Trulia com
HomeOwners & Investors
2008.06.11 11:41 kleinbl00 HomeOwners & Investors
real estate investing landlords landlord borrowing lending mortgages foreclosure loan houses house apartment financing loans buying a house foreclosures foreclosure forbearance home buying homebuying first time homebuyer
2012.08.30 05:56 toothball Real Estate Listings
Have you seen a property and want to talk about it? See anything that you would like to share with another Redditor? Property that is too rich for your blood, but might be good for another? Post it here, with the Location and Cross Streets, and a link to the listing, and your thoughts on the property. Note: Reddit does not, in its self, represent any of these properties, nor do its admins/moderators. The opinions of these properties belong to those who submit them.
2013.07.24 08:36 AANDREAS Florida Real Estate
**A forum for everything real estate in the state of Florida.** Also a resource for agents, brokers and other real estate professionals. Promoting your business is allowed, as long as it's related to Florida real estate and as long as you are adding value to the community. *Spammers will be banned*. **
2023.03.26 19:21 MarletteLake What's with all the residential rentals with no heating?
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memphis [link] [comments]
2023.03.25 06:55 Champagnekissess Hi, I’m looking for an apartment 1-2 bedroom that takes vouchers. Cannot be in Brooklyn.
I’m in a domestic violence shelter which Is why Brooklyn is off limits my child’s father lives & works in that borough. I was given a voucher - I lost my job due to dv & I’m really looking to move asap. I do have an 8 year old. Can anyone help 😩 I’ve been applying to housing connect even nycha under DV & nothing so far I’m hitting dead ends on apartments.com, trulia etc. thank you I’m advance.
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NYCapartments [link] [comments]
2023.03.24 19:48 JustBoatTrash Buy-or-Rent Premium Is Highest Since 2006 Housing Bubble
https://www.bloomberg.com/news/articles/2023-03-24/should-i-buy-a-home-mortgage-premium-vs-renting-is-highest-since-2006 The buy-to-rent premium hasn’t been this big since 2006, at the peak of the housing bubble.
With mortgage rates high and home prices still elevated, the monthly payment for a newly purchased home — assuming a 10% down payment and a 30-year fixed rate mortgage — was $1,176 more than renting an apartment at the end 2022, according to an analysis from the National Multifamily Housing Council, a trade group that represents owners of professionally managed rental buildings.
The cost of homeownership has surged 71% over the past three years, or an average of about 20% per year, compared to average annual rent growth of 6.3% over the same period. As a result, the premium owners pay over renters is now wider than it’s been since third quarter of 2006, the report said.
US housing costs surged in the pandemic. Buyers struggled to find affordable properties in a frothy housing market marked by bidding wars and cash offers and renters faced higher costs across the US. Now, things have cooled down a bit.
Still, there’s limited inventory available and mortgage rates remain high despite slipping slightly in recent weeks.
https://www.cnbc.com/2022/07/19/should-you-rent-or-buy-a-home-use-this-rule-to-avoid-financial-regret-says-real-estate-investor.html If you have the cash for a down payment on a luxury home and want to avoid economic waste, buy and live in a property only if you'd be willing to pay its fair market rent.
If you want to go luxury but don't have the down payment, you can rest easy as a renter knowing that you're getting a better deal on your rented home or apartment than its owner is.
Savvy real estate investors often pay no more than 100 times the monthly rent to purchase a property. In the case of the couple above, an investor following the 100 times monthly rent rule wouldn't pay more than $750,000 because the monthly market rent was $7,500.
Spending $7,500 per month ($90,000 a year) on rent may sound expensive, but paying $7,500 a month in rent is actually relatively good value, since you'd have needed to spend roughly 360 times the monthly rent to buy that house at its market price of about $2.7 million at the time.
https://www.investopedia.com/terms/p/price-to-rent-ratio.asp The price-to-rent ratio is used as an indicator for whether housing markets are fairly valued, or in a bubble. The dramatic increase in the ratio leading up to the 2008-2009 housing market crash was, with hindsight, a red flag for the housing bubble. Trulia produces a price-to-rent ratio called the Trulia Rent Versus Buy Index, which compares the total costs of homeownership with the total cost of renting a similar property.
The total cost of homeownership factors in mortgage principal and interest, property taxes, insurance, closing costs, homeowners association (HOA), mortgage insurance, and tax advantages, such as the mortgage interest deduction.
Trulia established thresholds for the ratios as follows: a price-to-rent ratio of 1 to 15 indicates it is much better to buy than rent; a price-to-rent ratio of 16 to 20 indicates it is typically better to rent than buy, and a price-to-rent ratio of 21 or more indicates it is much better to rent than buy.
https://www.nerdwallet.com/mortgages/rent-vs-buy-calculator submitted by
JustBoatTrash to
REBubble [link] [comments]
2023.03.21 11:30 isevapnarg Are apartment complex as good as you see in the ads or as bad as you see in the reviews?
I am considering moving from Europe to Los Angeles (specifically Woodland Hills), and while the long visa/employment/etc thing is being taken care of, I started looking at places to rent (
apartments.com, zillow, trulia). I don't have a realistic budget in mind as I never practically lived in the us; I did my research so I know rent prices, salary, cost of living, possible expenses, but it's all theory on a computer screen! I noticed that at around ~2300$ to ~2500$ monthly rent I can find some apartments in complexes that look satisfying, while lower than that I see places that I don't really find attractive to live in (again, it's all behind a computer screen but that's not the point).
My question is: how are in reality those complexes? On the listings they look nice, clean, full of amenities, etc; on the reviews online (regardless of the rent prices and how "more fashionable" it looks) I read about roaches, dirty water, people being pointed a gun at, people suddenly having their rent raised, and so on. I myself visited a colleague of mine that lives in a rather expensive complex and thought it was quite nice, but reviews on it are as bad as every other one. (he has been living there for six months and never experienced anything as bad as the reviews mention, but it's also a short time).
