Treasure Soe
Exploring Strategies: Cold Calling, Facebook Ads, and Virtual Driving for Off-Market
17 October 2024 | 22 replies
Tbh, in today's market, folks want to have a personal connection or at least know the person behind the company so having a great social media presence will work as well.
Dennis O'Loughlin
Need advice for video monitoring at apartment complex
11 October 2024 | 2 replies
Also, remind them this is coming from a safety measure for everyone wellbeing due to the climate of crime near our homes.
Victor Steffen
What's the deal with Forney Texas?
12 October 2024 | 6 replies
The purchase prices, lease rates, asset quality and neighborhood safety are not aligning.
Daniel Okeefe
tenant wants out of new lease
14 October 2024 | 7 replies
Always posting to social media about how terrible our apartment was.
Chris Seveney
Spotting an investment that will not end well
11 October 2024 | 7 replies
I am willing to go so far as to say they intentionally are seeking investment sources who don't have the means or sophistication to conduct appropriate diligence.Sadly social media has made it far easier for these bad actor capital raisers to get in front of their target audience with ease.
Chida Truong
Pace Morby Mentorship
14 October 2024 | 420 replies
Find me on social media and reach out if youd like.
Frank Barletta
Houston: Gross Weather, Lovely Investing
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.
Annie Chien
What would be the best revitalization strategy for a Fourplex
15 October 2024 | 14 replies
However, I am worried about the outdated electrical and water systems for safety concerns.
Kenneth P Ford
Property Manager Review
14 October 2024 | 9 replies
@Kenneth P Ford they are a national franchise with great marketing.They also have some national support for their individual franchises, but it all depends on the local team.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Manuel Angeles
SB 567: "Just Cause" Eviction using "Substantially Remodeling the Unit" in LA County
9 October 2024 | 3 replies
SB 567 clarifies that a tenant is not required to vacate the unit on any days where they could continue living there without violating health, safety, and habitability codes and laws.