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8 October 2024 | 5 replies
Also, the LLC does NOT eliminate any personal liability on the next loan application which is a popular selling point by ill informed DSCR brokers on this board (but they rarely mention the higher financing costs that come with financing in a LLC) IMO, proper insurance coverage is a better choice.
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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.
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13 October 2024 | 34 replies
TN wasn’t a choice when I chose so I went with the low property tax, cheap insurance, no income tax, no weather, low maintenance, cheaper and newer inventory location that everyone is moving to.
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11 October 2024 | 12 replies
They often have no choice but to stay and rebuild with insurance money.
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10 October 2024 | 5 replies
Another solid read is "The Millionaire Real Estate Investor" by Gary Keller, which focuses more specifically on real estate strategies.For podcasts, BiggerPockets is extremely popular and a fantastic resource, especially for beginners.
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11 October 2024 | 4 replies
As I have been building my foundational knowledge for investing, I am at the stage where I am also wanting to keep up with the market data that, so I may better understand the specifics of the market of my choice.
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11 October 2024 | 4 replies
As for the single family house I have no choice but to sell it since I am stupid enough to fell for a pig butchering scam.
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10 October 2024 | 2 replies
This strategy has gained popularity because of its potential for building wealth through real estate.
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11 October 2024 | 7 replies
So even popular rent estimate tools seem a little inflated unless you're outpeforming the competition with what youre offering.
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20 October 2024 | 147 replies
So continue to report anyone you see that is just a shill for trying to upvote or popularize a thread.