TL;DR: looking for apartments complexes in Woodand Hills on a 2300/2500$ budget, are the scary reviews online true?
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AskLosAngeles [link] [comments]
2023.03.17 03:12 oddstar111 Leasing Manager (who is also a realtor on the side) is asking for Brokerage commission
My husband and I are trying to lease a property in NJ, USA. Here is a timeline for the events:
March 1: My husband looks up properties in the preferred zip code and send inquiries to 2-3 properties within the area using websites such as rent.com, trulia.com. None of the agents respond (neither via text, phone call or email).
March 2: I contact the leasing office of an apartment building that I am interested in, and take an appointment to visit the property on March 6. I use my contact (name, email, phone number) to make the appointment.
March 6: My husband and I visit the property and the leasing manager (Let’s call her D) shows us the property. I ask what would be the charges due, and I am told of the 1.5 month deposit and application fee. No brokerage fee is mentioned.
March 09: We apply for the apartment by paying a $100 fee (50 and 50 for my husband and me).
March 10: Lease is created. The charges listed are: rent, deposit, application fee, one time annual recreation fee. No brokerage is mentioned on the lease. My husband and I sign the lease.
March 15: The leasing manager (D) who also happens to be a realtor with a broker firm reaches out to me and asks for a one month brokerage fee. I inquire if this is standard practice for all the tenants renting with the property and why was I not told of this fee earlier - neither on the lease. She tells me that one of the inquiries that my husband made on March 1 had landed on her inbox - which means we have to now pay the brokerage fee to the realtor that she represents. The only evidence that she is able to share is the one inquiry form with my husbands email address in her email.
I will note, she or anyone from this realtor service never reached out to my husband via email, or phone after the inquiry was raised. I called the leasing office and scheduled the viewing directly. The realtors did not provide us with any service at all.
I denied paying brokerage fee as no service was taken and no written evidence was furnished.
March 16: The lease is signed by the regional head (D’s boss) as is. The lease is executed. However, D reaches out via email again inquiring about our interest on the property else she will show it to someone else. I let her know that the lease was executed and that I don’t intend to pay the brokerage because no services were solicited.
As far as I understand D is just trying to take advantage of the situation by matching my husbands name to something that she found on her database (which btw anyone can fill for anyone). I booked the appointment under my name directly with the leasing office. This appears to be a conflict of interest.
Question: Does D have any basis to ask me for brokerage or are we good? Can she create problems for us when we move to the property because she is also leasing manager?
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oddstar111 to
Renters [link] [comments]
2023.03.17 02:03 oddstar111 Leasing Manager asking for Brokerage Fee
My husband and I are trying to lease a property in NJ, USA. Here is a timeline for the events:
March 1: My husband looks up properties in the preferred zip code and send inquiries to 2-3 properties within the area using websites such as rent.com, trulia.com. None of the agents respond (neither via text, phone call or email).
March 2: I contact the leasing office of an apartment building that I am interested in, and take an appointment to visit the property on March 6. I use my contact (name, email, phone number) to make the appointment.
March 6: My husband and I visit the property and the leasing manager (Let’s call her D) shows us the property. I ask what would be the charges due, and I am told of the 1.5 month deposit and application fee. No brokerage fee is mentioned.
March 09: We apply for the apartment by paying a $100 fee (50 and 50 for my husband and me).
March 10: Lease is created. The charges listed are: rent, deposit, application fee, one time annual recreation fee. No brokerage is mentioned on the lease. My husband and I sign the lease.
March 15: The leasing manager (D) who also happens to be a realtor with a broker firm reaches out to me and asks for a one month brokerage fee. I inquire if this is standard practice for all the tenants renting with the property and why was I not told of this fee earlier - neither on the lease. She tells me that one of the inquiries that my husband made on March 1 had landed on her inbox - which means we have to now pay the brokerage fee to the realtor that she represents. The only evidence that she is able to share is the one inquiry form with my husbands email address in her email.
I will note, she or anyone from this realtor service never reached out to my husband via email, or phone after the inquiry was raised. I called the leasing office and scheduled the viewing directly. The realtors did not provide us with any service at all.
I denied paying brokerage fee as no service was taken and no written evidence was furnished.
March 16: The lease is signed by the regional head (D’s boss) as is. The lease is executed. However, D reaches out via email again inquiring about our interest on the property else she will show it to someone else. I let her know that the lease was executed and that I don’t intend to pay the brokerage because no services were solicited.
As far as I understand D is just trying to take advantage of the situation by matching my husbands name to something that she found on her database (which btw anyone can fill for anyone). I booked the appointment under my name directly with the leasing office. This appears to be a conflict of interest.
Question: Does D have any basis to ask me for brokerage or are we good? Can she create problems for us when we move to the property because she is also leasing manager?
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oddstar111 to
legaladvice [link] [comments]
2023.03.17 01:55 gentletears Seems like a scam, just need validation.
I’m looking for an apartment and need to move soon due to unfortunate circumstances. I found a place online and the more I look into it the more and more I think it’s just a scam. The application fee is cash only. The listing was on a bunch of sites: •Homes.com •Zillow •Trulia •Compass •MLS Some photos have a crisnet watermark others do not. The original company I was able to trace connected to it has awful yelp reviews but a decent BBB rating and the realty company I found connected to it also has really bad reviews online.
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Scams [link] [comments]
2023.03.13 23:56 ad-lapidem Best calculator for affordability estimates (US)
I am looking for a ballpark figure of how much home I can afford in Northern Virginia, but online calculators give me a pretty wide range of estimates. I always use the same inputs for consistency, along the lines of the following:
- $95K pretax income
- $300K of savings of which I would put $225K toward a down payment plus $25K closing and moving costs
- $0 debt or other obligations
- 30y fixed mortgage at 6% for simplicity (yes, I know this rate is unrealistic now)
- $0 HOA/condo fee (for consistency)
- $800 homeowners insurance (based on Redfin-reported local average)
- 1.05% property tax rate
- Debt-to-income ratio of 36%, up to 36% of gross income
- Credit score 805-815
The online calculators, in response:
- BankRate $515K
- Redfin $522K
- Intuit Mint $546K
- Trulia $579K
- NerdWallet $591K
- Wells Fargo $596K
- Zillow $601K (don't they own Trulia?!)
