Mary Peale
Seeking Advice on STR Profitability & Strategic Adjustments for Year 2
15 January 2025 | 15 replies
I've added a few things for very minimal cost that guests really love and increased revenue ~34% year over year.
Chris Clarkson
Selling business/building and want to reinvest into real estate
17 January 2025 | 11 replies
I’m here as a 51 year old newbie to real estate investing and wanting to learn as much as possible.
Mike Conner
Investor wants to trade properties - seeking advice
12 January 2025 | 2 replies
My duplex - built 1989, 2,060 sf, 2 bed/bath, 1 year old roof, value if I subdivide (county already approved) and sell each separately $150k each ($300k total)Investor duplex - built 1995, 2,300 sf, 2 bed/bath, 5 year old roof, value around $310kThe investors initial request was for an equal trade and they would pay realtor fees, which I replied wouldn't be equal due to buying/selling costs (recording fees, title insurance, closing fee, survey, inspections, loan fees, 1031 fees, accountant fees, repairs), taxes would increase due to new sale price, I'd trade a 3.75% mortgage for a higher one, and I'm on the 10th year of a 30 year loan so resetting that to a new loan would restart amortization and pay more towards interest.
Olga Daisel
Advice on investment type
23 January 2025 | 5 replies
My 5 year old started Elementary in our neighborhood.
George Palacio
Advice for a first time home buyer looking to purchase Multi-Family
17 January 2025 | 2 replies
Hello, I am a 23 year old embarking on my journey into real estate, specifically focusing on multi-family properties.
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
I just went through this last year, but after 20 years.
Sharon Tzib
Houston Housing Stats December 2024 & Year End
8 January 2025 | 2 replies
pid=2141Houston Real Estate Highlights for December and Full-Year 2024:-Following two consecutive years of declines, single-family home sales rebounded in 2024 with 85,163 single-family homes sold compared to 84,038 in 2023 an increase of 1.3 percent; -Total property sales for full-year 2024 were statistically flat at 101,864 units while the total dollar volume increased 3.1 percent to $41 billion;-December single-family home sales climbed 16.3 percent year-over-year with 7,162 units sold;-Total December property sales increased 13.6 percent to 8,478 units;-Total dollar volume for December rose 20.5 percent to $3.5 billion;-The single-family home median price edged up by 1.3 percent to $334,290 while the average price increased 5.0 percent to $425,150;-Single-family homes months of inventory expanded to a 4.0-months supply;-The townhome/condominium market experienced declining sales throughout 2024, and in December, volume declined 5.8 percent, with the average price up 2.5 percent to $268,152 and the median price statistically flat at $234,250;-Townhome/condominium inventory improved from a 3.5-months supply to 5.4 months.
Kyle Shipley
New and eager to learn how to start and scale a RE portfolio
22 January 2025 | 5 replies
on a recent podcast Dave and Henry Washington talked about 10-15 years being a potential timeframe.
Joshua Giles
new to the community
22 January 2025 | 9 replies
I agree with many comments, I wish I was this driven at 19 years old.