Hello friends, I am out of Chicago and looking to invest in a multi family 5+ units. The Chicago market is pretty expensive as well as with the taxes sky rocketing, I feel that there are other markets that are more ...
What's your main driver to invest in one location over another?...here are 3 locations mentioned commonly in the process of selecting an out-of-state market...
Location
Median Income
Me...
This is my first deal underwriting with some help from a friend in the BP community, he has more underwriting experience then I have but I am a beginner.
We reviewed this deal from one of the major brokers as a pote...
The Mid-Year 2019 Central Texas Housing Market Report is out from the Austin Board of REALTORS® (ABoR). Over the first six months of the year, SFR sales are down 1.6% from last in the City of Austin with the median SF...
If you were to prioritize the following list from most important to least in any given time period:
Mortgage ratesCount of Properties for SaleAverage Property Sale PriceAverage Property List PriceAverage Sale to List...
Hello BP Fam! Here are some resources to help you validate your next target market:
1. Population Growth - https://www.census.gov/data/tables.html
2. Job Growth - https://www.bls.gov/
3. Median Household Income Gr...
Has anyone built an affordable ADU? I'm considering building a few on a large piece of land near a local college in San Diego. I'm wondering if I would be able to rent them to college students and what exact amount I ...
A housing bubble is a run-up in housing prices fueled by demand, speculation and exuberance. ... Speculators enter the market, further driving demand. At some point, demand decreases or stagnates at the same time supp...
Is it possible to make money owning your own Property Management Company? I ran some numbers for my local area and it doesn’t seem profitable. Looking at 100 properties at average rent of $650/unit and a 10% manageme...
Here's a neighborhood grade heatmap for Tampa, FL with each neighborhood ranked from A to D.
Some of the data used:
1. Census data - median household income, employment stats, bachelors degree percentages, crime, ...