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9 October 2024 | 13 replies
I have been browsing all the tools here, and just trying to become familiar with the site and the treasure trove of knowledge and tools that are available here.
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11 October 2024 | 12 replies
In the short term, if your property is still standing and others are heavily damaged, prices could go up due to reduced supply—there are just fewer homes available that aren’t in need of repair.
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8 October 2024 | 5 replies
Additionally, I’m partnering with a friend where we then can take advantage of a first-time homebuyer program, but we’re unfamiliar with the available options in Charlotte.Your guidance and expertise in helping us find suitable properties and navigate these programs would be greatly appreciated.
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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.
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8 October 2024 | 5 replies
If you have any questions on any of these strategies, I’m always available for a chat!
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16 October 2024 | 25 replies
We bought aggressively when there was value available in Perth market however with drastic increases in median prices limited demand there is not much value to be found.
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11 October 2024 | 17 replies
More often than not, I'm speaking to someone who isn't in a rush to fund a deal so time is typically available to have a handful of calls, perhaps meet for coffee although a face-to-face is nice but not a requirement.
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9 October 2024 | 28 replies
There's got to be commercial options available for STRs that perform better.
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8 October 2024 | 1 reply
I have another Escondido unit that will be available for rent in November (hopefully ready Nov 1).
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8 October 2024 | 3 replies
Seems like Google doesn't partner with AirBnB like they do VRBO, booking.com, and others so that means my property won't show up as a vacation rental with the "check availability" booking link on google maps or google web search.