- LendingTree $601K
- Freddie Mac $612K
- Chase $620K
- Money.com $930K
BankRate and Redfin come in low because they limit your payment to 28% of income, so we ignore those; it's a HCOL area and unrealistic. Money.com is obviously some other kind of outlier to ignore. That still leaves an almost $75k difference between what Mint suggests and what Chase suggests, however.
I live relatively austerely, but I work in a volatile industry and being able to continue to save is important to me, so I want to target the right price range this year, after many years of frustration.
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FirstTimeHomeBuyer [link] [comments]
2023.03.09 21:00 sophiebabyAK looking for apartments is ROUGH right now, help :,)
hi! i’m currently making my way back to alaska after living in LA for a few years and i’m having such a hard time trying to lock in an apartment.
I’m looking to move in Mid-April and it seems like nothing is available for april, ridiculously overpriced, or is a shoebox.
i’ve been checking Zillow, Apartments.com, Trulia, and facebook marketplace religiously. Is there any other sites i’m missing?
any tips/tricks would be greatly appreciated.
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2023.03.05 03:22 Chaosboss22 Mookey “Draco” music video location leaked
2023.03.02 22:57 stone122112 Best sites to find rooms for rent?
I’ve always thought the go-to ones were C.L. & Marketplace, but do many ppl use other ones like Trulia, Zillow or Zumper? You can’t list rooms on Westside Rentals/Apartments.com
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LARentals [link] [comments]
2023.03.01 23:36 LandscapeEuphoric325 Find a Long Term Rental in Winter Park, Colorado
| I can suggest some websites where you can search for long-term rentals in Winter Park, Colorado: https://preview.redd.it/0q4oimn9g7la1.jpg?width=474&format=pjpg&auto=webp&s=f858d3166a4838f805b98b62966dcfcf5df73d42 - Zillow.com : Zillow is a popular real estate website that lists a wide range of long-term rental properties in Winter Park, Colorado.
- Apartments.com : Apartments.com is another website that lists rental properties in Winter Park, including apartments, houses, and condos.
- Craigslist.org : Craigslist is a classified advertisements website where you can find long-term rentals in Winter Park, Colorado.
- Trulia.com : Trulia is a real estate website that lists properties for sale and rent, including long-term rentals in Winter Park.
- Realtor.com : Realtor.com is a website that lists properties for sale and rent, including long-term rentals in Winter Park, Colorado.
- workingrand.com : workingrand.com is a website that lists properties for employee housing including long-term rentals in Winter Park, Colorado.
It's always recommended to work with a licensed real estate agent who can help you find the best long-term rental properties that meet your specific needs and budget. submitted by LandscapeEuphoric325 to u/LandscapeEuphoric325 [link] [comments] |
2023.02.28 14:02 dakshadesignmohali 5 Key Elements of a Successful Real Estate Website Design: Tips and Examples
| As a real estate agent, your website is your digital storefront. It’s the first thing potential clients see when searching for properties or real estate services. In today’s digital age, a successful real estate website design is more important than ever. A well-designed website can attract more clients, increase engagement, and ultimately drive more sales. https://preview.redd.it/ucgoignugxka1.jpg?width=561&format=pjpg&auto=webp&s=54f8716070ddbf82df06a438dfb6a189556109c4 But what makes a real estate website successful? In this article, we’ll explore the five key elements of a successful real estate website design, along with tips and examples to help you create a website that stands out from the competition. Discover the secrets of creating a successful real estate website design and watch your sales skyrocket! Keep It Simple and Easy to Navigate When it comes to website design, simplicity is key. Your website should be easy to navigate, with clear and concise information that’s easy to find. A cluttered website can overwhelm potential clients, causing them to leave your site and look for information elsewhere. Tip: Keep your website design simple, with a clear navigation menu and intuitive page layouts. Use headings and subheadings to break up text and make it easier to read. Example: Zillow.com is a great example of a simple and easy-to-navigate real estate website. The homepage features a clear search bar, with options to search by location, price range, and property type. The navigation menu is straightforward, with links to popular pages like “Buy,” “Rent,” and “Mortgages.” Use High-Quality Visuals In real estate, visuals are everything. High-quality photos and videos can make your properties stand out from the competition and give potential clients a better idea of what to expect. A website with poor-quality visuals can make your properties look unappealing and turn potential clients away. Tip: Use high-quality photos and videos throughout your website, including on property listings and homepage banners. Make sure images are optimized for web use to ensure fast loading times. Example: Redfin.com is known for its stunning property photos. The website features large, high-quality images on property listings, with the option to view a full-screen slideshow. The homepage also features a visually appealing banner, with a large hero image and search bar. Provide Useful and Relevant Content In addition to property listings, your website should also provide useful and relevant content for potential clients. This can include blog posts, neighborhood guides, and real estate news. Providing valuable content can establish you as a thought leader in the industry and keep potential clients engaged with your brand. Tip: Create a blog or resource center on your website, where you can share helpful tips and advice for potential clients. Use data and insights to create original content that stands out from the competition. Example: Realtor.com is a great example of a website that provides useful and relevant content for potential clients. The website features a “News & Insights” section, where users can read articles on real estate trends, home buying tips, and more. The site also has a “Neighborhoods” section, where users can learn about different areas and search for properties in specific neighborhoods. Optimize for Search Engines Search engine optimization (SEO) is crucial for any website, including real estate websites. By optimizing your website for search engines, you can improve your visibility online and attract more potential clients to your site. This can lead to more leads and sales for your real estate business. Tip: Use relevant keywords throughout your website, including in page titles, descriptions, and content. Use meta tags and alt tags on images to improve visibility in search results. Focus on creating high-quality, useful content that’s optimized for keywords and provides value for users. Example: ColdwellBankerHomes.com is a great example of a website that’s optimized for search engines. The website uses relevant keywords throughout, including in page titles and descriptions, and also includes a blog with optimized content. The site also uses meta tags and alt tags on images to improve search engine visibility. Make it Mobile-Friendly