Mary Ainsworth
How do you find median wage growth and population growth? (deciding on a market)
18 May 2023 | 7 replies
Hi Mary, I use rate.com to look at different metrics like Household Incomes, Population and Employment rate.
Renee Ren
Where to buy 1st out of state property?
6 June 2021 | 136 replies
This info will give you a decent idea of what to expect and help filter down your search to a few cities.Some of the metrics that I find valuable to understand are:- Population - Home Values- Household Incomes- Rental Vacancy Rate- Homeowner Vacancy Rate- Poverty Rate- Educational Attainment Rate (High School/GED & Bachelors)- Number of Housing Unit- Rent to Income Ratio- Rent to Price Ratio- Population on SNAPS (supplemental nutrition assistance program) percentage- Property Tax Rate- Median Age of Buildings- Number of Structures by Units (SFR, Duplex, Triplex, Quadplex, etc...)- Median Rents by Number of Bedrooms- Unemployment Rate- Employment Sectors Percentages These are just some of the indicators that will help you understand the quality of an area as well as the kinds of returns one is to except.
Nikki Closser
HELP US! No rent to be paid for more than 6 months in Seattle!
5 June 2020 | 146 replies
The defendant shall bear the burden of producing evidence of increased costs for household necessities or reduced household earnings due to the COVID-19 virus.
Liliana Tepan
Real Estate Markets (where to invest)
19 May 2020 | 13 replies
I will be starting my own real estate market research and narrowing it down to submarkets, looking into population growth, job diversity, median household income, emerging markets, etc.
Katie Miller
Tell me your BIG Real Estate Goals for 2020!
4 March 2020 | 255 replies
I've been interested in the bigger deals since I started learning and researching REI as I'd like to have a more passive portfolio that will replace and enhance my household income within the next 9 years.
Dennis M.
Disabled tenants in the hood
3 November 2019 | 66 replies
I think all of us can agree that not all SSDI recipients are lying malingerers, and we can also agree than SNAP benefits per household, at an average of $126.45 per person and total cost of +/- $65 billion out of a budget of 4.1 trillion are probably not going to sink this country.
Marianne Lopez-Henthorn
If you could move anywhere in the US...
5 June 2020 | 137 replies
Yeah take median home price and divide by the median household income.
Eric Kulling
How do YOU grade/rate a neighborhood?
25 September 2020 | 35 replies
Median household income by zip code is a good starting point. 30% of that figure helps gauge rental rate qualifications of the residents.
Moises R Cosme
When Will The RE Market Crash?
20 December 2020 | 127 replies
UNLIKELYThere are two key financial indicators that tell us that US consumers are in better shape today than they were in 2008 (even taking the pandemic into account):Median household income 2019: $68,703 Median household income 2008:$57,010Consumers make more money; the median household income is up 20% from 2008, while total debt is only up 6.9%.The second indicator is the consumer debt delinquency rate2005:4% 2016:4%2006:4.25% 2017: 4.125% 2007:6% 2018: 4.25% 2008:8% 2019: 4.125% Delinquency rates for 2020 are not yet available, but there is no evidence that delinquencies have spiked anywhere close to 2008 levels.
Todd Romero
Bogalusa Multi Buy and Hold
5 February 2018 | 8 replies
People there are quite poor, median household income of about $19,000.