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Results (2,921+)
Abel Curiel New York Househack Update: Market Snapshot for 2-4 Unit Properties
29 July 2024 | 0 replies
We have seen a 20% increase in median sale prices in Suffolk, and the assumption can be made that this is primarily due to the eastward migration in NYC’s metro market.
Jenna Meditz Best All-In-One Property Management Software for First time Landlord?
29 July 2024 | 11 replies
They acquired another management tool I was using, so I was then migrated automatically.
Penny Malone New Investor looking to do some great deals
26 July 2024 | 19 replies
Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?
Michael Sun Market suggestion for Bay Area Newbie
24 July 2024 | 22 replies
Tech jobs, positive migration, combined with low property taxes, landlord friendly, and no state income tax make Nevada a solid place to invest.
Derrek J Hooyman What are factors to look at for properties/locations with the best appreciation?
23 July 2024 | 7 replies
Look at the school district--the higher rated the district, the better for holding value and stickiness of tenants, plus appreciation over time.Secondly, you'll want to make sure there is a net in-migration of working and professional folks to keep the local economy perking along.Good luck, keep investing and moving forward! 
Shiwei Qu Ohio Market Still Good?
23 July 2024 | 51 replies
Also remembered to play the long game, the entire southwest of the country will have no water soon and there will be mass migration to the Great Lakes bordering states.https://www.realtor.com/research/top-housing-markets-2024/ I don't like Toledo anymore.Too many out of state investors are here now making the market better than ever.It's frustrating growing the business so much.Preferred snail pace growth like when we first started hehe
Ricardo Serrano Rational to consider when entering a new market in multifamily
20 July 2024 | 21 replies
The 2 main things you should be looking at is net migration and jobs.
Tom Albares Buy one or two properties with proceeds of 1031
20 July 2024 | 4 replies
I live in miami florida now and I moved for larger scale developments here because of the net migration but columbus ohio the economics allow for that. existing inventory has been tougher and at the pricing inc columbus you may as well build new because you can build new less than replacement costs in a lot of the markets downtown. it's about being in adjacent downtown neighborhoods where property values and rents are higher. land values are the biggest driver of how well you can buy land to develop followed by permitted uses or rezoning applications. 
Jay O. Building a Fourplex or Triplex in Florida
20 July 2024 | 4 replies
I looked at almost every market in florida before I relocated from columbus ohio because miami Dade County has the most net migrations in the entire United States for one county. we build it in columbus ohio and it is worth approx 215k a door but down here all you'd have to do is change the assemblies and in miami that triplex would be worth more than 300k per door so closer to 900k depending on where you built it. new construction single family homes are going for around 330 per sq ft in the same area and a triplex is considered residential. by building codes a 4 unit is commercial I'd recommend 3 unit first or going as many units as possible if you have backing or your own cash. for each one we do we recommend 100k of liquidity. 
Jessica Hunt Rentec Direct users?
19 July 2024 | 25 replies
I transitioned my business into AppFolio and am currently migrating out of QBO to only use AF for everything.