Different Types of Real Estate Investments

Real estate is one of the greatest ways to build wealth, no secret there. Now there are hundreds of different ways to invest in real estate...maybe even thousands! I will share with you the four types of real estate: residential, commercial, industrial and land. Let’s get going:

Residential - Residential properties include: single-family homes, multi-family homes (2-4 apartments), mobile homes, townhouses, and condos. Each type can generate investment returns in different ways like, capital gains from a fix & flip, appreciation, rentals, and Airbnb to name a few. Residential real estate is a great way for new investors to get in the game! A great way to do this is called “house-hacking”. House hacking is where you buy a property, then rent out the other rooms or units to cover your expenses as the home owner! This genre of real estate is relatively well known and I’ll dive into more specific points in further posts.

Commercial – This is property used for retail purposes, office space, and apartment buildings containing 5 or more units. Investors buy these properties and rent them to business owners who need space to run their companies, buy and sell goods and services, and large apartment complexes. You’ll see these spaces all around the city or town you live in, you’re favorite restaurant, morning coffee stop, the local fashion store, that brewery on the corner and that new apartment complex your best friend just moved into. Commercial properties are a great way for investors to spread out their portfolio and offer favorable leasing options for the owner along with some great returns. Now commercial real estate can be more complicated and difficult to get into...but that’s why you’re here investing in your education!

Industrial - Industrial properties typically include buildings used by companies for the manufacturing, warehousing, and distribution of their product. Savvy real estate investors know that industrial space can generate some amazing returns with very few expenses. They often yield higher returns with longer leases, turnover rates are much lower, and favorable lease options where the tenant/company pays for a majority/all the monthly expenses. However, on the flip side, the building could sit vacant for a long while in between tenants due to the uniqueness of this real estate class. Now I would say industrial real estate investing is one step higher than commercial, with regards to difficulty entering the market and overall understanding of the investment. This is a great next step to take to get to that next level of real estate investing that you’re striving for!

Land - Buying land is a proven investment strategy that can produce healthy returns. Generally buying raw land won’t net you any passive income unless you get creative (leave a comment for creative uses of land below!!) Land in a popular location or spot that could be the site for future development can pay off handsomely in the future. There is generally less competition with vacant land as well, individuals don’t see the potential, can’t see possibilities of passive income, impatient, and land’s just “too boring.” All this can be more lucrative to a knowledgeable land investor!

Now this is a very quick, simple, and shallow over view of each category aiming to get the new investor’s feet wet or a quick re-fresher read to a seasoned investor. All this well I work on improving my skills and goals to become more active blogger! I’ll be looking to dive in deeper on these categories along with some other methods to invest in real estate soon! Please let me know what you think along with any constructive feedback, questions, etc and just reach out with a follow or connection here on BP!

Thanks for reading, great job continuing your education, and don’t forget to comment your thoughts!

Aug. 21, 2023

The Healthcare Boom: Fueling Job Growth and Real Estate Demand in Hall County, Gainesville, and Braselton, Georgia

The Healthcare Boom: Fueling Job Growth and Real Estate Demand in Hall County, Gainesville, and Braselton, Georgia

Introduction

The healthcare industry is experiencing an unprecedented surge in growth, and the impact is reverberating across Hall County, Gainesville, and Braselton, Georgia. Not only are these areas witnessing the creation of numerous healthcare jobs, but they are also seeing a significant uptick in real estate demand. In this blog post, we'll explore how the healthcare sector is transforming these communities, both in terms of employment opportunities and real estate development.

The Healthcare Employment Surge

Hall County, Gainesville, and Braselton have become hubs for healthcare institutions. These cities are home to numerous hospitals, medical centers, and clinics, and they are continually expanding their services. This expansion has translated into a surge in job opportunities in the healthcare sector.

  • Hall County: Northeast Georgia Medical Center (NGMC) is one of the largest employers in Hall County. With its ongoing expansion and the addition of specialized services, NGMC alone has created thousands of healthcare-related jobs. The demand for skilled professionals, including doctors, nurses, technicians, and administrative staff, is at an all-time high.

