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6 March 2024 | 16 replies
When deciding between investing out of state vs home hacking in Oakland, keep the following in mind.Oakland House Hacking:Proximity: Living in Oakland while house hacking enables you to maintain a close proximity to San Francisco, which might prove advantageous for property management and maintaining connections with the local market.Possibility of Appreciation: Property values in the Bay Area have increased historically, which is good for accumulating equity over time.Local market dynamics, tenant preferences, and potential obstacles might be simpler to comprehend when one is in a familiar location.Demand for Rentals: Oakland has a robust rental market, and you can discover good demand for rental units if you pick the appropriate property and location.Creating Local Connections: If you live in the Bay Area, house hacking can assist you in making local contacts with property managers, real estate agents, and other investors.Investing Out of State:Investing outside of your state may be more affordable and enable you to use the same funds to buy more than one property.A few out-of-state markets can have more favorable cash flow prospects in contrast to the pricey Bay Area market.Geographic diversity, which can help reduce risks related to market-specific variations, is made possible by investing in a variety of markets.Hiring a local property management business, which offers a more hands-off approach to property management, is often necessary for out-of-state investments.Remember, both options have their advantages and challenges.
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5 March 2024 | 1 reply
Balancing parenthood with my investment journey is a new adventure for me, but one I'm eager to embrace.In my free time, I love immersing myself in different cultures and exploring new corners of the globe.
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8 March 2024 | 53 replies
(Investigate the presence of Fortune 100 companies and industry diversity, using resources like metropolitan council reports and broker websites (e.g., CBRE, Colliers).)Affordability: Ensure household income has grown at least 1% YoY for the past 20 years.
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6 March 2024 | 0 replies
By utilizing social media, you can attract a more comprehensive selection of potential buyers to improve the possibility of a sale.To use social media to promote your listing, follow these tips:Create social media accounts for your real estate businessShare your listing on social media platforms like Facebook, Twitter, and InstagramUtilize paid advertising on social media to reach a targeted audience using the targeting options provided by the platformEngage with potential buyers and answer any questions they may haveRemember, social media can be a great way to promote your real estate listing and attract a more diverse selection of prospects than just buyers currently actively searching for a property.
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7 March 2024 | 29 replies
Indianapolis does have a diverse job market, low unemployment and companies moving there (FedEx and Eli Lilly are two major employers and many hospitals).
4 March 2024 | 2 replies
With its growing economy, diverse neighborhoods, and affordable housing market, there's plenty of potential for success.Feel free to reach out if you have any specific questions or if you'd like to chat more about real estate investing in Tulsa.
5 March 2024 | 26 replies
Many successful investors have diverse stories about how they began their real estate journey.
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8 March 2024 | 121 replies
That, however, comes from chaning work culture such as remote works and not soely from the fact they are in bubble.I'm wondering how on earth houses could be trashed when people keep needing more house while the buying power of dollar keeps vanishing.
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4 March 2024 | 23 replies
Do you understand the culture you will be catering to?
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4 March 2024 | 11 replies
However, that doesn't mean there aren't good investment opportunities available.Richmond has a diverse real estate market with several neighborhoods offering potential, though it might require looking into properties with different strategies in mind.