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9 December 2021 | 0 replies
Houston Real Estate Highlights in NovemberSingle-family home sales rebounded from a slight decline in October, rising 3.9 percent with 8,320 units sold versus 8,010 in October 2020;Days on Market (DOM) for single-family homes dropped from 46 to 35;Total property sales rose 5.6 percent with 10,216 units sold;Total dollar volume increased 20.6 percent to $3.7 billion;The single-family average price rose 12.6 percent to $383,807; The single-family median price increased 16.3 percent to $314,000 – an all-time high first reached in June of 2021; Single-family home months of inventory registered a 1.6-months supply, down from 2.1 months year-over-year and below the national inventory of 2.4 months;On a year-to-date basis, single-family homes sales are 12.0 percent ahead of 2020’s record pace and 22.2 percent ahead of 2019.Townhome/condominium sales rose 16.8 percent with the average price up 16.0 percent to $258,970 and the median price up 10.5 percent to $210,000;Single-family home rentals rose 7.1 percent with the average rent up 8.5 percent to $2,042; Townhome/condominium leases increased 5.1 percent with the average rent up 3.8 percent to $1,737.Source HAR
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15 December 2021 | 4 replies
What about the ridges and starter courses, just regular shingles or special ones.Any water/freeze protection at the drip edge by both(???)
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5 January 2022 | 6 replies
If your income is low, now may actually be a better time to sell off some Bitcoin, before regular income pushes you into higher tax brackets.
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12 December 2021 | 7 replies
The new features that Airbnb is introducing seem geared toward attracting more hosts, so I can only assume demand is increasing much faster than supply.
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14 January 2022 | 13 replies
Biggest factor to inflation will be supply issues and size of national debt.
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1 January 2022 | 6 replies
These are the deals I'm able to do pretty regularly in my area.
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4 January 2022 | 17 replies
The brokerage I work for regularly sells 40-50 off market properties each month and as a new investment consultant, it is my goal to sell at least 3 properties each month.
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3 January 2022 | 3 replies
How much will that property rent for and what expenses will you regularly incur?
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3 January 2022 | 17 replies
Yes, he realizes there is a short term opportunity cost in that he could be charging a higher rate to retail customers, but the upside of the profit from the flip or equity in a BRRRR outweighs that.To me if the contractor partner started marking up his labor like a regular job it would be no different that the money partner starting to charge additional interest on they money put in or charging fees for borrowing for other sources.
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6 January 2022 | 11 replies
You shouldn't have any problems finding a regular renter willing to pay market rates.