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20 August 2024 | 16 replies
My biggest advice is to Invest in high-quality, professional photos that highlight the lake views, dock access, and unique features like the gravel lot and dead-end road location.
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19 August 2024 | 7 replies
We've decided to take our aesthetic to Dallas, for several reasons both business and personal but we're excited for this next chapter of building.Outside of real estate, we like to take our dogs to the beach/park, try new foods and sharpen our RE skills.
19 August 2024 | 6 replies
Hopefully you did not pay too much for the dirt. 1 acre is optimal these days because of desired double to triple drive thru for QSR.It can become a problem because if they make the building smaller you get less rent but they do more sales.Example a QSR used to be 3,000 to 4,000 sq ft but now instead wants double drive thru's as not many go inside for fast food like pre-covid.If you get 1,000 a foot less at 30 a foot you just lost 30k NOI and now at 5 cap example paying all cash NNN once developed you have lost 600k value.It can fine as long as you do not overpay for the land.
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19 August 2024 | 52 replies
Since that decoupling, there has been a long stream of "rah-rah" shows that IMO did not focus on ordinary people, bringing a sense of reality back to the process, and inspiring people not by stoking BS dreams of Grant Cardone (who's Grant Cardone, my long-running joke) but by highlighting how your any wo/man could do it, in a realistic way.
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21 August 2024 | 27 replies
@Miguelli Fernandez here's some other food for thought!
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20 August 2024 | 40 replies
Just some food for thought as you're going through the motions :) it is absolutely negotiable, before you close the loan.
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15 August 2024 | 1 reply
pid=2107Houston Real Estate Highlights in July, 2024:-Single-family home sales rose 1.8 percent year-over-year;-Days on Market (DOM) for single-family homes went from 42 to 44 days;-Total property sales were down 2.1 percent with 8,969 units sold;-Total dollar volume increased 4.4 percent to $3.8 billion;-The single-family median price increased 2.9 percent to $350,000;-The single-family average price rose 4.7 percent to a record high of $445,440; -Single-family home months of inventory registered a 4.3-months supply, up from 3.1 months last July;-Townhome/condominium sales continued to decline, falling 19.5 percent, with the median price up 0.7 percent to $221,500 and the average price declined 0.8 percent to $261,123.
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15 August 2024 | 7 replies
A 2-4 unit as highlighted by others above is a great way to reduce costs of living, gain equity, and eventually move on while retaining the asset for cash flow.