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8 October 2024 | 3 replies
I'm considering posting a development project on one of them for funding, but I'm not sure which one if any of these is worth it.
7 October 2024 | 0 replies
Im currently putting a plan together to develop a property with some existing infrastructure.
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13 October 2024 | 54 replies
Back then water was so cheap that developers of multifamily buildings just included in the rents.Today is a different time and place so water is called "liquid gold".
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9 October 2024 | 21 replies
We bought 117 lots in one development, where the developer was shot and killed while in bed with the foreman's wife.
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8 October 2024 | 0 replies
In recent years, the world has witnessed a regulatory awakening in data privacy enforcement, a development driven by increasing consumer demands for transparency and the global proliferation of privacy laws.
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7 October 2024 | 8 replies
Our major focus has been developing two larger (for us 220/365 units) locations in a larger town and we haven't looked back at our original locations.
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9 October 2024 | 9 replies
The education and health services sector alone added 23,800 jobs in the past year, reflecting a significant expansion in these industries, particularly in healthcare and social assistance.Proximity to Major Employment Centers: Greater Heights offers convenient access to key employment hubs such as downtown Houston and the Galleria area, which are major attractors for residents due to the short commute and abundant job opportunities.Education: Nearby institutions like University of Houston and Rice University contribute to the area's appeal.Infrastructure Projects: Ongoing developments like the East Blocks Redevelopment and BioHub II at Generation Park enhance local amenities and attractiveness.Investment InsightsGreater Heights Rental Market Trends:Single-Family House Rentals:Median Rent: $1,350 for 1 bedroom, $2,695 for 2 bedrooms, $3,250 for 3 bedrooms, and $6,100 for 4+ bedrooms.Stability in rent prices with modest YoY increases: 2 bedroom rents increased by $195, and 3 bedroom rents by $250.Median Sold Price YoY ComparisonApartment Rentals:1 bedroom apartments saw a YoY increase of $305, 2 bedroom apartments by $667, indicating strong demand for these unit types.Available Rentals:High availability of both house and apartment rentals, indicating a robust market that can support new rental investments.Sales Market Trends:Median Sale Prices:Significant appreciation in home values, particularly in 1-bedroom homes, which saw a 190.7% increase from $215K to $625K.Other bedroom counts also showed positive appreciation, e.g., 2 bedrooms (5.3%), 3 bedrooms (6.5%), 4 bedrooms (17.4%).Market Activity:Increased number of homes for sale and sold, suggesting a dynamic and active real estate market.
7 October 2024 | 0 replies
this property is zoned for office / medical facility, multi use but has a residential house on it.would love advice from the community on how to1. analyze potential2. source funding3. evaluate market value of property for purchase4. building the development team
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8 October 2024 | 4 replies
Accept that the successful RE investors have a well developed skill set that is not immediately acquired.
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6 October 2024 | 1 reply
Prefabricated or modular designs can further speed up development.2.