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18 June 2024 | 8 replies
Open to ideas and collaborating on this!
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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.
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18 June 2024 | 14 replies
Angela, refinancing your property at the current lower rate (Today's 15yr fixed purchase rate: 6.8% APR) can fund a down payment for another property, enhancing your portfolio.
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17 June 2024 | 3 replies
This will allow you to indefinitely defer the depreciation recapture of the enhanced depreciation and the tax on gain from the sale.
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17 June 2024 | 5 replies
This collaboration is one of the great benefits of being on BP.
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16 June 2024 | 3 replies
Whether you have tips to share or want to collaborate on a project, I'm all ears!
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16 June 2024 | 11 replies
The first thing I would do is try to find some people that already do land flipping in your area and try to collaborate with them and try to add value to them as much as possible!
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15 June 2024 | 6 replies
Glad to know of you and hope to collaborate in the future!
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14 June 2024 | 0 replies
Changing the current layout from a 3/2.5 to a 4/2.5 while enhancing the master bedroom into a master suite with huge walk-in closet and bathroom.
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14 June 2024 | 5 replies
Let me know when we can connect to collaborate on what you are looking for.