The recent Federal Reserve meeting has sparked much discussion, particularly around the rate changes. It's essential to understand the broader context of these adjustments and their implications. Here’s an analysis of...
Hey all,Very excited to be making my first post here on BP!I am a finance and accounting professional from Los Angeles looking to diversify my investment portfolio through real estate. My primary goal is long-term app...
A friend recently asked me to compare two Houston zip codes, 77008 and 77063, from an investment perspective.
Now, I'm a big fan of Texas but the first thing I said to him was the weather is HORRENDOUS. Anything simi...
I heard that you should be following the rules below when investing in Indianapolis:High Income is good for Fix and Flip but not Cash Flow.Rule 1: Household Median Income should be between 40-70K. As you go higher, yo...
Hey everyone! Alessandro here (you can call me Alex)—I'm Italian, currently living in Manhattan. NYC isn't what it used to be and I decided it's not worth to stay here for the next 6-12 months—so I decided to move som...
I thought others may be interested in this:
Millionaire Rule 1.49
//Quote
I have found that when millionaires made their first home purchase, the ratio of the purchase price over their annual household income was ...
My friends, the real estate market in Atlanta remains on a roll, with median home sales prices up 20.3% (June 2021 vs July 2022).
While inflation and interest rates are sure to effect real estate sales nationally...
I’m considering a 20-unit multifamily property listed at $1.6M, but the seller has indicated they’re willing to accept $1.25M. Here's a breakdown of the situation:
Current Occupancy: 80% (16/20 units occupied).Curren...
We have an opportunity to purchase a 28 unit storage facility. 18 of 28 units are occupied. Fully rented, this will gross $2790/mo ($33,480/year).CostsTaxes $6307 yearInsurance $1450 yearUtilities $600 yearManagemen...
TWC just released the latest stats which is for July. The unemployment is the same as it was last month at 3.1% which is still number one for Texas. From last month to this month the cumulative labor force expanded by...