12 October 2024 | 2 replies
It will save you a lot of valuable time so you can concentrate on growing your investment portfolio instead of crunching numbers.This post originally appeared on the BiggerPockets blog.
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11 October 2024 | 6 replies
I am currently reading ‘The book on investing in real estate with no (and low) money down by Brandon Turner, hence why I recently joined the blog.
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11 October 2024 | 4 replies
Not every property is a wise investment.Here's a guide that describes what good cash flow looks like and how to analyze a property.https://www.biggerpockets.com/blog/rental-property-cash-flow...
11 October 2024 | 1 reply
When you combine these questions with the other guidance above, you put yourself in a position to rent your property to a tenant you can trust.This post originally appeared on the BiggerPockets blog.
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10 October 2024 | 6 replies
This sounds like a different situation than a "BRRRR" strategy refinance question - however, this article published here on BP last year goes through a lot of the different refinance options on the market for investment properties.https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...
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9 October 2024 | 9 replies
The education and health services sector alone added 23,800 jobs in the past year, reflecting a significant expansion in these industries, particularly in healthcare and social assistance.Proximity to Major Employment Centers: Greater Heights offers convenient access to key employment hubs such as downtown Houston and the Galleria area, which are major attractors for residents due to the short commute and abundant job opportunities.Education: Nearby institutions like University of Houston and Rice University contribute to the area's appeal.Infrastructure Projects: Ongoing developments like the East Blocks Redevelopment and BioHub II at Generation Park enhance local amenities and attractiveness.Investment InsightsGreater Heights Rental Market Trends:Single-Family House Rentals:Median Rent: $1,350 for 1 bedroom, $2,695 for 2 bedrooms, $3,250 for 3 bedrooms, and $6,100 for 4+ bedrooms.Stability in rent prices with modest YoY increases: 2 bedroom rents increased by $195, and 3 bedroom rents by $250.Median Sold Price YoY ComparisonApartment Rentals:1 bedroom apartments saw a YoY increase of $305, 2 bedroom apartments by $667, indicating strong demand for these unit types.Available Rentals:High availability of both house and apartment rentals, indicating a robust market that can support new rental investments.Sales Market Trends:Median Sale Prices:Significant appreciation in home values, particularly in 1-bedroom homes, which saw a 190.7% increase from $215K to $625K.Other bedroom counts also showed positive appreciation, e.g., 2 bedrooms (5.3%), 3 bedrooms (6.5%), 4 bedrooms (17.4%).Market Activity:Increased number of homes for sale and sold, suggesting a dynamic and active real estate market.
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30 October 2024 | 236 replies
Bigger pockets just released an article that goes into Wholesaling and how it can become illegal to Wholesale Real Estate in South Carolina.Here is the link for reference:https://www.biggerpockets.com/blog/new-south-carolina-law-wo...Wholesaling real estate seems like a great strategy but with that strategy, I've seen a lot of fishy characters who promote things that aren't true, lie to sellers directly, lie to Buyers and intentionally misrepresent information.
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10 October 2024 | 9 replies
Check out this BP Article on using an SDIRA - https://www.biggerpockets.com/blog/self-directed-ira-real-es...
10 October 2024 | 0 replies
Those expenses are crucial in determining your overall rental income and the amount calculated into a child support payment.This post originally appeared on the BiggerPockets blog.
10 October 2024 | 0 replies
Be ready to make fast, decisive, and informed decisions.This post originally appeared on the BiggerPockets blog.