  • Gainesville: Gainesville is at the heart of this healthcare boom. The city is experiencing rapid growth, with the new Northeast Georgia Health System (NGHS) Braselton campus playing a pivotal role. This state-of-the-art facility has not only added jobs but has also attracted medical professionals to the area.

  • Braselton: Braselton is another area that has benefited from healthcare expansion. The NGHS Braselton campus, in particular, has contributed significantly to job growth. It's not only the hospital itself but also the businesses and services that have cropped up to support the growing healthcare community.

The Ripple Effect on Real Estate

The influx of healthcare professionals and support staff has had a profound impact on the local real estate market. Here's how:

  • Increased Housing Demand: With healthcare employees moving to the region, there's a growing demand for housing. Both renters and homebuyers are looking for properties in close proximity to their workplaces, driving up demand in residential real estate.

  • Commercial Real Estate: The growth in healthcare facilities has led to an increased need for office space, clinics, and medical-related businesses. This has boosted the demand for commercial real estate, creating opportunities for property investors and developers.

  • Community Development: As these communities grow, they become more attractive for real estate developers. New residential developments, shopping centers, and recreational facilities are popping up to meet the needs of the expanding population.

Conclusion

The healthcare sector's explosive growth in Hall County, Gainesville, and Braselton, Georgia, is not only creating a wealth of job opportunities but is also driving significant real estate demand. These communities are rapidly transforming into vibrant, economically prosperous areas with a promising future. If you're considering a career in healthcare or real estate investment, this is the time to explore the boundless opportunities that these cities have to offer. Keep a close eye on this dynamic region as it continues to evolve and thrive.

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Aug. 18, 2023

Navigating the Thriving Industrial Real Estate Market in Hall County, Georgia

Introduction:

As the heartbeat of economic growth in North Georgia, Hall County is making waves in the industrial real estate market. With its strategic location, robust infrastructure, and a conducive business environment, the county has become a prime destination for businesses looking to establish or expand their operations. In this blog post, we'll delve into the factors driving the industrial real estate market in Hall County and why it's a hotspot for savvy investors and companies alike.

 

Location Advantages:

Hall County's strategic location positions it at the crossroads of major transportation routes, including interstates, railways, and access to Hartsfield-Jackson Atlanta International Airport. This connectivity not only facilitates efficient distribution networks but also enhances access to a large and diverse consumer base.

 

Infrastructure Excellence:

The county's investment in infrastructure has played a pivotal role in attracting industries. Modern industrial parks equipped with cutting-edge facilities, ample warehousing space, and flexible layouts cater to the needs of a wide range of businesses. This emphasis on state-of-the-art infrastructure enhances operational efficiency and minimizes downtime for companies.

 

Economic Diversity:

Hall County boasts a diverse industrial landscape that includes manufacturing, logistics, technology, and more. This diversity mitigates risks associated with reliance on a single sector and ensures a stable economic environment for both businesses and investors.

 

Business-Friendly Environment:

The local government's pro-business policies and incentives have contributed to the influx of industries. With streamlined permitting processes and business-friendly regulations, companies can navigate administrative hurdles with ease, fostering an environment conducive to growth and innovation.

 

Talent Pool:

The availability of a skilled workforce is critical for the success of any industry. Hall County benefits from its proximity to renowned educational institutions, producing a steady stream of talent across various fields. This educated workforce enhances the county's attractiveness to industries seeking a qualified labor pool.

 

Market Trends:

Recent trends indicate a growing demand for industrial spaces in Hall County. The e-commerce boom and the need for efficient supply chains have driven up demand for warehousing and distribution facilities. This trend is expected to continue as businesses adapt to changing consumer behaviors and technological advancements.

 

Investment Opportunities:

The dynamic industrial real estate market in Hall County presents investors with an array of opportunities. Whether it's purchasing existing properties, developing new industrial spaces, or repositioning assets, there's potential for significant returns on investment.

