Susan M Brandenburg
Hello BiggerPockets! New PRO here
3 July 2024 | 2 replies
I grew up in Conroe/The Woodlands not far from Spring - always happy to have a Texas native on the forum :) Like @Sarita Scherpereel said, the meetups in Houston are great to attend, network, and help educate!
Andrew Tran
Rental Rates =< Mortgage Rates
19 June 2024 | 9 replies
Look at nearby markets like Katy, The Woodlands, Sugar Land etc. where home prices may be lower than central Houston, providing better cash flow potential on rentals.
Adam Taylor
Thoughts on Sensitivity Tables and Equity Multiple Figures
17 June 2024 | 8 replies
I have found time is better spent building tools to quickly analyze & procure new deals, rather than hyper-analyzing the metrics of one deal, ultimately making initial review faster & more reliable (spend time on the things that make sense, quickly remove things that don't, even junior-level staff can identify good opportunities with the tools, etc).For example, if I'm modeling a SFR to 3-4 unit scheme, I can quickly check the $/sf/mo for each of my proposed units and get a good idea of the GOI without having to manually dig through & find rent comps in that City/Zip:- So instantly I know in Woodland Hills that a Studio is close to $5/sf/mo on avg, 1 Bedroom closer to $4/sf/mo, with the 2 & 3 Bedrooms closer to $3/sf/mo.
Moses Sefah Bosompem
How Do You Conduct Market Research for Your Investments?
13 June 2024 | 7 replies
Take this 💥just-closed renovated property for example💥:With my query of "22757 Charlemont Pl, Woodland Hills, CA 91364 5/4/2400-3050,0.6,300" we get an ARV Estimate that is ~4% off, and I picked this at random just scrolling through recently closed in my areaAnd the Market Stats $/sf of renovated property in that Zip Code matches up pretty well, so I know the ARV estimate is realistic:You can also run Agent Stats to find/get in touch with the real top-agents in that area so you can triple-verify everything and/or list it with them when you are done.
Kristen Haynes
Nationwide Monthly Housing Market Trends for June 2024
12 June 2024 | 6 replies
.$447,0005.1%14.1%49.0%57.7%Houston-The Woodlands-Sugar Land, Texas$370,000-1.3%0.3%13.9%38.1%Indianapolis-Carmel-Anderson, Ind.$350,0000.9%4.6%23.7%54.5%Jacksonville, Fla.$423,000-0.9%1.0%34.2%54.0%Kansas City, Mo.
David D.
Using a predictive model to find undervalued properties.
11 June 2024 | 46 replies
Nice Steven....And AI can give comps very fast as well these days lol :Based on the recent home sales data for Woodland Hills, CA, it's difficult to determine if 22757 Charlemont Pl specifically has a good ARV (after repair value) without more details on the property's condition, size, and features compared to other recently sold homes.
Nathan Frost
How to find properties/areas that appreciate in value?
8 June 2024 | 22 replies
Take this 💥just-closed renovated property for example💥:With my query of "22757 Charlemont Pl, Woodland Hills, CA 91364 5/4/2400-3050,0.6,300" we get an ARV Estimate that is ~4% off, and I picked this at random just scrolling through recently closed in my areaAnd the Market Stats $/sf of renovated property in that Zip Code matches up pretty well, so I know the ARV estimate is realistic:You can also run Agent Stats to find/get in touch with the real top-agents in that area so you can triple-verify everything and/or list it with them when you are done.
Antonio Waller
What Tools Do You Use For Market Research
7 June 2024 | 5 replies
Take this 💥just-closed renovated property for example💥:With my query of "22757 Charlemont Pl, Woodland Hills, CA 91364 5/4/2400-3050,0.6,300" we get an ARV Estimate that is ~4% off, and I picked this at random just scrolling through recently closed in my areaAnd the Market Stats $/sf of renovated property in that Zip Code matches up pretty well, so I know the ARV estimate is realistic:You can also run Agent Stats to find/get in touch with the real top-agents in that area so you can triple-verify everything and/or list it with them when you are done.With the above, I am able to quickly vet every new deal that comes my way and spend more time on the good ones.
Joe Jones
STR Rental Arbitrage Greater Houston
29 May 2024 | 5 replies
Would even consider suburbs (Katy, Woodlands, etc.)Thanks!
Braden Heard
Short About Me
21 May 2024 | 8 replies
I’d love to chat with anybody like minded or meet up if you’re in the Spring/Woodlands area.Where I’m at currently I won’t be of much use as far as capital goes, but I am a grinder and would love to help any way I can.