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8 July 2024 | 18 replies
I've got no issues with that.As for old data, literally today I got notice of a change in my credit report.
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8 July 2024 | 4 replies
Market rate right now is $1200/mo and with renovations (quoted 60-75k in labor) it's hard to say because there aren't much data points, but I think I could fetch $1500-1600/mo.
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8 July 2024 | 20 replies
Yardi's Advanced Budgeting and Forecasting module is wonderful and tends to be more accurate because it builds its forecast on all of your historical data.
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9 July 2024 | 17 replies
I can tell you the aluminum is far stronger than the gluelam data that I found: the company presentation is reporting some strength value at 2400 psi while 6061-T6 is ~40,000 yield / ~45,000 ultimate.
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8 July 2024 | 1 reply
The reason to get your license is access (to see properties) and data (for ARV and comps.)The class to get your license is way more relevant to investors than agents since they work residential and most do nothing so it's useful to take the class.
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8 July 2024 | 42 replies
That's according to data from local MLSs of the Houston Association of REALTORS®, North Texas Real Estate Information Systems, San Antonio Board of REALTORS® and the Austin Board of REALTORS®.Ben Caballero, the first Guinness World Record holder for home sales, broke his world record for an individual real estate agent, selling 5,793 homes totaling $2,270,911,643 in a single year.Ranked as the No. 1 real estate agent for nearly a decade by REAL Trends for both total sales and number of transactions, Caballero also listed an additional 668 homes for brokerages owned by home builders for an additional sales volume of $228,992,475.
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8 July 2024 | 6 replies
Essentially you are plugging in all of your data and they are using market price studied to generate your deductions.
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8 July 2024 | 35 replies
There is also some data that suggests if local investors swift there long term rentals to STRs, home values will increase, leaving homes on the market to be purchased by out of town investors, and LTR scarcity leading to locally increased LTR rates.
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9 July 2024 | 8 replies
Even if the market only appreciated at the rate of inflation, my equity growth is still beating inflation because I'm conservatively leveraged.4) It is unlikely single family prices will go down in any meaningful way as evidenced by over 100 years of US housing price data.
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7 July 2024 | 14 replies
The key evaluation data points for STR investors are accurate records of rental income and occupancy and/or projections from local mangers and online tools.