 

Conclusion:

Hall County, Georgia, stands at the forefront of the industrial real estate market, offering a blend of strategic advantages, a business-friendly environment, and a diverse economic landscape. As demand for industrial spaces continues to rise, the county remains a compelling destination for both businesses seeking expansion and investors looking for promising opportunities. With its growth trajectory and commitment to innovation, Hall County's industrial real estate market is undoubtedly one to watch.

 

 

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Nov. 14, 2022

Our Changing Market

For anyone that’s not living underground now we are watching our market once again rapidly shift. But don’t rely on historical data on this one folks. We are in a supply driven recession. Lack of inventory and historically low interest rates have caused our current conditions. Not to mention real estate professionals and our investor partners have thrived in the previous environment. Most people I speak to on a daily basis would still love to sell or buy but here are the realities. 

On the selling side you own a 500k home. You have a 3% Mortgage. You have a balance of 300k. You don’t want to sell your home and buy another 500k home with a mortgage of 300k at a 7% rate. Your mortgage is current. We live in a booming area of the southeast so you stay put. Keeping real estate values high and supply at the current record low. If you need to sell you can take advantage of the low inventory and possibly market that 3% mortgage, which most are assumable as a selling point. Homes are selling. People want to live here.

On the buying side cash is still king. Almost 30 percent of real estate transactions over the last 12 months were cash deals. So there are still a historically low number of distressed properties out there. But think about this. 12-18 months ago new listings were in bidding wars. Interest rates fluxuate dramatically less than property values. So you think you missed the boat a year ago on a 500k house that brought 550k-600k at 3% mortgage and now you can buy for 450k-475k. Or even 500k at a 7% rate. Which you can probably refinance in 12-24 months at 4-5%. You can change the rate you are paying in interest by watching the mortgage market. The extra principal you paid a year or 2 ago is there until you pay it off. 

Simply put we live in a great area. With great people and a booming economy. And everyone has to have somewhere to live. So count your blessings and call me if I can ever help. 

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Aug. 12, 2022

Westhampton Way 3498

Harbour Point Fresh Renovation

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Aug. 12, 2022

Walnut Grove 3926

https://app.moorevisions.com/v2/3926-walnut-grove-way-gainesville-ga-30506-2562798/branded

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Aug. 11, 2022

Dave Ramsey Says Housing Will Not Crash

https://youtu.be/p7Sth7tPDjM

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Aug. 9, 2022

Inventory is Going Up

Low inventory has plagued the U.S. housing market throughout the pandemic-inspired real estate boom. Now it’s growing at a record pace, according to a report Tuesday from Realtor.com.

The number of active listings was up 30.7% in July, the fastest pace on record and the third consecutive month of inventory recovery, the data showed. 

“The U.S. housing market continues to move toward more evenly balanced supply and demand compared to the 2021 frenzy,” Danielle Hale, Realtor.com’s chief economist, said in the report. 

“Our July data shows elevated mortgage rates left many buyers tightening their budgets and sellers responding with price reductions, while home shoppers who kept searching saw more available options.”

From Penta: Christie’s ‘Insider Art’ Sale to Benefit Doctors Without Borders

Regionally, the West saw the biggest annual increase in inventory, 68.9%, according to the report. The South was second, with a 51.6% surge, followed by the Midwest (10.2%) and the Northeast (3%).

However, nationally, supply is still down 44.4% compared to July 2019, the report said. 

In addition, new listings in the U.S. also ticked down 2.8% annually in July, “suggesting that some prospective sellers are wondering what recent market shifts mean for their plans to list,” Ms. Hale continued. 

“But data indicates that homeowners grappling with this decision are still in a good position in many markets, with buyer interest keeping well-priced homes selling quickly,” she said. “Plus, many sellers have a substantial equity cushion to leverage, thanks to the past decade of rising prices. Whether or not they take advantage of these opportunities will be key to inventory trends moving forward.”

More: Newly Finished Apartment ‘Offers a Calming, Rich Oasis in the Heart of Atlanta’

Meanwhile, home prices remain elevated. The median listing price of a U.S. home rose 16.6% year over year last month, reaching $449,000, the figures showed. That’s nearly 40% higher than it was in July 2019. 

