Nick Parenti
Best Sources for Market Research
27 December 2021 | 2 replies
I’m lookin for stuff like average current rents by city, average current home prices by city, crime rates, population growth, etc. but see different numbers every site I look at.
Alex Bellini
Cost segregation - multi family vs single family
27 December 2021 | 3 replies
That being said, on average we see about 25-30% of reclassification to faster depreciation (eligible for 100% bonus depreciation) for garden-style multifamily properties, and 15-20% for SFRs, unless they are short term rentals, in which you own all of the furnishings and amenities, it's more like 25-40%The cost should be associated with the scope of work of the project in which multifamily or other commercial properties require significantly more work, whereas SFRs require relatively less.
Brendan Seals
HVAC and water heater is out of warranty
17 December 2021 | 15 replies
Inspectors flag these items if they are past the average life expectancy, but that doesn't mean they need to be replaced day one.
Shane Ryan
Contractor looking for investor
12 December 2021 | 17 replies
But a wholesaler with a different skill set than the average bear.
Sharon Tzib
Houston Housing Stats November, 2021
9 December 2021 | 1 reply
https://www.har.com/content/newsroom/Houston Real Estate Highlights in November-Single-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.
Dana Carr
How to finish this porch floor?
9 December 2021 | 4 replies
This will be a rental, low to average cost neighborhood.
Michael Frabotta
Analyzing Rental Properties
9 December 2021 | 4 replies
They are dictated by the immediate rental rates of the immediate area, and NOT some general average which includes properties that are not the same size and out of the micro-market formed by these comps.
Jhoana Olarte
Houston Real Estate Highlights in November Single-family home sal
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
Ken Sanders
Bitcoin-Rich, Income-Poor — Mortgage Still Possible?
5 January 2022 | 6 replies
Despite the volatility, I’ve averaged about a 200% annualized return on my Bitcoin over the last 9 years, so I definitely don’t want to trade it for another asset AND be taxed on it.
Michael Taylor
Determining Multifamily ARV before purchase
15 December 2021 | 14 replies
Also try looking at tri and duplexes in the area and seeing what the average Price per unit is.