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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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9 October 2024 | 10 replies
Short term rentals are becoming a thing of the past in my opinion.
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2 October 2024 | 6 replies
I'm of the opinion, if you have a good thing going, don't mess with it!
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9 October 2024 | 15 replies
“Trust but verify” is a great motto when it comes to PM’s in my opinion.
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11 October 2024 | 12 replies
This will cause more supply and less demand = lower prices.Of course, none of us have a crystal ball, but that is just my two cents for economics 101 :) Thanks for your prayers and opinion.
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6 October 2024 | 5 replies
was curious if anyone has any opinions about the potential for this location.
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10 October 2024 | 19 replies
You won’t obtain accurate information about your contractural obligations fromReal estate brokerSellerMentorBP forum members who haven’t even seen the subject purchase contractSo, where to you find an UNBIASED, ACCURATE, EXPERIENCED opinion of where you stand?
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6 October 2024 | 7 replies
Quote from @John Mason: Other opinion :) https://www.biggerpockets.com/forums/12/topics/1196948-negat...
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8 October 2024 | 4 replies
Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)
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8 October 2024 | 12 replies
My opinion is don't try this in Detroit proper.