Matthias Pieplak
Looking for rental-cash-flow oriented lender for primary purchase
20 July 2024 | 5 replies
(Yes, I live on rice 'n' beans)If you have an underwriting process that can focus on my current cash-flows (and perhaps track record of successfully stabilizing properties), I invite you to comment or DM.THANKS BP COMMUNITY!
Gino Barbaro
Where Do You Think People Fail When Not Achieving Financial Freedom?
22 July 2024 | 71 replies
I ate a lot of rice, apples and other inexpensive food to get by.
Josh Levan
Seeking Market Knowledge in Tampa, FL
11 July 2024 | 29 replies
@Josh Levan Mostly northern Tampa, so University, Temple Terrace, Seminole Heights, East Tampa, Tampa Heights.
Alan Asriants
The realities of real estate investing - even if you own turnkey properties
8 July 2024 | 3 replies
After the first batch of rice was ready, I decided to throw it into the sink launch the garbage disposal, because why not just clean it and go from there.
Kyle McShea
Seeking Charleston REI Tips: House Hacking & Investment Insights
8 July 2024 | 6 replies
Anecdotally for reference, a friend who graduated from the Citadel in 2020 paid $1k/month for a room in a house just off campus in Hampton Park Terrace (utilities included) around that time.
Calvin Alardo
Cheaper rent than mortgage Tampa area
20 June 2024 | 10 replies
Hi,I recently bought a townhome in temple terrace Tampa in 2022.
Frank Barletta
Houston: F the Weather but invest anyways.
18 June 2024 | 0 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.
Mariana Kurko
Guidance on unique commercial/residential property
31 May 2024 | 2 replies
The other lot is empty with terraced gardens and has mountain views.
Iris Wu
New residential four plex - Balcony or No Balcony
31 May 2024 | 5 replies
I would argue there's more important things than a balcony. interior finishes. we build a triplex stacked over and over and no balcony. on our infill single family home we have two rooftop terraces and covered balconies that we are designing now to sell quick. it's more of an amenity to compete and get a quick sale.
Andrew McGuire
I'm Buying Negative Equity Properties and I'm Excited About It
31 May 2024 | 149 replies
How many people were moving to ArizonaThe biggest mistake people make is they think appreciation is a straight line which it’s not.If it was then everyone would be billionaires.What will happen if you hit a two year dip and rices drop 10% and unemployment goes to 5% and 10% of your properties are vacant / not paying?