Asking prices were up in 47 of the 50 metro areas tracked in the report. Miami, which has attracted droves of buyers able to work remotely during the pandemic, saw the biggest spike in prices in July, 36.2%. Memphis, Tennessee, had the second largest jump, 32.7%, followed by Orlando, Florida, where they rose 28.4%. 

The three cities where prices declined were Rochester, New York (3.1%), Pittsburgh (3.1%) and Cincinnati (2.9%). 

Mansion Global is owned by Dow Jones. Both Dow Jones and Realtor.com are owned by News Corp.

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Aug. 4, 2022

Mortgage Rates Are Falling

Today’s mortgage rates: 30-year rates tumble back below 5% | August 4, 2022

20-year rates also nosedived, so buyers may want to lock in a rate today while they’re relatively low for longer repayment terms.

Content provided by Credible, which is majority owned by Fox Corporation. Credible is solely responsible for this content and the services it provides.
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own.

Check out the mortgage rates for August 4, 2022, which are mixed from yesterday. (Credible)

Based on data compiled by Credible, three key mortgage refinance rates have fallen and one has risen since yesterday.

Rates last updated on August 4, 2022. These rates are based on the assumptions shown here. Actual rates may vary. With 5,000 reviews, Credible maintains an "excellent" Trustpilot score.

What this means: Three key mortgage refinance rates fell today, with rates for 20- and 30-year terms plunging back below 5%. Rates are likely to continue to fluctuate, meaning homeowners looking to refinance may want to lock in a low rate now ahead of future increases.

Today’s mortgage rates for home purchases

Based on data compiled by Credible, mortgage rates for home purchases are mixed since yesterday, with two rates falling, one rising and a fourth holding steady. 

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July 19, 2022

The 10 most stable housing markets in the United States, ranked

The housing market and the economy at large have taken a wild ride this year, with home prices clinging to historic highs and mortgages hitting rates far surpassing the lows of 2021.

Combined with inflation, the rollercoaster ride has given homebuyers pause, even as it signals a gradual recovery of housing inventory.

Realtor.com now anticipates home sales to decrease by 6.7 percent over the course of 2022, compared to previous forecasts of sales increasing by 6.6. percent.

Where’s the best place to wait out all the ups and downs in the market? According to an analysis by CNBC that weighed each state’s economic health, annual home price appreciation, new construction per year and foreclosures and insolvency from the first quarter of 2022, Utah has the most stable housing market in the country right now.

The financial news outlet drew data from the recently released CNBC America’s Top States for Business study, the Federal Housing Finance Agency (FHFA), the U.S. Census Bureau and Attom Data Solutions.

See all the details of the most stable housing markets below.

1. Utah

Old Paria, Utah | John Fowler / Unsplash

2022 Economy ranking: 6

Home price appreciation: 27.1 percent

Housing starts per 1,000 people: 12.2

Foreclosure rate: 1 in 2,063 housing units

Underwater mortgages: 1.4 percent

Utah, undoubtedly, has a hot housing market right now.

The state boasts the second-highest rate of rising home prices in the country, but also the fastest rate of new construction. In addition, its foreclosure rate is low and the economy is in a strong position.

2. Washington

Seattle skyline

Seattle | Photo by Luca Micheli on Unsplash

2022 Economy ranking: 3

Home price appreciation: 20.1 percent

Housing starts per 1,000 people: 7.3

Foreclosure rate: 1 in 4,965 housing units

Underwater mortgages: 1.2 percent

Although Seattle has often been pinned over the years as a city with a severe housing crunch and affordability issues, the state’s sustained economic growth has helped place it in a strong position on this ranking list. Additionally, foreclosure rates and underwater mortgages are quite low.

3. Florida

St. Augustine | Lance Asper / Unsplash

2022 Economy ranking: 4

Home price appreciation: 25.7 percent

Housing starts per 1,000 people: 9.6

Foreclosure rate: 1 in 1,211 housing units

Underwater mortgages: 1.4 percent

There have been conflicting reports over the course of the pandemic about whether or not everyone is moving to Florida, with its attractive weather year-round and favorable taxes.

