John Wallace
Current DSCR rates? Who's got the best program?
24 June 2024 | 8 replies
One example of a PMI report is the Chicago Purchasing Managers Index, which determines the health of the manufacturing sector in the Chicago region.
Parth Patel
Ground Up New Construction Hotel Project Analysis Help
19 June 2024 | 4 replies
Hello All, I am working on a new construction hotel project in Smithfield, NC, and am seeking constructive feedback from professionals in the hospitality sector.
Kiran Yella
North Carolina rental investment RTP area or Charlotte
20 June 2024 | 9 replies
I am located in the Charlotte area and would agree about the presence of our financial sector but also medical is a huge industry as well.If your outlook is 10 years then going with either option will prove fruitful.
Olivier Colson
Real Estate Growth strategy - need advise
21 June 2024 | 21 replies
Partnerships and Joint Ventures- Partner with Other Investors: Team up with experienced investors to pool resources and acquire larger properties or diversify into different real estate sectors.- Real Estate Syndication: Participate in syndication deals where multiple investors fund larger projects, such as apartment complexes or commercial properties.4.
Cory J Thornton
What are the potential effects of "Phantom Debt?"
20 June 2024 | 2 replies
As a real estate investor I am always curious about lending trends/debt trends in different sectors.
Carlos Ptriawan
as unemployment would be 100% going up next year and higher chance of recession
20 June 2024 | 245 replies
California especially, hit the most layoff in 2023 in white collar sector.
Frank Barletta
Houston: F the Weather but invest anyways.
18 June 2024 | 0 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.
Priya Gohil
Help Picking a Market
18 June 2024 | 14 replies
This economic stability and growth in logistics, healthcare, and education sectors create job opportunities, attracting more residents.
Robin Simon
What Are Current DSCR Loan Rates? Key Market Movers and How to Track Rates
18 June 2024 | 0 replies
One example of a PMI report is the Chicago Purchasing Managers Index, which determines the health of the manufacturing sector in the Chicago region.
Will Sifert
Another state making changes to their tax sale laws (Louisiana)
17 June 2024 | 13 replies
Sounds like this is a sector that would not have fierce competition.