Dennis Lin
Newbie looking in the Fresno Sunnyside neighborhood
30 January 2024 | 3 replies
Just wondering what the average medium household income here is and if it's sustainable.
Jared Lomker
Why is California a poor rental market?
30 January 2024 | 19 replies
Keep in mind the median household income in Los Angeles County is $68,093/yr.
Britney Ross
Need advice on MHP purchase
29 January 2024 | 6 replies
Quote from @Jordan Moorhead: @Britney Ross I don't sorry, I avoid Alabama because the median income is too lowThat's an "interesting" comment - so you got my curiosity with your statement.Your self-created BP profile notes that you have many rental properties in the state of Kentucky.According to the US census bureau data, here's the numbers for 2018-2022:Median Household Income:Alabama 59,609Kentucky 60,183I don't think that $500 difference is statistically significant given the manner in which the census data is collected, but I didn't review the entirety of the statistics on census bureau data.
Kevin Gamboa
family property transfer
28 January 2024 | 1 reply
there would be no down payment required because of how much equity is in the household, correct?
Miguel Gutierrez
What you would do with $600k
28 January 2024 | 5 replies
Hi, My name is Miguel,My wife and I we have a household income $140k/year.we have a 30year debt loan (220k with 2.4%interest rate)we have 45 and 42 years old and 3 kids (4),(7)(10)we have now $600k in cash right now 1/2 invested by our self in stocks from savings last years but consuming a lot of time and energy to do that, and the other 1/2 of the money came money thay we inherited and is right now still managed the same financial advisor that they were managed before the money without great results for the moment in the last couple years.we would like to keep just focused the next 10-15 in our kids and our work, but we would like to maximize as much as possible our networth to be in a good financial position for us and our kids when we cross the 60 years old border!
Gene H.
Attracting National Tenants / Build to Suit / Ground Lease
28 January 2024 | 18 replies
and their land acreage, traffic count, household median income, population growth requirements?
Julie Marquez
Fresher than Mint - Tracking Personal Finances
28 January 2024 | 22 replies
My W2 and real estate income over a few years grew very fast and I just didnt make time do a household budget.
Michael Norwood
$20K Monthly Cash Flow - The Challenge is On! Seeking Your Guidance
30 January 2024 | 68 replies
I could utilize a pm to cut down on work, but I am trying to learn the business.My buy box is extremely small consisting of essentially two suburbs which have taken advantage of flight from the city (due to defund the police) but are still close enough to support benign commutes and have limited land for additional supply while also having rent and home prices which are attainable for people making median household income.There are risks, I live in a decidedly midwestern city with low population growth (but also very few builders).
Scott Trench
Is there Any Reason to Be Bullish on Multifamily Right Now?
26 January 2024 | 5 replies
Way more multifamily units (not even counting another 675,000 single family units under construction) than new household formations coming for 2024.Operating expenses, including taxes, insurance, maintenance, etc. are skyrocketing, and likely not all fully absorbed in the average property.And, alternatives that produce more cash flow than a 5% cap rate (average for prime multifamily real estate currently) with less work and less risk, like private lending, short-term treasuries, money market accounts, etc.
Andreas Mueller
A Skeptical Dude's Market Analysis - January 24th, 2024
26 January 2024 | 1 reply
And watch out on the road folks, in 2023 5.7% of households didn’t have car insurance, up 8% YoY.Why this Matters for Real EstateIndirectly this is a signal of overall stubborn inflation; directly, this does matter for the real estate industry.