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16 June 2020 | 19 replies
Since we are in a market that has very low household income (the lowest in the state), we wanted to be sensitive to the demographics of our customer base.
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13 June 2020 | 15 replies
Awesome to hear that you’re thinking about pulling the trigger on a house hack - it’s easily the best financial decision you will ever make if done correctly.A lot of people on BP will tell you that renting by the room is not a sound investment; that you can’t effectively manage multiple strangers in a household; that you’ll relinquish your privacy/sanity/personal space/landlord status etc etc.As someone who lives with 5 roommates (including my wife + 2 dogs) I can tell you that it’s absolutely not the big bad monster that it’s made out to be.Because you have multiple streams of income in a single property, if a tenant flakes, you still have partial coverage of your mortgage payment - not the case in a traditional rental or “luxury” house-hack.
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10 June 2020 | 79 replies
How many people in your household?
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9 June 2020 | 12 replies
The head of house hold (father), the mother and the daughter.
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13 June 2020 | 11 replies
Population growth, job growth, median household income, median home price value, crime stats.6.)
9 June 2020 | 1 reply
Average household value in my state/area is about 750k and I would need to assume a little over 350k of the rest of the mortgage bringing the monthly payment to roughly bout 1500 which is easily doable with my income.
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17 June 2020 | 4 replies
David - National household ownership is around 63% so rentals are 37%.
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22 April 2020 | 2 replies
Every resident should leave behind part of their story and history.Add an inspiration page to the website.Would even be fun to do DIY projects with the resident directly.Offer additional services as needed, including healthcare support, social support, general errands etc.Leverage nursing friends to create a home health care wing of the company.Explore research on the use of therapy animals, and incorporate into services.Create events that promote group interactions across the various tenants within the GNA community.Team sportsRegular cookoutsTeam buildingFind ways to focus on any positive impacts for children in the home.Look into unique tutoring or home schooling business ventures.Provide ride services to ensure kids get to school.Offer daycare services.Create a unique fund matching opportunity to promote investment in an early fund for either graduation or retirement.When a resident is ready to move, offer support in other available properties within the GNA, or moving services to their desired location.Build a department to assist in everything moving related, including processing procedures for personal belongings that may not fit in the new location.Explore the idea of a “Brick and Mortar” operation to deal with accumulation of household items that is an inevitable part of the entire process.
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27 April 2020 | 3 replies
…This is really a protest that’s aimed at the government.”A number of New York-based tenant groups that have had some recent success pushing for rent-related reforms, including the Upstate/Downstate Housing Alliance and New York Communities for Change, called for a statewide strike of 1 million renters earlier this month.About one-third of U.S. households are renters, and nearly half of them were paying more than 30% of their incomes on rent and utilities before the coronavirus pandemic struck, according to the Harvard Joint Center for Housing Studies.
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2 May 2020 | 24 replies
We recently noted that as many as 30% of Americans with home loans – about 15 million households – could stop paying if lockdowns continued through summer.