Complete Guide to Flipping Houses In Hawaii In 2023

Factors to consider when Flipping Houses In Hawaii

• After Repair Value (ARV) – The future value of the property after its completely renovated
• Average Days On Market (DOM) – The average number of days it takes a property to sell 
• Median Home Price – Data on the median real estate price is an essential barometer for assessing a potential investment region. Low median home prices are a sign that there is a consistent supply of homes available for purchase below market value. This is a crucial element of a successful investment.
• Property Appreciate Rate – Are local real estate market prices increasing or decreasing? You’re looking for a steady rise in local real estate costs. Even if a price rise is big and abrupt, erratic price adjustments are undesirable. An unpredictable market can hurt you if you are buying and selling quickly.
• Average Renovation Cost -Any market where you would consider investing will require you to examine construction costs. Your investment will also be impacted by the process the municipality uses to approve your designs. Include architect expenses in your budget if you are needed to have a stamped suite of blueprints.
• Population Growth – Population figures will show you whether there is a rising demand for real estate that you can supply. It will show a significant population growth when there are purchasers for your renovated homes.
• Median Population Age – You can also tell if there are potential homebuyers in the city by looking at the median population age. It’s a good sign when the median age matches that of the typical worker. Those who are employed may be those who are potential home buyers. Retirement-related needs most likely won’t align with your investment project plan.
• Unemployment Rate – Look for low unemployment rates while assessing an investment market. A lower unemployment rate than the national average is a positive indicator. An area with a favorably reliable investment climate will have unemployment levels below the state average. Your prospective buyers, as well as their clients, need to be employed in order to purchase your remodeled homes.
• Income Rates – You can tell if you can find eligible property buyers in that location for your residential properties by looking at the median household and per capita income levels. A home mortgage loan is typically required for those who buy a home. The amount of income a home buyer makes will determine whether or not they are eligible for a mortgage. You can tell if a sufficient number of people in the market can afford to buy your properties by looking at the median income of the neighborhood. Also, you want to see rising pay over time. You should be allowed to occasionally boost your prices to keep up with inflation and escalating building and supplier costs.
• Number of New Jobs Created – When thinking about investing in a particular city, the annual employment creation rate is an important indicator. When the economy of their neighborhood creates new jobs, more people buy homes. New potential homebuyers move to the area from other districts as more employment are established.
• Hard Money Loan Rates – Making sure you under where the market is on hard money rate loan rate is important to understanding the holding cost of your real estate project 

Hawaii Housing 2023

Hawaii has a median home value of $587,700, while the median value nationally is $204,900.

The average home appreciation rate in Hawaii for the past decade is 0.14yearly. Nationally, the per-annum value increase rate has averaged 0.13.

In the lease market, the median gross rent in Hawaii is $1,566. While the US median gross rent is $1,023.

The percentage of homeowners in Hawaii is 58.3%. 63.8% of the United States’ populace are homeowners.

41.7% of rental homes in Hawaii are occupied. The country’s occupancy percentage for leased properties is 36.2%.

The combined occupied percentage for homes and apartments in Hawaii is 84.74%, while the vacancy rate for these units is 15.26%.

Housing Quick Stats

Home Appreciation Rate(2010-2018)
1.12%
Median Home Value
$587,700
Median Gross Rent
$1,566
Price To Rent Ratio
31
Home Ownership Rate
58.3%
Tenant Occupied Rate
41.7%
Average Property Tax Rate
$1,694

Upfront Dollars is a hard money lender that can finance your next fix and flip, bridge, new construction or rental loan project. We are fast, transparent, low fees and offer high LTVs. Contact us today with your loan request. 