More and more people are accessing the internet through mobile devices, making it crucial for your website to be mobile-friendly. A mobile-friendly website will provide a better user experience for potential clients and can also improve your search engine rankings. Tip: Use responsive design to ensure your website looks great on all devices, including desktops, tablets, and mobile phones. Use large buttons and clear calls-to-action to make it easy for users to navigate your site on a mobile device. Example: Trulia.com is a great example of a mobile-friendly real estate website. The website uses responsive design to adjust to different screen sizes, and includes large buttons and clear calls-to-action for easy navigation on a mobile device. Creating a successful real estate website design requires a combination of simplicity, high-quality visuals, useful content, search engine optimization, and mobile-friendliness. By focusing on these key elements, you can create a website that attracts potential clients, engages them with your brand, and ultimately drives more sales for your real estate business. Remember, your website is your digital storefront. Invest in creating a website that reflects the quality and professionalism of your real estate business, and watch your sales skyrocket! While designing a successful real estate website can seem daunting, there are companies that specialize in this area. One such company is Daksha Design, a leading real estate website design company that provides high-quality website design services to real estate businesses. Daksha Design has a team of experienced designers who specialize in creating stunning and functional real estate websites. They understand the unique needs of the real estate industry and work closely with clients to create websites that meet their specific requirements. Their services include everything from website design and development to search engine optimization and content creation. With their help, you can create a website that stands out from the competition and attracts more potential clients to your real estate business. Conclusion In conclusion, if you’re looking for the best real estate website design company, look no further than Daksha Design. With their expertise and experience, they can help you create a website that reflects the quality and professionalism of your real estate business and ultimately drives more sales. submitted by dakshadesignmohali to u/dakshadesignmohali [link] [comments] |
2023.02.22 06:06 MattKellyRealtor Your Ultimate Guide To Renting In The Greater Augusta Area/CSRA!
Good evening Reddit! I have been getting quite a few messages about rental properties and have been seeing an even larger influx of posts asking about rental properties here in the area so I have spent a little time compiling my thoughts and advice on the matter from location, expectations, explanations, and how you can help secure a property faster!
\*** If you are currently in a domestic violence situation, your computephone may be monitored!*
Please call SafeHomes of Augusta 706-736-2499
or
The Cumbee Center for Aiken/Barnwell 803-649-0480 and exit this post immediately. \**\**
Location, Location, Location!
First let's talk about about different locations and why they may make an ideal place for you to consider! Let's go North to South!
North/Northwest Columbia County/Thomson (Appling, Grovetown, Harlem): Are you working on base at Ft. Gordon? How about Amazon, John Deere, Serta, etc? This is a great start. You are going to find a TON of single family homes or town homes available to you but do not expect a lot of walking to your favorite coffee shop, this is a suburban as it gets. You should also expect traffic work and density to increase the closer you are to I20! Many properties are going to be standard .33 acres with moderate backyards with the exceptions of the townhouses. You can find more brick ranch 3 bedroom style homes with potentially a little more space in Harlem and Appling but those will be far and few between. You will find your cheapest rental rates here. My boaters/fishers will love your short drive to Clarks Hill Lake!
South Columbia County Evans/Martinez: Tons of small business and the original suburb of Augusta. You will hear many people call this part of town a "sleeper community" because most work OUTSIDE of their borders. This is because you can really find yourself able to reach any part of Greater Augusta within a 20-30 minute commute; and that commute decreases to closer you are to Washington Road or 520 (Bobby Jones Expressway). You will find a ton of homes built in the 1970's and up that have various lot sizes and neighborhood styles. You also have smaller townhouse communities littered throughout but be prepared to pay a more expensive rent the closer you are to Evans Town Center. There are currently multiple market-rate apartment complexes being built out around the area as well. You should note that Columbia County has a great variety of well maintained parks throughout the county, but the mac daddy of them all is going to be located around the Lady A Amphitheater. Come and find me at the dog park sometimes I need friends.
Don't miss out on taking advantage of the Savannah River Rapids park as well! Great for all outdoor enthusiasts!
OVER TO SOUTH CAROLINA! Aiken/Edgefield/Graniteville/North Augusta: Bridgestone, Horses, Baseball, and the Greenway!
This region really excites me and for good reason. Aiken hosts a ton of small business and has developed a really cool downtown. It is a good 30 minute drive to downtown Augusta but I find it very pleasant. You are going to fit in these regions whether you are a young pro, travel nurse, or maybe a student at Aiken Tech. North Augusta is JUST across the river and you will find a really cool city center as well as the new SRP Park. Many people love the Ironwood, or Clubhouse apartments as well as the Landings but be prepared to pay some of the highest rent in the region, the view is kinda killer though. You will find town houses spread throughout but there are a ton of ranch and craftsmen style homes throughout Aiken and North Augusta and less so in Edgefield (similar to Grovetown) and Graniteville (similar to Harlem).
BACK ACROSS THE RIVER! WEST Augusta/Richmond County:
Tons of brick ranch homes and townhome communities as well as a bunch of established apartment complexes like Alexander Commons and Rockbrook. This area nestles up next to Martinez, and it the western gate to the city of Augusta. Neighborhoods like Montclair, West Vineland, National Hills, Country Club Hills, Summerville, Sand hills, Pendleton King, and all the communities off Boy Scout Road offer tons of properties for family and friends of all sizes but prepare for a lack of anything new. This is a very established and developed region so you will find many homes built in the early 1900's! You have some great parks and can find yourself in very close proximity to Augusta University as well as a plethora of small business. Walk-ability is not great with the exception of the Summerville area but rent will become quite expensive in that particular region. The close you are to Riverwatch Parkway, the closer you will be to some of the other entrances to the always fun Augusta Canal! This area is perfect for young pros, students at AU, or anyone who enjoys the downtown lifestyle but may want a little more yard!
