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6 October 2024 | 7 replies
The market's steady growth ensures that homebuyers and rental property investors can capitalize on the area's potential.Key Economic Indicators:Average Wage in 2024: $59,586Five-Year Compound Wage Growth: 3.73%Total Employment in 2024: 748,600Five-Year Compound Employment Growth: 3.14%Unemployment Rate in 2024: 3.8%GDP Per Capita (2022): $70,178Affordability Indicators:Median Home Price in 2024: $447,526Five-Year Compound Price Growth: 9.35%Median Rent in 2024: $1,797Five-Year Compound Rent Growth: 5.91%Rent-Price Ratio: 0.4%With steady wage and employment growth and an unemployment rate below the national average, the Raleigh-Durham area is a prime market for real estate investment.
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8 October 2024 | 6 replies
The damage to the property can be handled over the next several weeks (large tree on roof, landscaping destroyed), though it is unclear when we will regain power and water (potentially weeks beyond repair?).
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7 October 2024 | 2 replies
Taking the small steps throughout the years has compounded to this incredible opportunity.
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11 October 2024 | 40 replies
If there’s one thing I’ve learned in my short time as a multifamily investor, it’s that proximity is power.
10 October 2024 | 0 replies
Real estate auction websitesLeverage the power and reach of real estate auction websites.
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8 October 2024 | 22 replies
We were without power in a mess here in SC.
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10 October 2024 | 23 replies
., but then don't have time or brain power left to focus on taxes.
10 October 2024 | 0 replies
If you walk through every inch of the potential investment property with a powerful flashlight to look and test for leaks, you’ll know exactly what you are purchasing.What else should investors purchasing mobile homes look out for?
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12 October 2024 | 54 replies
This is my 3rd BPCON and I'm a huge believer in the power of networking, so let's gooo!
15 October 2024 | 69 replies
Coincidentally, I just listened to episode 3690 on Next Level CRE: Power of Mindset today.