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24 October 2024 | 139 replies
Here in CA a $1.2m PP for a $2.4mil ARV is a different animal.
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11 October 2024 | 12 replies
Some properties also cant be rebuilt so supply is limited while demand increases for a few years.
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13 October 2024 | 0 replies
Here are some areas in Texas and Florida that are currently attractive for real estate investment due to economic growth, population increase, and urban development:In Texas:Austin:Reason: It's a tech hub that continues to attract major companies like Tesla, Oracle, and Apple, driving demand for housing.Opportunities: Residential properties, multifamily units, and commercial real estate.Dallas-Fort Worth:Reason: This is one of the fastest-growing metropolitan areas in the U.S., with a diversified economy and a strong job market.Opportunities: Multifamily developments, long-term rental properties, and flipping projects.Houston:Reason: Known for its oil industry, Houston has diversified its economy into technology, healthcare, and manufacturing.Opportunities: Commercial and industrial real estate investments, as well as residential projects.San Antonio:Reason: It's experiencing continuous infrastructure growth and is more affordable compared to Austin and Dallas.Opportunities: Affordable housing and expanding development projects.In Florida:Orlando:Reason: Orlando’s tourism industry continues to drive growth, alongside its rising status as a tech and medical hub.Opportunities: Short-term rental properties, multifamily developments, and new residential construction.Tampa Bay:Reason: Tampa is experiencing a population boom and is considered one of the best places for job growth in Florida.Opportunities: Waterfront properties, new housing developments, and commercial real estate.Miami:Reason: As an international business hub, Miami is attractive to both investors and high-net-worth individuals looking for luxury real estate.Opportunities: High-end residential and commercial properties, luxury condos, and fix & flip projects.Sarasota:Reason: Known for its beaches and quality of life, Sarasota attracts retirees and families, boosting its real estate market.Opportunities: Residential developments, vacation rentals, and waterfront properties.
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7 October 2024 | 4 replies
Are there other ways to gauge the rental demand??
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12 October 2024 | 6 replies
Those might make good rentals...but also there can be extra costs...see if they are in PIDs/PUDs or MUDs that add significant cost to the monthly payment...maybe $100-$200 extra a month.Also $2500 sounds high on rent to me for 1800sqft....I would think more like around $2000/month, but haven't looked in that area lately.I do like Forney....one issue is I don't think there are good demand drivers there.
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12 October 2024 | 0 replies
Two questions:1) For those familiar with the area and demand, who has utilized a short-term rental management company in the Bremerton, Silverdale area of Kitsap County and what has your experience been like?
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16 October 2024 | 16 replies
However, the rents are slightly lower and could potentially wipe out your monthly cashflows with one major repair.As for higher appreciation market like West/East Coast, it's more expensive, but rents are higher due to a strong labor market, there will be a certain amount of demand for those markets, but the downside is that you will need to be creative by adding more values for the property.
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15 October 2024 | 10 replies
However, it does demand solid digital marketing expertise to see positive results.
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13 October 2024 | 16 replies
However I only know the western Oregon market and this type of RE wholesale would only work in the midwest or south where real estate isn't as crazy high demand/low inventory/above market value as Oregon is, so I can't apply my same parameters/experience/cost of renovations/what local buyers prefer/high demand neighborhoods vs slums etcMost RE programs have lots of reviews but this program seems to have no easy to find honest reviews from folks that are not connected to promoting it
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12 October 2024 | 15 replies
My question is that can I demand to see receipts?