Downtown Augusta:
Contrary to what you may read, I have heard great things from actual residents of the downtown/Oldetown area. Walk-ability is great and you have a ton of culture and thriving small businesses opening up shop every month. You will hear that this a "food desert' and there is no way of polishing that turd, you simply will need to check out local farmers markets or drive to the Food Lion on Wrighstboro or the Publix in North Augusta. You will find 3 of the regions 6 hospitals here including AU Health aka the Medical College of Georgia. Young pros, Vogtle, SRS, and students will find a lot to love about the downtown area, and you to all my extroverts, this is your playground.Rent will increase based on the square footage you are looking for as well as your proximity to Broad, Greene, Telfair or the Savannah River itself (Looking at you giant pink building. BRING BACK FORT DISCOVERY!)
South Augusta (Hephzibah, Keysville, Blythe):
All my tradespeople let me see your hands. Tons of brick ranch homes, tons of space for pets, and tons of industry. You will enjoy your commute to alot of the plants around the areas. Walk-ability is poor but you can find yourself in the heart of Augusta or Martinez rather quickly depending on your proximity to Bobby Jones Expressway. If you find yourself traveling, the Augusta Regional Airport is a stones throw away! To all my military and military contractors, you are going to enjoy your 10-15 minute commute to Ft. Gordon! If you made it this far, you will see on Reddit and many other local boards that this is a crime-riddled region. As a local of 29 years, I'd encourage you to contact the Richmond County Board of Education for all your information on demographics and crime in any area you are considering. You may be surprised at what the data tells you ;) .
How Do I Save Time and Money When Looking For A Rental?
Between application fees, housing scarcity, lack of incentives for affordable housing, and real estate agents not giving a flying &%#! if you call about a rental, I sympathize with you but lets put a little bit of it all into context and how you can improve your situation.
First, understand that YOU renting a property will only benefit one to three people. This would be the land lord, you, and a property manager if applicable. There is little to zero monetary incentive for a real estate agent to show you rental properties and it is simply not the highest and best use of an established agent's time. NEWER agents may see this as a viable strategy to build a pipeline of future clients but there are better options. Keep in mind, a real estate agent may receive a $100 commission on a good day. Them showing you a rental property is basically pro-bono work. Instead, ask an agent to utilize their MLS and many (including myself) would be happy to set you up on a drip feed that will go straight to your inbox every morning. This will free up time scrolling around on Zillow/Realtor.com/Trulia and instead allow you to look at cute puppies on YouTube or actually work.
*Please note that DIY landlords will not list on the MLS so maybe cut back on the puppy videos\*
*Also note: Some of the best land lords still haven't figured out the internet and you will find some gems by simply driving through the neighborhoods you like and looking for yard signs.\*
Utilize your property management companies instead!
One thing nobody can help is lack of inventory. Talk to your local leadership about building more housing units and maybe ask about a fun concept called a "build-to-rent" community.
What property managers CAN do is notify you of upcoming properties. This requires two things from you: START EARLY/CALL OFTEN! Property managers do have a great incentive to make you a paying tenant. It is called a procurement fee and it typically will be the first months rent! You may be required to fill out an application per company, but if they know you are qualified and looking, you will get a call and they will have personnel or a system that will allow you to see the property. Getting to know your property managers is absolutely key to securing a rental in highly desirable areas but they do get 100's of calls a day so STAY TOP OF MIND! Service will vary from company to company, so please temper expectations and plan accordingly.
\Application policies varies from company to company. I would ask if they have an option to pre-apply to help save time and money.\**
ALL NUMBERS ARE NEGOTIABLE!
Like any home listing, a units rent is listed at what the property owner believes is market rate. The funny thing about a financial market is that it fluctuates every single day! I currently count 500 available properties for rent right now in the Greater Augusta market. Do not be discouraged by what a property is listed at. Call and ask. Tell them what you can afford and you may be surprised at what you find.
TAKE PHOTOS!
We live in an age where almost everyone has a camera on their phone, almost every landlord is getting real freaking cute with their "cleaning fees" (Thanks Air BnB)
Before you move into a new place, do not become the next bad Google review. Take photos of the current condition and email them to the property owner and take it upon yourself to have the property professionally cleaned before turning in the keys. It is a whole lot easier for a land lord to keep your security deposit than it is for you to get it back!
SOME FINAL REMARKS
The single most important key to making this process as smooth as possible is preparation.
Keep in mind many property managers follow the 3x rule (Your monthly income must be 3 times the amount of the monthly rent). Factor this in when defining your budget but also know this is not always the case. Credit will also be a factor in some cases, know your score and disclose all of these numbers up front with the land lord to avoid paying for an application fee that won't be accepted in the first place.
If you are a pet owner, expect to be limited on options. Pets and pet owners are not a protected class and many property owners will turn you away. HOWEVER, money talks and some land lords will or can be persuaded to accept a pet deposit fee. These restrictions can range from certain breeds or a total blanket ban on all pets in general.
I have compiled a list of companies/apartment complexes to get you started on your search down below.
Disclaimer: This is NOT my specialization but simply a compilation of experience in real estate and what I have learned from professionals who do work on the leasing side.
I'd like to make this post as helpful as possible, if you have some constructive feedback, please reach out :D .
Happy Hunting!
