30 January 2024 | 68 replies
I could utilize a pm to cut down on work, but I am trying to learn the business.My buy box is extremely small consisting of essentially two suburbs which have taken advantage of flight from the city (due to defund the police) but are still close enough to support benign commutes and have limited land for additional supply while also having rent and home prices which are attainable for people making median household income.There are risks, I live in a decidedly midwestern city with low population growth (but also very few builders).
18 November 2023 | 94 replies
Otherwise, you have added a number of individuals to your household who are unable (physically/legally/emotionally/etc) to pay for their own keep.So if one *really* wants to maximize investment potential, having kids should be pretty far down on the list.
19 October 2024 | 25 replies
There is huge cost leverage in population density: from over 1,000,000 per square mile in a big city to 20,000 in the suburbs or 1500 in a small town, just think about the cost of roads per household.
16 May 2024 | 20 replies
Minimum area household income...2.
31 January 2018 | 51 replies
My intention was to give the apps to all adults in a household if they are interested in the property.
13 September 2019 | 27 replies
It is no surprise when we look at a graph of household income and real estate prices that they roughly match the same trajectory.
13 November 2020 | 215 replies
There are only about <1% of American households that make this much money.
27 January 2019 | 122 replies
Huge difference between SoCal/Austin vs the hood or boonies; and also betwen someone who earns in the Top 1% vs the US average household income which is 1/10th that amount.
22 October 2017 | 110 replies
Of course, but I realize what it actually is; simply a mechanism to replace one of our household incomes.
9 October 2024 | 9 replies
While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.Housing Market: 77008 features a higher percentage of family households (52.39%) and married-couple families (44.77%), suggesting stability and potential for property appreciation.Digital Advertising Demand: Houston Heights apartments (77008): 50,000 average monthly searches.