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31 October 2024 | 2 replies
We should have a lot less residential development being delivered in the next 1-4 years, which should shift the supply and demand for long-term residential and should have increased organic rent growth in the future as we saw from 2017-2020, but counting on that as an investment strategy probably isn't the best idea.
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31 October 2024 | 5 replies
Here's what I’m considering for each:Houston: Diverse job market and high rental demand, but property prices are rising.Midland: Potentially lower property prices, but market stability often ties to the oil industry.Oklahoma City: Affordable market with decent rental demand, but I’m curious about long-term growth potential.Pittsburgh: Growing rental demand, especially in areas like Mt.
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1 November 2024 | 0 replies
Southern border of the land is Wilson Creek (a large, well established, full time creek with old growth trees)Approx 1 acre of non-recoverable flood zone along length of creekTwo small ponds on the property, which can be filled in to utilizeSmall neighborhood to East of property line with utilities ready and available for project Currently a couple of older homes and barn structures on property (100% liveable and well maintained)Wilmeth Rd is currently expanding down the block to a 4 lane road which connects to Highway 75 in McKinneyLarge developments are underway within a 1/2 mile to 3 miles out radius<4 miles to Costco, ChickFilA, WholeFoods, Cinemark, major hospitalAT&T Fiber and Atmos Gas at front of propertyA water well can be run, if desired, or tap into the city's water (currently on city water and has large main at front of property)A CE firm has drawn up plans for a small, 12 home, 3/4 acres development.
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31 October 2024 | 3 replies
When you buy stocks, you are buying a share of a company's future growth.
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1 November 2024 | 2 replies
Feel free to ask if anything else comes up along the way always happy to help a fellow investor-to-be get going in this crazy, rewarding industry.Take care, Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC
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31 October 2024 | 8 replies
I have seen areas like Cleveland with COC ranging from 10-18%, while Columbus has around 8-12% with strong growth potential.
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1 November 2024 | 3 replies
They may need to cut open the wall to dry it out and prevent mold growth.
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31 October 2024 | 1 reply
Tulsa has some promising areas for new construction, especially at the price point you're aiming for.You might want to check out East Tulsa and Broken Arrow —both have been seeing growth, and new construction options can still be found under $200K in some developments.
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30 October 2024 | 5 replies
Emmy,For me I would put money like that in a high yield savings account because when I start saving for a shorter term goal I want to be able to use the growth to help me save.
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31 October 2024 | 10 replies
I'm not opposed to investing in Ashland, but Huntington would be my first choice due to the population, demand, growth, college, affordability, and the list goes on and on.