Average House Prices & Rent Costs at Top 100 US Metros

Zillow provides housing and rental market data on the Research page. Using this data, I created the table below that shows the top 100 most populated cities in America along with their typical house value and monthly rent cost. GRM stands for Gross Rent Multiplier. GRM = Property Purchase Price / Annual Rental Income. It […]

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360° Virtual Tours and Wide Panoramic Images

To create a 360° virtual tour, you’ll need a few things: 360° camera Insta360 One R Twin Edition The Insta360 One R Twin Edition camera seems like a good choice because it can double as an action cam. It’s currently on sale for $410. Pros: Modular and therefore can add modules that offer different / […]

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To Buy or To Rent? That is the Question.

It is January 2, 2021 and the previous year has surprised everyone. Analysts predicted home prices to fall due to the global Coronavirus pandemic but in the US, home prices surged despite millions of Americans losing their jobs. House Price Index for California The surge is likely due to Very low inventory of houses for […]

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Cost to Remodel a House

Assuming you have 3 bedroom, 2 bathroom 1100 square foot investment property, following is a breakdown of costs to remodel it relatively cheaply and quickly using neutral colors. Floor Plan Using Live Home 3D, this is an example of a 3 bed, 2 bath, 2 car garage house. The kitchen is U-shaped. The bedrooms are […]

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House-Buying Tips

Avoid Lead Paint Lead-based paint and lead contaminated dust are the most hazardous sources of lead for U.S. children. Lead-based paints were banned for use in housing in 1978. All houses built before 1978 are likely to contain some lead-based paint. However, it is the deterioration of this paint that causes a problem. If possible, […]

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Recessions, Home Prices, Unemployment and Inflation

When an economic recession occurs, one thing that happens for sure is the unemployment rate goes up. You can see a graph of the California unemployment rate since 1967 on the St. Louis Federal Reserve Bank’s website. Below is a copy of that graph until 2019-01-01. The shaded areas indicate a recession. As you can […]

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House-Buying Strategies

Buying a house can be stressful, especially in a hot market. If you wait too long to put in an offer, it may be too late as the seller may have already accepted a existing offer in which case the buyer would be “in contract” (pending sale) in which case the seller can’t accept other […]

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Creating House Floor Plans in 2D and 3D

If you need to only create 2d house floor plans, I personally have found Lucidchart to be easy to learn and intuitive to use. If you need to create 3d house floor plans, I have found Live Home 3D to offer the best features for the price. At $10 (on sale), you can easily create […]

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Life Advice

Following is some advice regarding major life issues I would offer to the average person (the majority of people) based on my experience and the experience of others. Unfortunately, these are things they don’t teach you in school. Invest in real estate People don’t like saving money and generally aren’t good with money. If you […]

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Invest in Real Estate or Stock Market

Average rate of return: Stock Market: 10% (before inflation). 7% (after inflation) Real Estate: 10% (especially in the San Francisco Bay Area) ROI based on own money or borrowed money: If you invest $100,000 in stocks, with a 10% ROI, you’ll get $10,000 at the end of year 1. If you invest $100,000 in real […]

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