-Matt
Property Management Companies:
Blanchard & Calhoun Property Management: (706) 722-7331
Auben Realty: (706) 305-1551
Augusta Rental Homes: (762) 585-4663
Bridge's Realty: (706) 922-6390
Lucky Star Properties: (706) 496-8062
Three16 Property Management: (706) 863-8182
Bragg & Associates: (706) 210-0494
McGillicuddy Rental Properties: (706) 737-5072
RentSmart: (706) 309-1000
Doorpost Management: (706) 863-1711
Rex Property & Land: (706) 722-4962
Meybohm Property Management: (706) 733-6497
Conrex Property Management (833) 426-6739)
Apartment complexes around the area:
Thomson:
Rollingwood Place: (706) 595-6111
Monterray Pass: (706) 595-1067
Grovetown/Harlem:
Ridge Crossing: (706) 863-2048
The Reserve at Whiskey Creek : (706) 868-0717
Joiner Crossing: (706) 726-5144
Brighton Park: (706) 496-6418
Bell Forrest:(706) 556-0073
Martinez-Evans
The Belmont: (706) 666-5134
Walden Glen: (706) 920-5544
Blue ridge Commons: (706) 722-8334
The Heron at River Island: (706) 406-7800
Bradford Pointe: (706) 661-8494
Spring House Apartments: (706) 868-8181
Wheeler Woods Apartments: (762) 585-4663
The Gateway Crossing: (706) 869-4459
West Augusta
The Turn: (706) 445-3934
The Lory: (706) 496-3007
Forest Hills Apartment: (706) 496-3007
Rocky Creek: (706) 860-2801
The Avalon: (762) 222-6134
Rocky Creek: (706) 860-2801
Sanctuary Apartments: (706) 956-5188
Westbury Creek: (706) 744-0960
Annaberg Apartments: (762) 585-4663
Residence at Riverwatch: (706) 661-8843
Magnolia Park Apartments: (706) 738-9912
Midtown Apartments: (706) 739-7775
Grand oaks at Crane Creek (706) 247-7588
Downtown Augusta
Broadway: (706) 737-4548
Broad Street Commons: (706) 722-4962
The Downtowner: (706) 814-7199
Canalside: (706) 426-7742
McCoullough Townhouse Square: (706) 724-6971
Beacon Station: (706) 204-5409
The Row: (762) 260-9135
Millhouse Station: (706) 471-0849
South Augusta:
Antebellum Apartments: (706) 863-1711
Augusta Manor Apartments: (706) 793-0699
Hillcrest: (706) 796-9915
Pinnacle Place Apartments: (706) 793-2435
North Augusta:
Ironwood: (803) 594-6767
River's Edge: (803) 441-0034
Breckenridge Villas: (803) 867-5938'
The Edgewater: (803) 426-8261
Aiken:
Vierra Aiken: (803) 721-4342
Woodwinds Apartments: (803) 882-3718
Brittany Downs: (803) 675-5685
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2023.02.21 19:16 Digimad Second to None Wholesale Course: Lesson 1
Welcome to Lesson 1 of our Real Estate Wholesalers course! In this lesson, we'll be diving into the importance of analyzing the real estate market when looking for properties to wholesale.
Before we get started, let's define what market analysis is. Market analysis is the process of gathering and analyzing data on a particular real estate market to determine the supply and demand for properties in that market. The goal of market analysis is to understand the market's trends and indicators so you can make informed decisions on the properties you decide to wholesale.
The first step in analyzing a real estate market is to determine the geographic area that you'll be focusing on. This could be a specific city or neighborhood, depending on your resources and goals. Once you've identified the area, you'll need to start gathering data to analyze the market.
One of the best resources for analyzing real estate markets is online platforms like Zillow, Redfin, Trulia, and Realtor.com. These platforms provide data on home values, rental prices, and more for different neighborhoods. They also offer features like search filters and maps to help you easily identify trends in different areas.
When analyzing a market, there are several key metrics that you should pay attention to. These include:
Median Home Price: The median home price is the middle price point for all homes sold in a particular area over a certain period. This metric is useful for understanding the overall price range of properties in the area.
Days on Market: The average days on market is the average number of days it takes for a property to sell in a particular area. This metric is useful for understanding the demand for properties in the area.
Number of Homes for Sale: The number of homes for sale is the total number of properties listed for sale in a particular area. This metric is useful for understanding the supply of properties in the area.
Absorption Rate: The absorption rate is the rate at which homes are sold in a particular area. This metric is useful for understanding the pace of the market and how long it might take for a property to sell.
Once you have a clear understanding of the market, you'll be able to identify areas that are experiencing growth, areas that are declining in value, and areas that are experiencing high demand. This information can help you make informed decisions when selecting properties to wholesale.
When analyzing a real estate market, economic indicators are critical factors that wholesalers should consider. These indicators provide a broader understanding of the health of the local economy and how it might impact the real estate market. Some of the economic indicators that wholesalers should consider include:
Job Growth Rates: Job growth is a crucial factor that affects the demand for real estate. When job opportunities increase, people relocate to the area, and this increases the demand for real estate. As a result, wholesalers can expect to see an increase in housing prices and the number of transactions in the market.
Unemployment Rates: High unemployment rates may indicate that there is a shortage of job opportunities in the area, leading to a decrease in demand for real estate. This can lead to lower housing prices and fewer transactions. However, if there is a low unemployment rate, this may indicate a robust job market and an increased demand for housing.
GDP Growth: Gross domestic product (GDP) measures the total value of goods and services produced within a specific area. If the GDP is growing, this is an indication that the local economy is healthy and expanding. This may lead to an increase in demand for real estate, resulting in higher housing prices and more transactions.
Interest Rates: The cost of borrowing money affects the affordability of real estate purchases. If interest rates are high, this may decrease the number of people who can afford to purchase homes, reducing the demand for real estate. Conversely, low-interest rates may lead to an increase in demand for real estate.
By analyzing these economic indicators, wholesalers can gain a deeper understanding of the local real estate market and identify opportunities to buy and sell properties.
