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13 October 2024 | 0 replies
Here are some areas in Texas and Florida that are currently attractive for real estate investment due to economic growth, population increase, and urban development:In Texas:Austin:Reason: It's a tech hub that continues to attract major companies like Tesla, Oracle, and Apple, driving demand for housing.Opportunities: Residential properties, multifamily units, and commercial real estate.Dallas-Fort Worth:Reason: This is one of the fastest-growing metropolitan areas in the U.S., with a diversified economy and a strong job market.Opportunities: Multifamily developments, long-term rental properties, and flipping projects.Houston:Reason: Known for its oil industry, Houston has diversified its economy into technology, healthcare, and manufacturing.Opportunities: Commercial and industrial real estate investments, as well as residential projects.San Antonio:Reason: It's experiencing continuous infrastructure growth and is more affordable compared to Austin and Dallas.Opportunities: Affordable housing and expanding development projects.In Florida:Orlando:Reason: Orlando’s tourism industry continues to drive growth, alongside its rising status as a tech and medical hub.Opportunities: Short-term rental properties, multifamily developments, and new residential construction.Tampa Bay:Reason: Tampa is experiencing a population boom and is considered one of the best places for job growth in Florida.Opportunities: Waterfront properties, new housing developments, and commercial real estate.Miami:Reason: As an international business hub, Miami is attractive to both investors and high-net-worth individuals looking for luxury real estate.Opportunities: High-end residential and commercial properties, luxury condos, and fix & flip projects.Sarasota:Reason: Known for its beaches and quality of life, Sarasota attracts retirees and families, boosting its real estate market.Opportunities: Residential developments, vacation rentals, and waterfront properties.
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14 October 2024 | 4 replies
It hurts to let the 3.5% rate go but since you're not going to be able to rent that place out in the future I'd take advantage of the equity you have in it and start the investment road you're wanting to go down with a single family.
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15 October 2024 | 3 replies
@Sam Peterson You can utilize different online companies (web, phone apps, etc.) for this but if you're new to REI you could gain traction by making your own.
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21 October 2024 | 3 replies
the first property I purchased was in Cleveland back in 2005 a single family that I purchased for 22k cash and i rehabbed it after work and on weekends this property was in the hood I put 12k in it put a tenant in and sold it for 79k to investor who an real estate agent referred me.
11 October 2024 | 9 replies
Hi all, I want to start investing in multi family rentals.
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14 October 2024 | 1 reply
My confusion is, how far back does people who hold interest go?
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15 October 2024 | 9 replies
I’m about of state investor looking to do BRRRR in Birmingham, AL.
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8 October 2024 | 10 replies
So valuable.Still a few terms in this response I'll need to research to understand them in a more "5th grader" mindset I'm in (vs the legal pro you are!).
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16 October 2024 | 3 replies
Your best investment is in yourself.Consider going to college or learning a trade.Use the funds to invest in something that does not require much time so you can focus on learning.If you do decide to get into real estate, you may want to consider doing a house-hack.It will give you a place to live(potentially saving you a few hundred dollars from paying rent and also giving you training wheels for being a landlord).
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14 October 2024 | 9 replies
Hello,I have a rental property in Highland Park, Dallas, Texas.