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9 October 2024 | 13 replies
Buy a townhouse in this development near where I live called Sea Colony:Details: $860k for a comfortable townhouse.Pros:Comfortable place to live for the next few years, and I’d still have liquidity to invest elsewhere.It is still in my current community where all of my friends live, so I would still be where I want to be location-wise.Will get appreciation.Cons:High HOA fees ($660/month) and potential 10k special assessment in the next few years.Likely won’t cash flow after we move, so unsure whether it would make sense to hold.3.
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7 October 2024 | 2 replies
The biggest challenge I can see for this is that I hear it's a pain in the *** for the seller to go through a local community bank and confirm their income for their approval for a mortgage, and there are local/community banks that will approve 95-100% LTV loans based on how profitable the deal is.
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8 October 2024 | 1 reply
“There are other appropriate ways to bring down indoor temperatures, but a building’s electrical system and cost barriers must be taken into consideration,” wrote Debra Carlton, CAA’s executive vice president.Instead of costly mandates, CAA supports aligning the bill with AB 209, which directs the Department of Housing and Community Development (HCD) to develop practical recommendations for maintaining safe indoor temperatures by 2025.
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8 October 2024 | 6 replies
Hello BP community,We are in the process of attempting to optimize our first STR property in a very seasonal market.
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7 October 2024 | 2 replies
Hello Bigger Pockets Community, I am fixing to start wholesaling in the DFW community and am looking to connect with more experience wholesalers to aid me in the beginning of my journey.
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7 October 2024 | 1 reply
I’m joining Bigger Pockets Community to network, to learn and to find like-minded real estate folks!
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8 October 2024 | 3 replies
Overall, I think this is a good deal.Obviously, you’ll need to do your own due diligence as well—considering things like the area, tenant profiles, community growth, etc.
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8 October 2024 | 5 replies
I am finding this community to be so generous with sharing their learnings and helpful to others to get into REI.im humbled.I will DM you!
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9 October 2024 | 9 replies
I run a real estate data venture that pulls from various private and public sources and curates these reports, so it's not a simple answer.Social Sentiment: Search demand and what people are saying online.Neighborhood Class: Cleanliness, crime, graffiti, and overall health.Demographics: Identify market segments & trends.GDP & Economic Growth: County-level GDP changes to assess economic vitality.Poverty Metrics: Analyze economic challenges.Construction Activity: Easily predict market supply.Occupational Diversity: Forecast housing & commercial needs.Education Insights: Understand community stability.Real Estate Trends: Identify property value & rental cycles.Houston was just a place where I felt like sharing some knowledge.
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8 October 2024 | 2 replies
As rents and home prices rise, long-time residents are being squeezed out.Worcester is increasingly becoming a bedroom community for towns like Marlborough, Hudson, Natick, and Framingham, as those areas become more expensive.