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25 June 2024 | 125 replies
The median price for my market Milwaukee is $225,000 (which BTW has doubled in the last 9 years), so anything below is C and anything below half the median (112k) is D.I pulled numbers yesterday on every neighborhood for my next YouTube video and we have seen the highest % of median sales price increase YTD (the closest thing we have to measure appreciation) and the best neighborhoods are seeing the highest % - even though their median sales price is already the highest.You can map that out by simply putting a hypothetical portfolio in the BP rental calculator and see what happens after 10 years to a cash flow portfolio or an appreciation portfolio.
20 June 2024 | 7 replies
a) Depends on above, but Detroit fits all the criteriab) Work with agents at a PMC that know investment real estate (we can handle)c) Work with a PMC that does renovations (we do)To succeed at the above, you probably want to work with a PMC that is fully transparent and supplies videos for property walk-thrus and renovation progress.
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19 June 2024 | 3 replies
It contains more detailed information on investing insights, analytics, and, particularly, investing in Las Vegas.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).Overall Las Vegas Real Estate Market InventoryThe chart below, provided by the MLS, includes all property types and price ranges.The inventory level continued its downward trajectory, significantly lower YoY.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents continued the up trend as expected.
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21 June 2024 | 20 replies
**Acquire Knowledge and Skills** - Enroll in relevant courses and training programs
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19 June 2024 | 42 replies
.: Hi all, I have been watching a lot of Pace Morby's videos these days.
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20 June 2024 | 245 replies
would not surprise if younger kid would go back to live w/ their parent, would not surprise also if househacking would be more relevant as that's the only tools for homeowner to go against job losses ..... life may go to normal in 2025.
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22 June 2024 | 129 replies
Months of inventory is always relevant because basically it gives you a general idea whether a buyer or seller has the upper hand in negotiations.
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19 June 2024 | 16 replies
I am listening to Pace Morby's video's and interested in exploring options
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20 June 2024 | 11 replies
I have been doing lots of research on real estate investing this year, reading many books, watching videos, listening to podcasts, and scouring bigger pockets for information.
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19 June 2024 | 3 replies
I have the CC&Rs and the relevant section states:(A) Unit may only be used for a single family dwelling.