pid=2141Houston Real Estate Highlights for December and Full-Year 2024:-Following two consecutive years of declines, single-family home sales rebounded in 2024 with 85,163 single-family homes sold compared to 84,038 in 2023 an increase of 1.3 percent; -Total property sales for full-year 2024 were statistically flat at 101,864 units while the total dollar volume increased 3.1 percent to $41 billion;-December single-family home sales climbed 16.3 percent year-over-year with 7,162 units sold;-Total December property sales increased 13.6 percent to 8,478 units;-Total dollar volume for December rose 20.5 percent to $3.5 billion;-The single-family home median price edged up by 1.3 percent to $334,290 while the average price increased 5.0 percent to $425,150;-Single-family homes months of inventory expanded to a 4.0-months supply;-The townhome/condominium market experienced declining sales throughout 2024, and in December, volume declined 5.8 percent, with the average price up 2.5 percent to $268,152 and the median price statistically flat at $234,250;-Townhome/condominium inventory improved from a 3.5-months supply to 5.4 months.

So, after one year you netted $35,000 for your efforts while the property owner netted $40,000 in rent plus $150,000 increase in value.  

Cash flow has been hampered by an increase in cost of ownership recently, specifically insurance. 

Would it make more sense to move the money we make from selling to a different property that could potentially increase our cash flow? 

Quote from @Marc Shin: @Keagan Scott on any advice you have to help me increase my bookings would be appreciated! 

As long  the tenants pay the rent each month, increasing their rent will be very tough and getting them to leave will be extremely tough. 

The tenant base, on average, tends to be rougher on the properties, moves more frequently, and cannot absorb any rent increases.  

For investors, this can mean boosting rental income or increasing the property value significantly.

I think it will increase down the road, but right now the town is a bit on the past.

And I'd argue the average rents can be increased nearly 30% based on the current FMRs in the zip code.