10 October 2024 | 0 replies
For example, suppose your primary residence, rental properties, and employment are all in the same area.
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9 October 2024 | 2 replies
Does anybody have a good workaround for city ordinance restricting more than five unrelated occupants in a single-family residence?
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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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10 October 2024 | 7 replies
If you have a rent property with good cashflow, odds are you are BETTER qualified for the next mortgage than if you sold the rent property.
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7 October 2024 | 20 replies
"January 5, Met with prospective residents, 2 hours" I'm sure you can google examples.
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10 October 2024 | 1 reply
Investment Info:Single-family residence other investment.
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10 October 2024 | 3 replies
This creates long-term stability, as residents tend to stay longer.
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9 October 2024 | 1 reply
Investment Info:Single-family residence fix & flip investment.
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9 October 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment in Beacon Falls.
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7 October 2024 | 22 replies
@Ian Martin It's going to depend heavily on what the home can be licensed for, the finish of the home, and how many residents it can be licensed for.