Kishan Korsapati
Newbie - Philadelphia RE
27 November 2024 | 1 reply
Fundamentals change neighborhood to neighborhood (i.e. appreciation potential), inventory/absorption issues may exist, rogue city council members and/or registered community organizations can make neighborhoods less appealing with little oversight which impacts value and marketability.
Trenton Miller
How to Financially Analyze Unimproved Land for Tract Home Development
21 November 2024 | 4 replies
Do you have a go-to process for researching comparable properties or absorption rates?
Scott Trench
Purchasing a small Office Building
22 November 2024 | 13 replies
And, that this return to office will manifest itself first in suburban areas with relatively less competition and shorter commutes for local workers, and that re-absorption of inventory will take a lot of time in urban areas with tons of vacancies.
Adam Bartomeo
Cape Coral / Ft. Myers / SWFL Market Update Nov 2024
26 November 2024 | 3 replies
And anytime you have that cheap of lots that are buildable you can get a building boom that will far surpass normal absorption liike what we are seeing now or saw what 3 years ago or so.. builders / GCs taking on 50 jobs at once with no hope of ever being able to deliver simply not enough subs and such to keep up.
Mitchell Gunlock
How do I budget time
13 November 2024 | 5 replies
Agents may also have macro data on historical data, local median sale prices, absorption rate, etc to help with your analyses and projections.Networking/build a team: Attend local meetups, virtual meetups and stay active on forums like this.A lot of this will be done in front of a PC unfortunately but if you cut out the noise, you'll be able to maximize your time.Lastly, something that has helped me tremendously with respect to focus and improving efficiency is the pommodor technique.
Nathan Gesner
Are rents dropping in your market? You are not alone.
24 November 2024 | 25 replies
I think it will meet long-term demand since new construction starts in the past 1-3 years have dropped off a cliff, so new supply coming onto the market from 2025-2028 will be significantly lower and allow for absorption of everything and most likely we'll start to see organic rent growth again in the 2-8% range as we saw in 2016-2020.
Isadore Nelson
Rental Demand Philidelphia?
11 November 2024 | 20 replies
The neighborhood has some of the most prohibitive zoning and strong demand, exactly the combination that leads to good absorption.
Keegan Felix
Full time working mom of 3 in my 40's with 8K to invest
22 November 2024 | 20 replies
.)- Average days on market- Absorption rate- Historical data on rents and sale prices in the area- Population growth- Main economic drivers (industries, individual companies, etc.)- Crime stats... if you know specific zip codes/submarkets that you'd like to target, the best data will come from local precincts. - and more..I'd recommend remaining active not only here on BiggerPockets, but in other valuable RE investment networks that you can find - i.e. local meetups (meetup.com, eventbrite, BP local events).
Kent Ford
Why Do You Think Texas is a Hotspot for New Real Estate Businesses?
6 November 2024 | 34 replies
Austin is still in the top 3 markets for apartment absorption rate, it's just that we added 60,000 new units in 2 years, so it will take a few years to get the supply and demand balance in check.
Mostafa Koperly
Mixed use lot financing
23 October 2024 | 7 replies
Also please consider: location, local market and absorption rate, vacancy rates, etc.