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9 October 2024 | 9 replies
While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.Housing Market: 77008 features a higher percentage of family households (52.39%) and married-couple families (44.77%), suggesting stability and potential for property appreciation.Digital Advertising Demand: Houston Heights apartments (77008): 50,000 average monthly searches.
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14 October 2024 | 31 replies
Another benefit to purchasing Turnkey would be they in all likelihood would have vetted the tenant and would have methods in place to make sure a higher quality of tenant was delivered.
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6 October 2024 | 5 replies
It's all fun and games until a reckless driver jumps the curb...Since your investment goals are $300 monthly cash flow and 30% equity, you’ll need to make sure the numbers work for both properties under these new financing terms.
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6 October 2024 | 2 replies
We truly believe in fostering community and providing affordable housing while maintaining a high standard of ethical management and resident well-being.We are definitely looking into growth opportunities for our properties here in Norfolk, but we’re taking a careful and steady approach to ensure we can continue delivering quality for our residents.
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9 October 2024 | 39 replies
Not easy to find cleaning companies that are trustworthy and can deliver the fast turnaround that you need to be able to re-lease the cabin same day.
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6 October 2024 | 12 replies
Ensure you work that into your expenses when underwriting.Answering your questions:Experience - Location is really your main driver here.
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12 October 2024 | 54 replies
(computer engineer here, aka massive nerd 🤓)Looking to Get Out of BPCON2024:- Meeting awesome new people to add to the tribe, and hopefully bringing significant value to at LEAST 10 people I meet this yearGreat Connection, Someone Who's an Expert In:- Business acquisition (M&A)Session:- MINE, because I hope to deliver a ton of value to folks!!
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11 October 2024 | 40 replies
With that said, the J&G team is absolutely committed to over-delivering and it is a great option for a well-rounded and high-quality educational platform bolstered by a world-class community.
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7 October 2024 | 35 replies
All this company has is a talented Sales Department who can over promise and under deliver.