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22 January 2020 | 15 replies
What is the average price in the area and does anyone have a recommendation on a good plumber or service to replace the water heater?
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19 January 2020 | 0 replies
Anything over 50 units with a 15% IRR on average.
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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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5 March 2020 | 28 replies
Dora average $120-130/night, 3/2 houses can easily do $150-180/night.
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29 August 2020 | 26 replies
Average income and success statistics for agents are not impressive.
23 January 2020 | 71 replies
For instance, your comments for the renovation suggest it's a full gut and rebuild plus a higher than average demo and haul/dump.
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13 March 2020 | 1 reply
Maybe if you were part of an organization where you managed contractors, this skill can come in handy.3) Above Average Credit Score - This is actually important.
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23 January 2020 | 14 replies
There seem to be plenty of lots of land similar to (if not better than) the ones those cabins are built on for around $60k.So 3000sqft at $175 per sqft new build (is that about average for the area, or even a little high?)
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21 January 2020 | 3 replies
I don't know the area, but paying $200k+ per unit when the rent is $1,500+ on average sounds a bit expensive to me.
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19 January 2020 | 1 reply
It is a split level home and we run an Airbnb in the bottom half, which on average, covers 80% of the monthly mortgage.