All Forum Posts by: Kalen Jordan

Originally posted by @Art Perkitny:

@Kalen Jordan

The American Community Survey provides vacancy data every year at granularities ranging from the state level all the way down to block groups, which are much smaller than neighborhoods. Using this data you can impute neighborhood rental vacancy rates using various geo-statistical methods. 

Here is an example for a part of Cleveland using block group

The 2nd image shows the vacancy rate at the neighborhood level. I used block group data to impute these values. 

Hope this helps! 

Nice thanks! Is that a tool that you're using to pull those maps? 

Gotcha - one of the turnkey providers I talked to (who has inhouse PM) didn't have information on vacancy rates by neighborhood - is that a bit of a bad sign? I think that if I were a PM company I'd certainly want to be able to easily slice my data by neighborhood or other factors.

That's why I'm asking here :) I guess I should have put "for Kansas City" in the subject line though, so that those who are in that market would chime in.

Bit of an odd rant, but does anyone else find it a bit odd that the BP podcast has ads? Since BP is a paid product, you would think they would either have no ads at all or only advertise the BP community.

Ads always dilute the message of a podcast host a little bit, depending on how well-curated they are.

The fundrise ad for example - Brandon says "this is the future of real estate investing" in his own voice. Does he really believe that? (Doubt it...that's generally not the kind of thing they are encouraging people to do in their actual content) So is he just saying that because they're paid to say it? Dilutes their credibility.

Good point - so in that case do you ignore Trulia's crime feature entirely or do you try to only look at certain types of crime (violent?) to get a more accurate signal? 

Using Trulia. Yeah it is technically just outside of the higher crime areas, but in my mind (could be wrong) if you're 4 blocks away from high crime, you're basically in a high crime area.

Here's a zoomed in image. 

Is it possible to get data on vacancy rate by neighborhood?

Curious if this is considered a high crime level for a B+ neighborhood?

Let's say that you house hack with a 3.5% FHA loan, but you don't stay in the house that often (once/week?), because you have another house in the area where your family lives. Is there any guidelines on exactly how often you have to sleep there in order for it to be valid?

Congrats! Do you have before and after pictures?