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25 February 2025 | 17 replies
I don't think it will continue to appreciate at that rate forever or honestly past the next few years but right now where prices are in relation to the median housing price of the surrounding market, the need for affordable housing/rents, etc, many people are continuing to flock to the our investment area which is continuing to push the prices of the properties in Chester up closer to the median housing price of the greater area.In regards to inflation, I don't think the inherent value has risen only the demand for the product itself.
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22 January 2025 | 5 replies
I personally don't mind cooking on electric but I will say that cooking on propane is different than what most people know which is natural gas.
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26 January 2025 | 0 replies
I bought a single family because I thought I could house hack in the same way as a duplex and in ways it certainly could have and did work but I didn't expect the relational aspects of having people living in a property I purchased.
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25 February 2025 | 18 replies
It is your responsibility to find the right answer, give a clear expectation to people you hire, learn about the house and industry.
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29 January 2025 | 23 replies
Some people will say, "Take out a quality Insurance Policy and you will be protected."
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27 January 2025 | 12 replies
Generally larger commercial properties and shopping centers are easier to classify with hard and fast rules, but to the points above the residential areas really move very quickly and have way more nuance than most people care to admit.zip codes are generally way too large for my liking at least in my market to provide any kind of insights other than macro level economics but even then highways or rivers that cut through a zip code can end up with totally different trade areas.we can get pretty granular with cellphone data and with grocery center data to understand the trade areas and their true boundaries, but that kind of data pull is generally only cost effective for investors doing larger scale projects or developments, and honestly we still just end up getting on the ground and feeling it out, so I generally tell people that the money is better spent on a plane ticket and weekend trip in the area you are looking rather than any kind of "trade area" level data studies.and generally B class in 1 area means something different than another.
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23 January 2025 | 6 replies
It would be mainly rented to alumni, parents of students and people exploring the area by the University of Florida.
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21 January 2025 | 3 replies
People might be taking advantage of the rising prices.
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5 February 2025 | 13 replies
Remember egress/ingress are the real big deals here, both people getting out and firemen getting in.I would pass.
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24 January 2025 | 21 replies
Learn what people are doing right now in this difficult market and find a way to replicate their success.A lot of people say they are actively investing.