Arie Guerra
Tax Law and Financial/RE Planning
18 June 2024 | 4 replies
I'm paying very high monthly fees and additional management/service charges but am still not getting the help/education I would like.
Itay Heled
New law asking "Registered Agent" In Cleveland
18 June 2024 | 9 replies
lolThe author is NOT describing that the property manager will be help civilly liable in court for the property's maintenance etc.
Presley Becker
First Investment Question
18 June 2024 | 3 replies
The property is managed by a contracted company.
Claudio Garcia Zuniga
What are some websites/techniques to market your property?
18 June 2024 | 5 replies
We've had really good bang for buck value with Zumper as far as ILS goes.We also bought a matterport camera and create a virtual tour of each available rental which creates a nice interactive way for prospective tenants to see a space and get an idea for its layout before touring.We use Appfolio for management software and it pushes the listings automatically out to any ILS who will listen which has been a huge help not having to list the same property on multiple sites.
Barry Chien
$204 million JV with Seattle Developer
17 June 2024 | 0 replies
$15m in EB-5, large skin-in-the-game from the local Seattle developer who put in 25% in equity through the land contribution, 75%/25% JV, blue-chip architect & well mapped out condo project.
Tom Dieringer
Using HELOC for next investment - what am I missing?
17 June 2024 | 2 replies
Everyone seems to talk about including the costs of the new mortgage, taxes, insurance, maintenance & capital reserves, and the vacancy projections when looking at realistic cashflow, which we already do for all the properties in our rental portfolio.But we, like many, cant find properties that are making any cashflow sense right now.
Frank Barletta
Houston: F the Weather but invest anyways.
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.
Heidi Saelee
Unresponsive Property Management Company
15 June 2024 | 4 replies
Hi everyone,I have been with this management company since I first obtained the duplex.
Stephen Reyes
Using Zillow for rent payments
18 June 2024 | 10 replies
They are a complete rental management solution for about $4/door per month.
James Blair
Private Lending - Delayed Interest Options
17 June 2024 | 7 replies
For the past five years, I have been providing private loans to a builder for new construction projects.