Complete Guide to Flipping Houses In Georgia In 2023

Factors to consider when Flipping Houses In Georgia

• After Repair Value (ARV) – The future value of the property after its completely renovated
• Average Days On Market (DOM) – The average number of days it takes a property to sell 
• Median Home Price – Data on the median real estate price is an essential barometer for assessing a potential investment region. Low median home prices are a sign that there is a consistent supply of homes available for purchase below market value. This is a crucial element of a successful investment.
• Property Appreciate Rate – Are local real estate market prices increasing or decreasing? You’re looking for a steady rise in local real estate costs. Even if a price rise is big and abrupt, erratic price adjustments are undesirable. An unpredictable market can hurt you if you are buying and selling quickly.
• Average Renovation Cost -Any market where you would consider investing will require you to examine construction costs. Your investment will also be impacted by the process the municipality uses to approve your designs. Include architect expenses in your budget if you are needed to have a stamped suite of blueprints.
• Population Growth – Population figures will show you whether there is a rising demand for real estate that you can supply. It will show a significant population growth when there are purchasers for your renovated homes.
• Median Population Age – You can also tell if there are potential homebuyers in the city by looking at the median population age. It’s a good sign when the median age matches that of the typical worker. Those who are employed may be those who are potential home buyers. Retirement-related needs most likely won’t align with your investment project plan.
• Unemployment Rate – Look for low unemployment rates while assessing an investment market. A lower unemployment rate than the national average is a positive indicator. An area with a favorably reliable investment climate will have unemployment levels below the state average. Your prospective buyers, as well as their clients, need to be employed in order to purchase your remodeled homes.
• Income Rates – You can tell if you can find eligible property buyers in that location for your residential properties by looking at the median household and per capita income levels. A home mortgage loan is typically required for those who buy a home. The amount of income a home buyer makes will determine whether or not they are eligible for a mortgage. You can tell if a sufficient number of people in the market can afford to buy your properties by looking at the median income of the neighborhood. Also, you want to see rising pay over time. You should be allowed to occasionally boost your prices to keep up with inflation and escalating building and supplier costs.
• Number of New Jobs Created – When thinking about investing in a particular city, the annual employment creation rate is an important indicator. When the economy of their neighborhood creates new jobs, more people buy homes. New potential homebuyers move to the area from other districts as more employment are established.
• Hard Money Loan Rates – Making sure you under where the market is on hard money rate loan rate is important to understanding the holding cost of your real estate project 

Georgia Housing 2023

Georgia shows a median home market worth of $166,800, and the figure recorded throughout the nation is $204,900.

The average home market worth growth percentage in Georgia for the last ten years is 0.05 each year. The decade’s average of yearly housing appreciation throughout the United States is 0.13.

In the rental property market, the median gross rent in Georgia is $968. The median gross rent across the US is $1,023.

The rate of home ownership is 63.1% in Georgia. This is compared to 63.8%across the nation.

36.9% of rental homes in Georgia are leased. The equivalent rate in the country overall is 36.2%.

The percentage of occupied homes and apartments in Georgia is 87.47%, and the percentage of vacant houses and multi-family units is 12.53%

Housing Quick Stats

Home Appreciation Rate(2010-2018)
0.41%
Median Home Value
$166,800
Median Gross Rent
$968
Price To Rent Ratio
14
Home Ownership Rate
63.1%
Tenant Occupied Rate
36.9%
Average Property Tax Rate
$1,514

Upfront Dollars is a hard money lender that can finance your next fix and flip, bridge, new construction or rental loan project. We are fast, transparent, low fees and offer high LTVs. Contact us today with your loan request. 

Complete Guide to Flipping Houses In Florida In 2023

Factors to consider when Flipping Houses in Florida

• After Repair Value (ARV) – The future value of the property after its completely renovated
• Average Days On Market (DOM) – The average number of days it takes a property to sell 
• Median Home Price – Data on the median real estate price is an essential barometer for assessing a potential investment region. Low median home prices are a sign that there is a consistent supply of homes available for purchase below market value. This is a crucial element of a successful investment.
• Property Appreciate Rate – Are local real estate market prices increasing or decreasing? You’re looking for a steady rise in local real estate costs. Even if a price rise is big and abrupt, erratic price adjustments are undesirable. An unpredictable market can hurt you if you are buying and selling quickly.
• Average Renovation Cost -Any market where you would consider investing will require you to examine construction costs. Your investment will also be impacted by the process the municipality uses to approve your designs. Include architect expenses in your budget if you are needed to have a stamped suite of blueprints.
• Population Growth – Population figures will show you whether there is a rising demand for real estate that you can supply. It will show a significant population growth when there are purchasers for your renovated homes.
• Median Population Age – You can also tell if there are potential homebuyers in the city by looking at the median population age. It’s a good sign when the median age matches that of the typical worker. Those who are employed may be those who are potential home buyers. Retirement-related needs most likely won’t align with your investment project plan.
• Unemployment Rate – Look for low unemployment rates while assessing an investment market. A lower unemployment rate than the national average is a positive indicator. An area with a favorably reliable investment climate will have unemployment levels below the state average. Your prospective buyers, as well as their clients, need to be employed in order to purchase your remodeled homes.
• Income Rates – You can tell if you can find eligible property buyers in that location for your residential properties by looking at the median household and per capita income levels. A home mortgage loan is typically required for those who buy a home. The amount of income a home buyer makes will determine whether or not they are eligible for a mortgage. You can tell if a sufficient number of people in the market can afford to buy your properties by looking at the median income of the neighborhood. Also, you want to see rising pay over time. You should be allowed to occasionally boost your prices to keep up with inflation and escalating building and supplier costs.
• Number of New Jobs Created – When thinking about investing in a particular city, the annual employment creation rate is an important indicator. When the economy of their neighborhood creates new jobs, more people buy homes. New potential homebuyers move to the area from other districts as more employment are established.
• Hard Money Loan Rates – Making sure you under where the market is on hard money rate loan rate is important to understanding the holding cost of your real estate project 

Florida Housing 2023

In Florida, the median home value is $196,800, at the same time the United States’ median value is $204,900.

