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6 September 2018 | 0 replies
They list all their contact info clearly, and project a pretty legitimate image.I'm a property manager and got a spam/promotional-type email from them, saying that they do tenant screening for FREE.
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11 September 2018 | 31 replies
Price / Rent Ratio - lower the better Avg Median Income - feeds into #2, not as important on its ownAvg Median Price - feeds into #2, not as important on its ownAvg Median Rent - feeds into #2, not as important on its ownRent % of Income - rent should be >1/3 of incomeSociodemographic Rank - should be high (used this article)Population Growth - should outpace US average (used this site)Jobs Growth - highger the better (used Forbes data: example)Law Favorability - should be landlord-friendly (used Avail: example)State Tax Favorability - should be favorable (used this article)Poverty Level - should be low (used city-data.com)Crime - should be below US average of 290 (used city-data.com)Industries Present - should be diverse (used city-data.com) Here are the markets I evaluated: Bend, ORGreenville, SCCharlotte, NCMeridian, IDMidland, TXSpartanburg, SCHuntsville, ALKent, WAWithout any further delay, here is my market analysis laid out with selection criteria and markets: As you can see, the Top 2 Markets are: Meridian, IDCharlotte, NCand they are mostly green across the board, hitting all selection criteria, at a reasonable purchase price for my first investment at a young age.Now that I've completed a brief analysis, I'm looking to dive into deal finding and developing my Core 4.What are your thoughts on my preliminary market analysis?
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19 January 2021 | 116 replies
I initially chose the Atlanta market to start my RE journey because at the time it boasted a strong and diverse economy with rapid job growth, good rent to price ratios, fast growing population, new developments, school expansions, and more.
13 September 2018 | 2 replies
@Canesha Edwards I admire the attempt at promoting new products but if I ever brought an IPad into a tub with me I would be ordering a new one in the next couple hours.
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9 September 2018 | 4 replies
Hispanic properties are the easiest)Houston is a very “diverse” city they say.
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9 September 2018 | 1 reply
I've recently gotten a promotion at work and found out the job I'm working for is moving to a new location.
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10 September 2018 | 28 replies
Something to consider.MarkWe cant see ourselves living anywhere else in this political climate as we are a minority and we enjoy the diversity and the openness of California but it does come with a price I guess.
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11 September 2018 | 6 replies
@Destiny PrinceLow prices, affordable, lots of renters, diverse economy.
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18 November 2019 | 17 replies
I would be curious to know how many investors are really purchasing residential real estate deals with owner financing...The idea of owner financing in the context of a residential property has always seemed to me to be a bit of an urban legend; something promoted by so-called gurus to new investors hoping to get started buying deals with "other people's money" and no capacity to get a loan from a traditional lender.Let's consider the the most basic version of owner financing: Buyer agrees to purchase property from seller.
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12 September 2018 | 5 replies
If your current HELOC lender has an introductory rate you might even be able to raise the limit of your HELOC to enter into that promotional rate and lower it even more.