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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 | 3 replies
Two wage earners are going to have an easier time making rent than a family where there is only one paycheck, depending on how high such paychecks are, and in both cases you would look at the total household income.Stick to your guns on what you said you wanted, but when you are not in the heat of the situation reevaluate your standards to make sure they are still serving you well.
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8 October 2024 | 0 replies
Location, location, location! 106 Spring Branch Rd, Dunn, NC, minutes to I-95 Comps
$219,900 (sold 6/27/24) 810 S Wilmington Ave, Dunn, NC 28334 2 bd, 1 ba, 1,025 sqft
$204,000 (sold 7/17/23) 113 Spring Branch Rd,...
10 October 2024 | 0 replies
You can sometimes push the selling price higher with multiple interested buyers in a bidding war.Additionally, selling property in a hot market means you can usually negotiate better terms.
10 October 2024 | 0 replies
Typically, off-market sales are common in hot markets where demand outweighs supply heavily, meaning that a home can sell easily without ever going to the public for sale.Pros of Buying an Off-Market PropertySearching real estate markets for off-market properties widens the net of investment opportunities.
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12 October 2024 | 54 replies
I would say this was the least organized BPCon (no cevent App, poor email distribution, my workshop that was $300 had about 20% attendance rate) I have been to, with the worse room problems (both ac and hot water problems in my room), and the hurricane issue (they cancelled the meal but many of the restaurants required reservations that we did not make because we were expecting the meal), and in my opinion worse keynote speakers even when one was a repeat (I like David Greene keynotes, but …), I enjoyed this BPCon more than the others I attended.
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8 October 2024 | 6 replies
We added a yard game area/hot tub/pool/etc.
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8 October 2024 | 8 replies
If you don't have a lot of outdoor possible trouble spots like decks, pools, hot tubs etc.
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7 October 2024 | 7 replies
For short-term rentals (STR), your household needs to meet material participation rules and both of your hours counts towards the MP hours.
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8 October 2024 | 36 replies
This is how folks get burned.I know Ohio has become extremely popular but it feels a bit too hot for me.