Trevor Hummel
Difficulty with a Cell Tower Lease Agreement for Self-Storage Property
15 October 2024 | 1 reply
It was a self-storage property in a small town in Central Illinois with a recently underway residential development adjacent to the property, so lot's of upside.
Jack Lee
Multifamily Analysis Recourses?
15 October 2024 | 15 replies
i'm a real estate agent and advisor with Candor Realty; we specialize in working with investors.i like to see the next generation interested in investing in real estate so early.As a member of the brokerages Worcester team, i focus a lot on central Mass multi family properties and househacking in particular.feel free to reach out with any questions!
Neil Narayan
Google says it'll invest $1B this year in Texas
6 October 2024 | 1 reply
This investment not only reflects the growing demand for cloud computing and AI capabilities but also highlights Texas as a key hub for technological development.
Mark M.
Ratio Utility Billing System (RUBS)
13 October 2024 | 54 replies
There is one central steam boiler for the whole building, and I was on the hook for the whole gas bill in the past.
Tristan Gardner
Cashflow-OHIO REA Flip!
10 October 2024 | 1 reply
This is a lipstick + flip.New floors, paint kitchen counters, cabinet faces, new bath, install central airWhat was the outcome?
Ibrahim Mawri
Seeking Feedback: Would a Tool to Streamline Due Diligence in CRE Be Useful?
11 October 2024 | 3 replies
Would you find value in a dedicated software tool that centralizes and automates due diligence tasks, track task progress with due dates, and add team collaboration features so you can see who’s doing what at a glance—all your projects, due dates, and task statuses in one place.
Joseph Elci
Real Estate Meet Ups in New Jersey
9 October 2024 | 7 replies
I am wondering if anyone has any recommendations on well-established groups that host meet ups in north / central New Jersey.
Mitchell Hein
New AC unit
10 October 2024 | 25 replies
@Marcus AuerbachIf u have an hvac person only taking half a day to swap out a new heat pump and central air, and do all the proper evacuation and testing, they are on speed.
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.
Joseph Scorese
Exploring Economic Trends in your Immediate Real Estate Market Strategy
8 October 2024 | 0 replies
Proximity to new transport links, business hubs, or recreational areas can increase your property's value and attractiveness.6.