than a family where there is only one paycheck, depending on how high such paychecks are, and in both cases you would look at the total household income.Stick to your guns on what you said you wanted, but when you are not in the heat of the situation reevaluate your standards to make sure they are still serving you well.
Eric Sato
STRs as a married couple, tax strategy
7 October 2024 | 7 replies
For short-term rentals (STR), your household needs to meet material participation rules and both of your hours counts towards the MP hours.
Khadijah Celestine
Can I wholesale to myself?
6 October 2024 | 8 replies
What is your ultimate goal for the house? Hold
Jerry Zhang
Good cash deal? - Multifamily Analysis
1 October 2024 | 8 replies
@Gino barbaraaverage household income is $31,000 USD, Unit mix is 8 1 bed/1 bath, 2 2 bed/1 bath, 1 4 bed 1 bath mobile home.
Shawn McMahon
Denver Colorado
3 October 2024 | 26 replies
Starting in Highlands neighborhood (or northside) which used to be a very rough part of town, is now the one of the top 3 most desirable are in the metro and this has slowly trickled down into neighborhoods south.I am an engineer so I love to base my decisions on data, so for example looking at census data, I like to look at % of high income earners in an area to gauge if I should invest or notFor 80204 which includes the neighborhood of Villa Park, in 2010 the % considered upper middle/high income was 4.2% of households. 2022 census says that now it is 40.5%On the other end is 80219 which includes the neighborhood Westwood which would have the lowest income area on my list, in 2010 Westwood had 4% as well, by 2022 it had 21.1% high /upper middle income earners.I have properties in both and tenant applicants are a wide variety (lower income folks on rental assistance to high income earnings wanting to rent in an area before buying a home) so its hard to put a property class in this area.
Greg Moore
Anyone moving their investments to Bitcoin?
7 October 2024 | 190 replies
Bitcoin is basically just "internet points" .Lastly, Bitcoin isn't even the "best" cryptocurrency available from a technology perspective - there are much better alternatives - it is just the "household" name.
Dharmam Buch
Need advise to vet a rental applicant
26 September 2024 | 7 replies
The applicant has solid credit score of 750+ and has a good household income as well.