In addition to analyzing economic indicators, wholesalers must also understand the local zoning laws to identify areas with potential opportunities for profit. Zoning laws regulate land use and specify the types of activities that are permitted in different areas. By understanding these laws, wholesalers can identify areas where new development or redevelopment is likely to be permitted and where they can buy and sell properties for a profit.
For example, if a wholesaler wants to target an area for redevelopment, they should look for areas where the zoning laws allow for higher-density development, such as multi-family housing or mixed-use buildings. Similarly, if a wholesaler wants to target areas for new construction, they should look for areas where the zoning laws permit the type of construction they have in mind.
Wholesalers should also be aware of any restrictions on building height, setbacks, and lot coverage in different areas. Understanding these restrictions will help them identify the maximum size of a building that can be constructed on a lot and the potential value of the property.
By understanding the local zoning laws, wholesalers can identify areas with potential opportunities for profit, negotiate deals with property owners, and identify the best ways to market their properties to potential buyers. This lesson will provide interactive exercises and quizzes to help students understand how to navigate local zoning laws and identify potential opportunities for profit.
Advanced statistical techniques, such as regression analysis, can provide wholesalers with valuable insights into market trends and help them make data-driven decisions about the properties they buy and sell.
Regression analysis involves analyzing historical data to identify correlations between different variables, such as job growth and real estate values. By understanding these correlations, wholesalers can make predictions about how changes in one variable will affect the value of the property.
For example, if a wholesaler notices that job growth in a particular area is positively correlated with real estate values, they can use regression analysis to make predictions about how much the value of a property will increase if job growth in that area continues.
Wholesalers can also use regression analysis to identify potential risk factors and mitigate those risks. For example, if a wholesaler is considering buying a property in an area that is experiencing declining job growth, regression analysis can be used to identify the potential impact on the value of the property and help the wholesaler make an informed decision about whether or not to move forward with the purchase.
____________________Not really Needed but a Nice skill to have_________________
Regression analysis is a statistical technique that involves analyzing the relationship between two or more variables. To perform a regression analysis, you typically need to follow these steps:
Choose the variables to analyze: The first step in regression analysis is to identify the variables that you want to analyze. In the case of real estate wholesaling, these variables might include job growth rates, unemployment rates, or GDP growth.
Collect data: Once you have identified the variables to analyze, you will need to collect data on those variables over a specific period of time. This can be done by accessing publicly available data from government sources or by using data from private sources.
Plot the data: After collecting the data, you will need to plot it on a graph to see if there is any relationship between the variables. For example, you might plot job growth rates against real estate values to see if there is a correlation between the two.
Calculate the regression line: Once you have plotted the data, you will need to calculate the regression line, which is a line that best fits the data points. There are different types of regression models, such as linear regression, polynomial regression, and multiple regression.
Analyze the results: After calculating the regression line, you can analyze the results to determine the strength of the relationship between the variables. You can also use the regression line to make predictions about future values of one variable based on the other.
It's important to note that regression analysis can be a complex and time-consuming process, and it requires a strong understanding of statistical concepts. There are also various software programs and online tools available to help perform regression analysis, which can make the process easier for beginners.********
Wholesalers, let's get real - relying solely on traditional news sources to keep up with the local real estate market is so 2010. To stay ahead of the game, you need to think outside the box and seek out information from unconventional sources. This could include attending underground networking events, lurking in real estate forums.. Don't limit yourself to the same old sources of information - get creative and uncover insights that your competition would never dream of!
To reinforce your knowledge of market analysis, we've included on our site if interested in taking it let me know. Additionally, we've included a case study of a successful wholesaling deal in a hot market to help you see how market analysis can inform your decision-making in real-world scenarios.
Case Study: A Successful Wholesaling Deal in a Hot Market
In this case study, we'll explore how market analysis informed the decision-making of a real estate wholesaler, who was able to make a successful deal in a hot market.
The wholesaler, named John, had been analyzing the market in his city for several weeks. He had been paying close attention to the median home prices and the number of homes for sale in different neighborhoods.
One day, John noticed that a neighborhood on the outskirts of the city was experiencing significant growth. The median home prices were rising, and there were very few homes for sale in the area. John realized that this was an opportunity to find below-market value properties in a hot market.
John started driving around the neighborhood to get a better sense of the area. He saw a few properties that were in disrepair and appeared to be vacant. John made a note of these properties and looked up their information online.
After doing some research, John found out that one of the properties was in foreclosure and the owner was motivated to sell quickly. John reached out to the owner and made an offer to purchase the property for 70% of its estimated value, as per the 70% rule. The owner accepted the offer.
John then went to work finding a cash buyer for the property. He reached out to his network of real estate investors and found a buyer who was interested in the property. John negotiated an assignment fee of $10,000 with the buyer and sold the contract to them.
The buyer was able to quickly repair the property and sell it for a profit. John was able to make a profit from the assignment fee without ever having to purchase the property himself.
This case study demonstrates how market analysis can inform a wholesaler's decision-making and lead to successful deals in hot markets. By analyzing the market and identifying below-market value properties in high-demand areas, wholesalers can find opportunities to make profitable deals without taking on the risks associated with purchasing and rehabbing properties themselves.
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2023.02.20 21:22 Pookie2018 Florida: found my recently leased apartment listed for rent on Trulia and Apartments.com, random people keep knocking on my door asking to see the unit, what should I do?
Hello all, I signed a 1 year lease at the beginning of February for an apartment in a privately managed complex in South Florida. For the past few days, I have had several people knocking on my door asking to see the unit. I searched my address and found my apartment is listed as available to rent on both Trulia and Apartments.com. Even though my lease was effective 2/1, the Trulia listing says my unit was listed two days ago. When I rented the unit, it was listed by a local realtor to whom I paid a broker fee. How can I get the listing taken down and stop apartment hunters from knocking on my door?
