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16 September 2024 | 0 replies
Economists note that job growth in typically underreported industries fell by 42,000 compared to the 6-month average, suggesting August’s numbers may understate actual gains.Key Employment GainsConstruction: +34,000 jobs, driven by heavy civil engineering and nonresidential trade contractors.Healthcare: +31,000 jobs, though slower than the past year's monthly average of 60,000.Social Assistance: +13,000 jobs, with more modest growth compared to previous months.Other growing sectors include financial activities, wholesale trade, and government (+24,000 jobs).Job Losses and Sector StrugglesManufacturing: -24,000 jobs.Retail: -11,100 jobs.Temporary help employment continues to shrink, reflecting business uncertainty.Wage and Fed Policy ImplicationsWages rose by 0.4% in August, up 3.8% year-over-year, supporting a cautious approach by the Federal Reserve on deeper rate cuts.
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17 September 2024 | 19 replies
What is something that you thought was true about the real estate industry / investing, but turned out to be different / not true once you actually gained the experience?
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19 September 2024 | 34 replies
He is an expert in the real estate industry and I would only take advice from people who have experienced the system itself and no one else.
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14 September 2024 | 32 replies
Adaptability and Tech Savviness: The property management industry is rapidly evolving with new technologies and tools.
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17 September 2024 | 14 replies
The co-hosting company grew from JD and his team's love of the short term rental industry, with a focus on being the solution to passive STR investing.
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16 September 2024 | 12 replies
For instance, when new industrial parks or company offices open up, it means more people looking for places to live, potentially increasing your rental income.
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16 September 2024 | 9 replies
Hey @Ashley Wong,I don’t have much insight into Columbus or Tulsa, but I run a turnkey provider in Huntsville and can vouch for the area—for two reasons.First, Huntsville’s strong demographic headwinds have led to steady and sustainable population growth (+20% in the last decade), while the city’s abundance of high-quality STEM jobs—brought to the area by industry heavyweights like Dynetics, Boeing, FBI, Redstone Arsenal, Blue Origin, and others—have attracted numerous well-heeled millennial renters.
16 September 2024 | 9 replies
Are there major industries there (hospitals, universities, etc.).4.
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17 September 2024 | 22 replies
Same vein for "Social Security Records' initial post too - I would move to another lender - DSCR Loans are standardized enough between lenders (probably around ~90%) so at best these are mild stretched truths but in my mind do a lot of damage to the industry and investors/borrowers because it creates confusion and uncertainty
14 September 2024 | 4 replies
He reports that a lot of people that he has trained, have left the industry altogether.