
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.

7 October 2024 | 12 replies
What might help you for the next attempt is to read (BP's book written by yours truly--The Hands Off Investor), and network (join a community where investors discuss deals, trade advice and observations--coming soon will be Passive Pockets, an offshoot of BiggerPockets which recently acquired the popular passive investing group Left Field Investors).

8 October 2024 | 8 replies
It was around the time of COVID, making it incredibly hard to find reliable tenants.

7 October 2024 | 3 replies
It's awesome to hear that you're growing and learning more every day, thanks to the incredible support and shared wisdom here.

7 October 2024 | 9 replies
The average income in the zip code is about $90k.The population in the 34746 zip code in young (median 38 years) and growing from 53k in 2022 to nearly 60k in 2024.Rent by room is not as popular in this zip code as it is in the 34741 zip code, perhaps reflecting HOA restrictions as well as building configuration.

9 October 2024 | 12 replies
The 2- 4 unit builders are never, ever DSCR constrained, in fact I've seen some incredible DSCR numbers when pricing 2 - 4 unit refis.

8 October 2024 | 3 replies
We've seen some pretty incredible deals here in multifamily, especially with cash offers.

9 October 2024 | 23 replies
I know the midwest is very popular.

8 October 2024 | 13 replies
@Francys Ramirez Detroit is a VERY popular market for OOS investors.Will you be looking to buy/sell for yourself or other investors?

10 October 2024 | 24 replies
Do not renew their lease, and if they dont pay, serve them notice...There might be no reason for the resistance besides being incredibly difficult people who will take all your energy from you.