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11 October 2024 | 4 replies
https://www.biggerpockets.com/blog/short-term-rental-loans-a...DSCR Loans: Terms to Know When Working With These Popular Rental Loanhttps://www.biggerpockets.com/blog/dscr-loans-terms-to-knowWhat’s Next For DSCR Loans?
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8 October 2024 | 13 replies
@Francys Ramirez Detroit is a VERY popular market for OOS investors.Will you be looking to buy/sell for yourself or other investors?
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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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11 October 2024 | 4 replies
Unfortunately, you will pay a high price to keep it while waiting for appreciation and it may not pay off in the end.If you want to invest for profit, you need to learn how to analyze property.
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11 October 2024 | 3 replies
I would love to have one to analyze and manage mixed use commercial properties.
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10 October 2024 | 13 replies
In particular, is there any software/tooling which is typically used to analyze & find tenants, analyze deals, and used to find a local realtor who specializes in real estate investing?
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8 October 2024 | 36 replies
@Gagandeep Singh If you analyze lots and lots of deals you should eventually turn up some that are stronger than others.
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10 October 2024 | 5 replies
Another solid read is "The Millionaire Real Estate Investor" by Gary Keller, which focuses more specifically on real estate strategies.For podcasts, BiggerPockets is extremely popular and a fantastic resource, especially for beginners.
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10 October 2024 | 2 replies
This strategy has gained popularity because of its potential for building wealth through real estate.
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20 October 2024 | 147 replies
So continue to report anyone you see that is just a shill for trying to upvote or popularize a thread.