29 September 2020 | 2 replies
(Forbes)Lower business & lifestyle costs than others.Amazingly affordable real estate for investment.Single-family, duplexes, fourplexes.3-year appreciation forecast of 9.1%.Around 45% of the residents are renters.The growing fuels the rental demand.San Antonio is also known for its low cost of living.Closed sales increased by 14 percent year-over-year.Compared to June 2019, San Antonio's average price of a home increased by 3%.Year-to-date, the average price has shown an increase of 5% to $278,395.In a year-to-date, year-over-year comparison, Bexar County faired well compared to Travis (-10.7%) Harris (-4.9%) and Dallas County (-6.8%.)Each of these counties indicates a decrease while Bexar county shows a promising a 3.4% increase.As predicted, June has shown to be a strong buying season.
29 September 2020 | 3 replies
if so, calculate how much it cash flows, add to that the new property cash flow, how does it look compared to if you sell?
8 December 2020 | 9 replies
My focus on real estate is value add and equity more so compared to cash flow since I am still working.
30 September 2020 | 3 replies
Iowa City is expensive when compared to Cedar Rapids which is 30 minutes North.
29 September 2020 | 4 replies
Steven Torres - So is this market more demanding for direct sales compared to rental?
30 September 2020 | 6 replies
This is a get out of jail free card for dishonest tenants.The only out for landlords is to sell and have the new owner move in, forcing an eviction.There's a good Times article about how small-time investors cannot be compared apples to apples with corporations/wealthy investors - and how moratoriums are hurting small landlords which is generally bad for affordable housing (strapped landlords will be forced to sell) - but I'm not sure if linking articles is allowed here.
30 September 2020 | 15 replies
You may avoid the taxes if you deposit the funds in an eligible retirement plan (which includes anIRA) within "3 years and a day" of the date of the COVID-19 distribution (note: compare to a 60-day rollover).
3 October 2020 | 38 replies
I would call and ask for an explanation of the charges on the settlement statement before you call around, so at least you will compare applies to applies.
29 September 2020 | 5 replies
Leah Sykes at Greenspoon Marder and Sia Rezvani / Jeff Bennett at Warren Allen do Landlord Law almost exclusively.It's kinda specialized compared to regular RE law (more litigation), but I can recommend all 3.Call quick, they're all busier than h***.
4 October 2020 | 2 replies
If you aren't exactly sure on your criteria and want to explore, it's best to at least set a broad criteria in markets so you can compare between markets to see which one best suits you.An example: I'm interested in small multifamily investing so I will target markets which have a surplus of small multifamily properties to start off.