12 February 2020 | 1 reply
Single-family home sales jumped 14.3 percent year-over-year, with 4,699 units sold, marking the seventh consecutive month of positive sales;Days on Market (DOM) for single-family homes extended slightly from 66 to 68 days;Total property sales surged 15.2 percent, with 5,800 units sold;Total dollar volume rose 17.1 percent to about $1.6 billion;The single-family home median price increased 4.5 percent to $234,000, reaching a January high;The single-family home average price climbed 4.6 percent to a January high of $291,034;Single-family homes months of inventory was at a 3.5-months supply, down fractionally from 3.6 months last January but above the national inventory level of 3.0 months;Townhome/condominium sales jumped for a second straight month – up 20.9 percent, with the average price down 3.5 percent to $186,582 and the median price down 5.2 percent to $149,750;Lease properties experienced a strong performance, as single-family home rentals climbed 14.5 percent with the average rent up 1.7 percent to $1,782;Volume of townhome/condominium leases rose 5.6 percent with the average rent up 5.9 percent to $1,598.
13 February 2020 | 2 replies
If payments are not on time or there are issues, there will be discrepancies.You really should be within a few dollars of what the amortization schedule says.
16 April 2020 | 5 replies
My contractors' system has saved me many thousands of dollars and stress over the years.My son and I have contracted for several million dollars with contractors and subs, it ain't easy keeping up with them, material, labor licensing etc.
9 December 2020 | 19 replies
Most of my clients who house hack do areas that are gentrifying early/mid way that way you have a lot of upside in appreciation/rent growth.
13 February 2020 | 2 replies
pid=1697Houston Real Estate Highlights in January:-Single-family home sales jumped 14.3 percent year-over-year, with 4,699 units sold, marking the seventh consecutive month of positive sales;-Days on Market (DOM) for single-family homes extended slightly from 66 to 68 days;-Total property sales surged 15.2 percent, with 5,800 units sold;-Total dollar volume rose 17.1 percent to about $1.6 billion;-The single-family home median price increased 4.5 percent to $234,000, reaching a January high;-The single-family home average price climbed 4.6 percent to a January high of $291,034;-Single-family homes months of inventory was at a 3.5-months supply, down fractionally from 3.6 months last January but above the national inventory level of 3.0 months;-Townhome/condominium sales jumped for a second straight month – up 20.9 percent, with the average price down 3.5 percent to $186,582 and the median price down 5.2 percent to $149,750;-Lease properties experienced a strong performance, as single-family home rentals climbed 14.5 percent with the average rent up 1.7 percent to $1,782;-Volume of townhome/condominium leases rose 5.6 percent with the average rent up 5.9 percent to $1,598.
13 February 2020 | 4 replies
*Buyer's agents usually do not cost you a dollar!
12 February 2020 | 1 reply
Because I THOUGHT that I was many years away from my goal of trading each up in to the much more favorable $1M multifamily loan space (and higher cash flow per dollar invested because of that).
13 February 2020 | 8 replies
Hi @Phuong Le, a few thoughts for you:1) How about pricing out the service that your GC is offering with other GC’s so that you can get a sense of what the dollar value of the service is.
13 February 2020 | 5 replies
Dear BP family,I have a million dollar question.How can I find a good, honest and inexpensive contractor?