Still, rising prices and rates of construction reflect strong demand, at least for now.

4. Texas

Austin, Texas | Carlos Alfonso / Unsplash

2022 Economy ranking: 8

Home price appreciation: 19.3 percent

Housing starts per 1,000 people: 8.9

Foreclosure rate: 1 in 2,326 housing units

Underwater mortgages: 2.5 percent

Texas is another state that’s seen a lot of press in the last few years for its growing population, as buyers in pricier markets like California got fed up with the competition during the peak of the pandemic-fueled housing market.

In response, home construction is up to help meet demand and there are plenty of qualified buyers ready to adopt those new homes.

5. Idaho

Boise, Idaho | Click Sluice / Unsplash

2022 Economy ranking: 5

Home price appreciation: 27 percent

Housing starts per 1,000 people: 10.5

Foreclosure rate: 1 in 6,015 housing units

Underwater mortgages: 1.6 percent

Boise has consistently ranked as one of the nation’s hottest markets, contributing to overall strong housing demand throughout the state.

New construction is helping bolster the state’s inventory, CNBC’s report noted, but foreclosure rates are also on the rise (albeit still, quite low compared to other states), which may be a warning signal if the economy takes a sharp downturn.

6. Tennessee

Nashville, Tennessee | Brandon Jean / Unsplash

2022 Economy ranking: 2

Home price appreciation: 24.1 percent

Housing starts per 1,000 people: 8.2

Foreclosure rate: 1 in 2,797 housing units

Underwater mortgages: 2.9 percent

According to CNBC’s analysis, Tennessee has the second strongest economy in the country behind North Carolina.

The stable housing market and rising prices have largely contributed to this factor. However, the report also warns that foreclosures and underwater mortgages have been on the rise.

7. Vermont

Champlain Valley, Vermont | Kevin Davison / Unsplash

2022 Economy ranking: 33

Home price appreciation: 2o percent

Housing starts per 1,000 people: 3.2

Foreclosure rate: 1 in 13,930 housing units

Underwater mortgages: 1.1 percent

Individuals seeking an escape from larger cities have given Vermont’s housing market a boost, contributing to rising prices and new mortgages. Despite these healthy signs, the state’s economy and new construction have both lagged, bringing down Vermont’s overall ranking.

8. Arizona

Piestewa Peak, Arizona | Kyle Kempt / Unsplash

2022 Economy ranking: 22

Home price appreciation: 27.4 percent

Housing starts per 1,000 people: 9

Foreclosure rate: 1 in 1,861 housing units

Underwater mortgages: 1.4 percent

Arizona has become another Sun Belt hot spot, with spiking home prices and low inventory.

However, the state’s construction surge should provide some needed relief. Increasing foreclosure rates are something to keep an eye on, CNBC’s report noted, but home equity generally is in a strong position.

9. South Carolina

Charleston, South Carolina | Leonel Heisenberg / Unsplash

2022 Economy ranking: 13

Home price appreciation: 21.4 percent

Housing starts per 1,000 people: 9.5

Foreclosure rate: 1 in 1,081 housing units

Underwater mortgages: 3.4 percent

South Carolina is in the midst of a very heated market, with tight inventory and regular bidding wars, helping prices to continue to rise.

However, strong new construction starts should eventually help mitigate that demand in upcoming months.

10. South Dakota

Mount Rushmore, South Dakota | Ronda Darby / Unsplash

2022 Economy ranking: 12

Home price appreciation: 20.1 percent

Housing starts per 1,000 people: 8.8

Foreclosure rate: 1 in 17,724 housing units

Underwater mortgages: 4.8 percent

South Dakota’s economy is in good standing with home price appreciation still going strong and housing starts also at a healthy pace.

The foreclosure rate is extremely low. However, with underwater mortgages increasing, some trouble may be brewing for the housing market, CNBC noted.

Email Lillian Dickerson

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July 2, 2021

May 2021 Market Update For Hall County

May 2021 Hall County Report

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