9 October 2024 | 9 replies
The education and health services sector alone added 23,800 jobs in the past year, reflecting a significant expansion in these industries, particularly in healthcare and social assistance.Proximity to Major Employment Centers: Greater Heights offers convenient access to key employment hubs such as downtown Houston and the Galleria area, which are major attractors for residents due to the short commute and abundant job opportunities.Education: Nearby institutions like University of Houston and Rice University contribute to the area's appeal.Infrastructure Projects: Ongoing developments like the East Blocks Redevelopment and BioHub II at Generation Park enhance local amenities and attractiveness.Investment InsightsGreater Heights Rental Market Trends:Single-Family House Rentals:Median Rent: $1,350 for 1 bedroom, $2,695 for 2 bedrooms, $3,250 for 3 bedrooms, and $6,100 for 4+ bedrooms.Stability in rent prices with modest YoY increases: 2 bedroom rents increased by $195, and 3 bedroom rents by $250.Median Sold Price YoY ComparisonApartment Rentals:1 bedroom apartments saw a YoY increase of $305, 2 bedroom apartments by $667, indicating strong demand for these unit types.Available Rentals:High availability of both house and apartment rentals, indicating a robust market that can support new rental investments.Sales Market Trends:Median Sale Prices:Significant appreciation in home values, particularly in 1-bedroom homes, which saw a 190.7% increase from $215K to $625K.Other bedroom counts also showed positive appreciation, e.g., 2 bedrooms (5.3%), 3 bedrooms (6.5%), 4 bedrooms (17.4%).Market Activity:Increased number of homes for sale and sold, suggesting a dynamic and active real estate market.
12 March 2021 | 74 replies
@Marc Rice - My current investments are 12+ cap and in appreciating B class neighborhoods.
3 March 2021 | 61 replies
Hey @Marc Rice I'd like to see it...Thanks
20 November 2020 | 10 replies
@Marc Rice I’m not in your area but would encourage you to check with your local credit unions.
15 August 2024 | 8 replies
Hey mate,Welcome to the BP forum.You and @Jackelyn Lee are smarty pants heheI quit school at 14 and I'm a two finger pecker typer 🤓My team laughs at me for looking like a Teppanyaki chef throwing rice at someone when I type.Biggest message for you is to always keep the dream alive and to keep pushing forward.There are many unsophisticated folks out there like myself and I'll be cliche and say "if I can do it, anyone can" hehe.What one lacks in talent, has to make up with effort.I've only known one way and that is to put my head through the wall.Many others will just open the door and get to the other side lol.Not me tho ehhhYep, neck is always sore but we keep pushing forward...Wishing you much success with your real estate endeavors 🙏
31 May 2024 | 149 replies
How many people were moving to ArizonaThe biggest mistake people make is they think appreciation is a straight line which it’s not.If it was then everyone would be billionaires.What will happen if you hit a two year dip and rices drop 10% and unemployment goes to 5% and 10% of your properties are vacant / not paying?
9 July 2022 | 218 replies
I rehabbed it and my dad visited to help with parts--whole new kitchen with a built in snack bar, new ceilings (old ones were failling in), new paint and floors, fixed heaters and windows, terraced the hilly yard, etc.
24 February 2021 | 52 replies
@Marc Rice is right, the midwest, specifically Columbus is a great place to invest.
18 April 2024 | 141 replies
Decaf only try to stay off refined sugar and NO white stuff bread rice potato..
18 February 2023 | 34 replies
Poor brokers and sales staff's it looks like lean times might be coming, better stock up on canned tuna, rice, ramen and PB and have some fallback living arraignments.That's hardly any volume, and mainly condos...Good Luck!