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9 October 2024 | 9 replies
While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.Housing Market: 77008 features a higher percentage of family households (52.39%) and married-couple families (44.77%), suggesting stability and potential for property appreciation.Digital Advertising Demand: Houston Heights apartments (77008): 50,000 average monthly searches.
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20 October 2024 | 147 replies
The biggest miss I see is some of them giving facts like you can get 1% rule and my investors are doing great...cool, who are there, show us the numbers, show the data.
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10 October 2024 | 8 replies
I don't have time to go to the law library or access to the legal data bases that have more detail than my searches have resulted.
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8 October 2024 | 1 reply
300 jobs isn't a lot to bring to Memphis for a $3-4 billion dollar project (it doesn't take much to run a data center). personally I'm a musk fan, but we have to consider the ramifications to demanding this much energy.
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7 October 2024 | 0 replies
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $185,000
Cash invested: $54,000
Bought to rehab, and turn into a Short term rental in a market that has no single f...
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9 October 2024 | 3 replies
hey - im also in fort lauderdale u can dm me if you need another set of eyes on that deal - be very careful flipping in this market - check local data, dom etc so you dont get stuck on the market
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8 October 2024 | 13 replies
They saw the data or had friends experience good success.
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11 October 2024 | 17 replies
I am not sure if anyone ever cared to pull together the data but I am quite confident in saying a study that compared licensed to unlicensed contractors would tell the story of unlicensed contractors seeking greater deposits in relation to total project costs than those with all proper licenses.
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7 October 2024 | 5 replies
You can set specific criteria to spot underpriced homes, distressed properties, or anything that’s flown under the radar.I know several investors have had more luck with using water shut off lists, so while it's more work, that might be an even better approach.One thing to note is that Privy compiles real-time MLS data and integrates public records, so you’re not just getting a snapshot of the listing status but a full picture, including owner history, property condition, and any price drops over time.That said, if your focus is primarily on expired listings, I'd also suggest checking out RedX—they’re known for their niche in expireds and FSBOs.
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8 October 2024 | 3 replies
Despite my efforts to keep all the input data consistent, I’m getting different rates of return from various rental calculators.