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8 October 2024 | 13 replies
Some of the best skills I've learned are basic real estate math and finance —being able to analyze potential deals to see if they are feasible and can generate good profit or cash flow.
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6 October 2024 | 1 reply
Build a Strong Team and DelegateAs you grow, it’s critical to surround yourself with skilled professionals who can take on various tasks, allowing you to focus on high-level strategy.
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10 October 2024 | 8 replies
This is a local protection implemented at the City and County level.
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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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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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5 October 2024 | 9 replies
Even though I have a business degree from a prestigious NYC University my skill set from owning my own business for 25 years did not transfer into my eventual W-2 job or the job market itself.
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9 October 2024 | 12 replies
Before, jumping into some of the advanced strategies, I would recommend starting at level one which is own property with a tenant and a property manager .
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9 October 2024 | 9 replies
Do you have the skills to do the work yourself, or would you have to hire someone?
10 October 2024 | 0 replies
An experienced mobile home handyman or mobile home mover will be able to raise/level a mobile home in the matter of a few hours or days with the right tools.3.
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11 October 2024 | 17 replies
I think each combination of job speed, size, margin, judicial vs. nonjudicial foreclosure, transparency level, etc. each turn the dial up or down on the appropriate deposit size.