23 January 2020 | 10 replies
There's strong rental demand as well as growth projections. $235K to $275K will go a long way there, particularly in the Cape.
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19 January 2020 | 0 replies
_________________________________________________________________________________________________Mobile, AL Market Trends:_________________________________________________________________________________________________- Mobile has seen a 6% increase in rents per month over the last year which constitutes immense growth in rental demand _________________________________________________________________________________________________- 72% of the population is under the age of 45 which attracts more of the younger population of which 40% have said they are interested in renting _________________________________________________________________________________________________- 76 days is the average days on market for a single-family residential property _________________________________________________________________________________________________- The rental vacancy rate is 11% over the last 6 months for single-family residential properties_________________________________________________________________________________________________- There has been a 6.7% increase in appreciation in homes over the last year_________________________________________________________________________________________________- 42% of single-family homes in Mobile are renter occupied _________________________________________________________________________________________________- The median rent for this year is $900_________________________________________________________________________________________________Business Sector:_________________________________________________________________________________________________There are 10 downtown residential developments currently in play and they include: _________________________________________________________________________________________________• Meridian at the Port, 300 N.
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21 January 2020 | 10 replies
I love the idea of delegation/automation/systems in business (and use quite a few) but go back and forth on what is delegatable vs. what is a core task that needs to be taken on individually.
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19 January 2020 | 1 reply
That being said I am 100% in stock index funds as I will have 30 years of growth...
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5 March 2020 | 28 replies
We own and operate 30+ Airbnb/STR’s here in St Pete, Florida for over the last 5 years and we’ve seen some incredible year over year growth.
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26 June 2020 | 4 replies
The potential of growth in this area is great for wholesalers and companies looking to buy and flip homes here.
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30 January 2020 | 14 replies
I would step a little more out into the suburbs and check out the pockets that are seeing growth.
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22 January 2020 | 41 replies
I'd rather have a property with a 7% cap rate in a 4% growth market than to have a property that's 4% cap and 7% growth.
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19 January 2020 | 3 replies
But the market is a lot more stable now, with a lot of sustainable growth.
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23 September 2020 | 10 replies
Lastly, what does the immediate area look like in terms of traffic counts, population growth, and (just as importantly) egress, ingress, and safety.