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8 October 2024 | 3 replies
Or in the early stages ask for more detailed financials for the last rolling 12 months, and come back with that data early in the process to weed out those who won't budge?
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9 October 2024 | 12 replies
@Becca Pariser most listing agents discuss seller financing when listing as it’s a field in the listing data sheet - seller financing: none.
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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.
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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.
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8 October 2024 | 1 reply
300 jobs isn't a lot to bring to Memphis for a $3-4 billion dollar project (it doesn't take much to run a data center). personally I'm a musk fan, but we have to consider the ramifications to demanding this much energy.
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7 October 2024 | 0 replies
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $185,000
Cash invested: $54,000
Bought to rehab, and turn into a Short term rental in a market that has no single f...
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9 October 2024 | 3 replies
hey - im also in fort lauderdale u can dm me if you need another set of eyes on that deal - be very careful flipping in this market - check local data, dom etc so you dont get stuck on the market
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7 October 2024 | 20 replies
If you meet this first test, you are a REP...now determine if you can use the benefits of it.2) if you or your spouse meet test 1, THEN you can make an election to combine all your RENTAL activities together for purposes of determining if materially participate in your rental activities. 3) So you met test 1, made the election under #2 - now you see if you materially participate in your rental activities.
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8 October 2024 | 13 replies
They saw the data or had friends experience good success.
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8 October 2024 | 4 replies
There are 7 material participation tests and these are the 3 most common for real estate investors AND you need to meet one of them: Spend more than 500 hours on your rental businessDo substantially everything for the rental businessSpend more than 100 hours on the activity and no one other individual spends more time than you doAnother way to offset non-passive income (e.g.