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10 October 2024 | 1 reply
That might sound good, but keep in mind that quantity doesn’t always equal quality.
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11 October 2024 | 8 replies
If they can't, they must pay the first three months of rent in advance and a deposit equal to two months.
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11 October 2024 | 14 replies
While we don't have a crystal ball, most would agree that all things being equal, the property in Southern Florida will be more valuable than a quadplex in Huntsville, Alabama, ten years from now.
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8 October 2024 | 6 replies
Be also mentally and emotionally prepared for the folks that think just because this is not your primary home, it's somehow less of a catastrophic event for you because others did lose their primary homes.That's why it's vital for you to form support networks with people who are in your same boat - ideally in the same community.This truly pains me to share - but most of the disasters I'm seeing across Western NC are going to be considered flood events and if you do not have a separate flood policy you will likely get no coverage.
10 October 2024 | 0 replies
Based on the examples above, we would use the $12,000 gross rental income minus $5,200 of total allowable expenses, equaling $6,800 in net rental income.
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6 October 2024 | 1 reply
Networking also plays a vital role; connecting with other investors, real estate agents, and industry experts can provide valuable insights and open doors to new opportunities.
10 October 2024 | 0 replies
Real estate investors should look for off-market properties for a few reasons:Off-market prices can be negotiated better due to less competition.Lower competition, in general, equals a better chance of your offer winning.You can negotiate other, more favorable terms that aren’t always available on-market.Why Do Sellers Go Off-Market?
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10 October 2024 | 16 replies
All attorneys are not created equal.
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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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7 October 2024 | 1 reply
We're continuously seeking opportunities to meet and collaborate with like-minded professionals equally dedicated to the real estate space