Don Konipol
10 Most Common Incorrect Beliefs by Inexperienced RE Investors
9 October 2024 | 21 replies
I have seen this in nearly every market I have ever toured, an area of ages bygone that was "the" wealth center and now is the sec8 centers.
Neil Narayan
Google says it'll invest $1B this year in Texas
6 October 2024 | 1 reply
Google LLC announced Aug. 15 plans to invest more than $1 billion in Texas this year, its latest strategic goal focused on supporting cloud and data center infrastructure.Some of that investment will go directly into the technology giant’s data center campuses in Red Oak and Midlothian, both south of Dallas, which are helping the company meet the increasing demand for cloud and artificial intelligence services.
Frank Barletta
Houston: Gross Weather, Lovely Investing
9 October 2024 | 9 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.
Evan T. Ong
What is the best book on commercial real estate investing?
7 October 2024 | 6 replies
I want to be able to own shopping centers/malls and hotels one day, so books that can cover those topics.
Sanjeev Advani
The Future of Closed Drugstores: Plasma Centers, Restaurants, and Dog Parks
2 October 2024 | 1 reply
Other empty drugstores are becoming plasma collection centers, thrift stores, and car washes.While repurposing drugstores can be challenging, especially when dealing with building design and community concerns, their prime locations make them ideal for creative reuse.
Genesis Duncan
Newbie out of state investor looking to build network!
7 October 2024 | 39 replies
Look into neighborhoods like Jefferson, West Park and Boulevard, Brooklyn Center, Old Brooklyn, and Newburgh Heights.
Zach Rothman
Single Family Investment Property | Miami
6 October 2024 | 1 reply
Remodeling homes into something distinctive and desirable, like entertainment-centered properties, can definitely set you apart in the rental or short-term rental market.
Nate Armstrong
Is a huge real estate crash coming soon?
21 October 2024 | 176 replies
UAE is rapidly becoming "the" engineering center.
Rong Liu
Anybody uses OneRent Property Management (bay area)
7 October 2024 | 35 replies
Think of a call center.
Alan Asriants
Is this an end to Wholesaling?
30 October 2024 | 236 replies
Thank you again for the information, if I have further questions for you during the investigation I will certainly reach out.Best regards,Frances Hlawatsch | Financial InvestigatorState of Oregon - Real Estate Agency530 Center Street NE, Suite 100, Salem, OR 97301The laws already exist in most states just need to enforce them.