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2023.02.13 13:57 maximomarketing 5 errores frecuentes a evitar al crear campañas de generación de leads en Meta
Meta es una plataforma eficaz para atraer clientes potenciales y establecer relaciones con ellos.
No obstante, es fácil cometer errores que pueden afectar los resultados de la campaña. Aquí hay 5 errores que debes evitar para asegurarte de que tus campañas de generación de leads en Facebook e Instagram tengan éxito.
- Desatención hacia el público objetivo Es fundamental tener un conocimiento claro de quiénes son tus clientes ideales y cómo puedes llegar a ellos a través de Facebook. Si no tienes en cuenta a tu público objetivo y utilizas técnicas de segmentación al azar, es probable que pierdas tiempo y dinero al intentar atraer a personas que no están interesadas en lo que ofreces.
Por ejemplo, si eres un agente inmobiliario y quieres promocionar un proyecto en Estados Unidos, pero tu público objetivo son inversionistas de otros países, tiene sentido intentar llegar a ellos a través de portales inmobiliarios como Trulia, Zillow o Realtor.com, ya que estos solo operan en EE.UU.
- Uso de imágenes o anuncios confusos A menudo, se recomienda ser creativo y llamar la atención al crear anuncios. Sin embargo, cuando se trata de obtener datos de clientes potenciales, es mejor ser objetivo y claro. Las imágenes o anuncios deben despertar interés, pero al mismo tiempo, deben comunicar de manera clara la intención de la campaña, para no llenarse de curiosos o personas que nunca comprarán tus productos o servicios.
- No optimizar la página de destino La página de destino es la página a la que diriges a los usuarios después de hacer clic en tu anuncio de Facebook. Si la página de destino no está optimizada para convertir, es probable que los usuarios abandonen la página antes de proporcionar sus datos de contacto. Asegúrate de que la página de destino tenga un diseño atractivo, un mensaje claro y una llamada a la acción fuerte.
- No hacer uso de preguntas en formularios Los formularios instantáneos son una excelente manera de obtener información de contacto de tus clientes potenciales. Sin embargo, muchas veces no realizamos preguntas y esto permite que las personas tengan menos filtro para ingresar a nuestro ecosistema. Por lo tanto, es recomendable, en caso de ser necesario, hacer una o varias preguntas clave que perfilen mejor cliente .
- Falta de seguimiento y evaluación Finalmente, uno de los errores más comunes es no realizar un seguimiento y evaluación adecuados de las campañas de generación de leads en Meta. Es importante medir el éxito de tus campañas y ajustarlas en consecuencia para obtener los mejores resultados. Utiliza herramientas de análisis para rastrear el rendimiento de tus campañas y asegúrate de que estás alcanzando tus objetivos de conversión.
- En resumen, evitar estos 5 errores comunes es clave para tener éxito en tus campañas de generación de clientes potenciales en Meta. Toma en cuenta tu público objetivo, utiliza anuncios y landing pages claras y optimizadas, y asegúrate de seguir y evaluar tus campañas para ajustarlas y obtener los mejores resultados. ¡Buena suerte!
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2023.02.07 20:48 Formal_Clock_9229 Would you rather own a home or rent?
2023.02.07 11:13 BitsOfPuzzle Apartment Hunting Recon Trip - Information & Opinions Wanted
Tried to post this in the broader Pittsburgh community but the bots kept removing it for “civility” (?).
I'll be visiting at the end of this month, to hopefully find a 1 bedroom cat friendly apartment with laundry for a (flexible) March move-in, in the East Liberty / Friendship / Shadyside area. Specifically, walking distance to Whole Foods, Trader Joe's etc. or a little further out for the right place.
I read a lot of related posts but some are pretty old, so I wanted to ask for recent experiences. Thanks so much for anything you have to share!
- Is it feasible to find an apartment in a short time frame, outside the summer college lease schedule?
My reason for asking is non-Summer listings are like: — No date, then goes off market a few days later
— Available now, and also goes off market a few days later
— Available for a date in the past, but it’s a new post
— Availability in 1-8 weeks
- Are Zillow & Trulia the best sites, or are there others locals use?
— So far, everything on Zillow & Trulia are pretty much what’s also listed on Hotpads and Craigslist, or better. Someone suggested
Apartments.com but that’s been mostly corporate owned complexes and not a lot of unique listings, either.
- Is there, or should I be using, an apartment locator service or realtor to make my life easier and find properties for me?
— My experience includes MA, where you almost always need to go through a realtor or broker (and pay hefty fees), and in TX there are apartment locators or realtors who get a fee from the apartment complex or owner.
— So far, most listings are management companies/realtors and not individual landlords. Is that common for the area?
- I saw the post about management companies to avoid, but it’s pretty old.
— Any more recent problematic ones to watch out for?
— These are the most prolific on Trulia/Zillow right now:
Costello Management
Franklin West
HH Property Management
Howard West Properties
JJ Land
Rubix Management - Michael Caliguiri
- What is the best way to see a lot of places in a short period like one weekend?
— What's worked for you, when you've been short on time or couldn't spend weeks looking?
- How do the rental management companies work in PGH?
— Do you meet them at their office and they drive you to the properties? (that’s common here in TX with apartment locators and realtors who do property management)
— Or would you meet them at each property on your own and/or use a lockbox code for a self-guided tour?
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2023.01.27 05:57 marquireality How to Find Lowest Home Prices Near Disneyland?
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2023.01.26 22:26 psychoseacap Trying to find a house for rent.
I am searching for an actual house, not an apartment or condo. I have the property type set to only houses, yet Zillow, redfin, homes.com, and Trulia all give me condos/apartments in my regular results saying "house for rent".
If I was looking for one of those, I WOULD FUCKING CLICK THEM. Stop showing me shit I am not looking for, if there aren't any then just show none.
If the property isn't an actual house, then don't allow these dumbass realtor put "house for rent" in the description.
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2023.01.26 04:50 LittleSister_7533 Somebody come get their sims build back, I'm scared.
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