
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.
11 October 2024 | 11 replies
And there's a lot of opportunities on the west side in C neighborhoods like West Blvd, but they probably don't have as high rated of a school system being in Cleveland.

15 October 2024 | 26 replies
For instance, if three of my properties are generating significant cash flow and performing well, they can offset any issues that may arise with another property, such as a heating system failure.
10 October 2024 | 7 replies
The rents are on the lower side, but I am also not looking to raise them significantly as the best thing about these properties IMO are the very long-term tenants.When I do the math, I'd have a lower monthly payment and pay less interest over time even at that premium price versus a lower price and lower rates in the next year or so, but I likely wouldn't be able to sell any of the properties at that value for quite a while.Is there anything I should be thinking about that I am not?

10 October 2024 | 25 replies
This saved me $900.09 and allowed me to get the system I wanted.

14 October 2024 | 14 replies
Turnkey rentals are a fantastic option - new builds or completely rehabbed homes, tenant ready, some tenanted, systems with 10 years of life remaining on them and property management teams in place -especially in the Midwest and Southeast of the country!

13 October 2024 | 18 replies
We also put notes in our system that documents our attempts to resolve issues that aren’t sent through text

12 October 2024 | 16 replies
But a lower rate may qualify for a 30 year fixed rate versus with an I/O option.

11 October 2024 | 10 replies
I had access to my money for an amazing deal, and I was out of the IRA system.

11 October 2024 | 2 replies
It's a charge per property in the system, paid monthly, which really isn't bad.