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20 June 2024 | 14 replies
Someone local, who knows the area and how properties move is the best bet for the most accurate answer for you.
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19 June 2024 | 6 replies
I agree though with everyone, best bet is to buy him out asap so you can do what you want with it to upgrade it and then decide.
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18 June 2024 | 5 replies
They will go to the most well known/popular sites.To put this in perspective, I have been using ListHub to syndicate my listings to an additional 350+ websites for years.
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18 June 2024 | 2 replies
Knew the market was good and knew that I couldn't go wrong if I rented it out considering it was near a popular military base as well.
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18 June 2024 | 10 replies
I think Zillow just wants to make money, take a cut where they can to pay themselves for running the most popular real estate site in the country.
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18 June 2024 | 0 replies
Since spring 2022, when the Federal Reserve embarked on its latest rate-hiking cycle, interest rates on the most popular loans for real estate investors, DSCR Loans (part of the non-QM loans category), have moved at unprecedented rates.
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18 June 2024 | 0 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.
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17 June 2024 | 19 replies
I bet I close at least 6 a year like this get a call on Monday fund on Friday doing one today for example came to me on Wednesday.
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19 June 2024 | 17 replies
If you want 10% returns you might have to look in another market, but if you want to park some money in a solid property, as long as it generates enough to break even after all expenses, taxes, etc. to allow you to hold on to it for 5-10 years I'd bet it will do better in the long run than a 10% cash flow property in a lower end market.
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18 June 2024 | 7 replies
Most homes for sale on the MLS are not looking to go with seller financing, in my experience usually you get those types of offers from the seller looking for buyers that want seller financing which is few and far between.I think your best bet here could be to offer sub2 but even that is a far stretch.