This improvement suggests a growing buyer interest and possibly limited inventory, creating favorable conditions for quick turnovers.Toledo OH - RE Analysis (April 2024) - House Sales (1).pdfDemographics and Economic FactorsPopulation and Economic CharacteristicsPopulation Size: With a smaller population of 5,341, 43620 offers less competition in buying and selling, which is beneficial for flippers targeting niche market needs.Income Levels: The lower median household income ($27,442) suggests a demand for affordable, refurbished homes—ideal for flipping projects aimed at cost-sensitive buyers.Housing and Ownership TrendsRenter-Occupied Properties: A high percentage (68%) of renter-occupied properties indicates a transient population, potentially less targeted for flipping.

Your “overhead” costs to buy & sell the house + holding costs, interest, property taxes etc, luckily these can be pretty easily calculated, many websites like closing companies will have websites where you can fill out information about a property and it will tell you the costs to buy & sell, loan costs are easily calculable, take your purchase multiply by intrest rate divide by 12, that’s your monthly expenses multiply by the number of months you project the to complete, a good rule of thumb is even cosmetic can easily be 6 months anything more complicated can be 9-12 though all that can very greatly.3.

. ;)   Not raising the rents to market is just subsidizing someone else's lifestyle at the expense of your own household. 

https://www.ewg.org/news-insights/news-release/2024/03/over-240-california-community-organizations-unite-againstLate in the legislative process the tax was slipped into a 2022 law, A.B. 205, authorizing the California Public Utilities Commission, or CPUC, to add a fixed charge to electricity bills based on household income.

Towns with household-name universities always seem to have strong culture and good businesses.

Household income $275k/yr-TSP #1: $205,000.   

., CBRE, Colliers).)Affordability: Ensure household income has grown at least 1% YoY for the past 20 years.

Here are the important factors to consider for a house hacker of a 2-4 unit property when using the program:NACA’s eligibility requirements consist of the following:No member of the household can have an ownership interest in any other property at the time of closing,Occupy the home over the life of the NACA mortgageParticipate in five actions and activities a year and at least one prior to NACA Qualification and one prior to closing in achieving NACA’s overall mission of economic justice; andBe willing to abide by NACA’s terms of membership, participation, and eligibility.Occupancy requirement:At the time of closing, the house purchased with the NACA mortgage must be the Member’s only home.

As a quick example, I grew up in a household of limited financial means.

With the historically low rates of the pandemic era now firmly behind us, some households appear to be moving past the hurdle of last year’s sharp jump in rates, an adjustment that we think could help further thaw the housing market.”