The average home value growth percentage in Florida for the last ten years is -0.07 each year. The decade’s average of annual home value growth across the United States is 0.13.

In the rental market, the median gross rent in Florida is $1,128. To compare, the nation’s median gross rent is $1,023.

Florida has a home ownership rate of 65%. Across the country, the percentage of homeownership is 63.8%.

The leased residential real estate occupancy rate in Florida is 35%. The country’s occupancy percentage for rental residential units is 36.2%.

The rate of occupied houses and apartments in Florida is 81.53%, and the rate of unoccupied single-family and multi-family units is 18.47%.

Housing Quick Stats

Home Appreciation Rate(2010-2018)
-0.55%
Median Home Value
$196,800
Median Gross Rent
$1,128
Price To Rent Ratio
15
Home Ownership Rate
65%
Tenant Occupied Rate
35%
Average Property Tax Rate
$1,872

Upfront Dollars is a hard money lender that can finance your next fix and flip, bridge, new construction or rental loan project. We are fast, transparent, low fees and offer high LTVs. Contact us today with your loan request. 

Complete Guide to Flipping Houses In Connecticut In 2023

Factors to consider when Flipping Houses In Connecticut

• After Repair Value (ARV) – The future value of the property after its completely renovated
• Average Days On Market (DOM) – The average number of days it takes a property to sell 
• Median Home Price – Data on the median real estate price is an essential barometer for assessing a potential investment region. Low median home prices are a sign that there is a consistent supply of homes available for purchase below market value. This is a crucial element of a successful investment.
• Property Appreciate Rate – Are local real estate market prices increasing or decreasing? You’re looking for a steady rise in local real estate costs. Even if a price rise is big and abrupt, erratic price adjustments are undesirable. An unpredictable market can hurt you if you are buying and selling quickly.
• Average Renovation Cost -Any market where you would consider investing will require you to examine construction costs. Your investment will also be impacted by the process the municipality uses to approve your designs. Include architect expenses in your budget if you are needed to have a stamped suite of blueprints.
• Population Growth – Population figures will show you whether there is a rising demand for real estate that you can supply. It will show a significant population growth when there are purchasers for your renovated homes.
• Median Population Age – You can also tell if there are potential homebuyers in the city by looking at the median population age. It’s a good sign when the median age matches that of the typical worker. Those who are employed may be those who are potential home buyers. Retirement-related needs most likely won’t align with your investment project plan.
• Unemployment Rate – Look for low unemployment rates while assessing an investment market. A lower unemployment rate than the national average is a positive indicator. An area with a favorably reliable investment climate will have unemployment levels below the state average. Your prospective buyers, as well as their clients, need to be employed in order to purchase your remodeled homes.
• Income Rates – You can tell if you can find eligible property buyers in that location for your residential properties by looking at the median household and per capita income levels. A home mortgage loan is typically required for those who buy a home. The amount of income a home buyer makes will determine whether or not they are eligible for a mortgage. You can tell if a sufficient number of people in the market can afford to buy your properties by looking at the median income of the neighborhood. Also, you want to see rising pay over time. You should be allowed to occasionally boost your prices to keep up with inflation and escalating building and supplier costs.
• Number of New Jobs Created – When thinking about investing in a particular city, the annual employment creation rate is an important indicator. When the economy of their neighborhood creates new jobs, more people buy homes. New potential homebuyers move to the area from other districts as more employment are established.
• Hard Money Loan Rates – Making sure you under where the market is on hard money rate loan rate is important to understanding the holding cost of your real estate project 

Connecticut Housing 2023

The median home value in Connecticut is $272,700, compared to the nationwide median value which is $204,900.

The year-to-year residential property value growth rate has been -0.13through the last decade. Nationally, the per-year value increase rate has averaged 0.13.

Looking at the rental industry, Connecticut shows a median gross rent of $1,156. While the nation’s median gross rent is $1,023.

The rate of home ownership is 66.3% in Connecticut. This is compared to 63.8% across the nation.

The rate of homes that are inhabited by renters in Connecticut is 33.7%. The country’s occupancy percentage for rental housing is 36.2%.

The occupancy percentage for housing units of all kinds in Connecticut is 90.42%, with an equivalent vacancy rate of 9.58%.

Housing Quick Stats

Home Appreciation Rate(2010-2018)
-1.04%
Median Home Value
$272,700
Median Gross Rent
$1,156
Price To Rent Ratio
20
Home Ownership Rate
66.3%
Tenant Occupied Rate
33.7%
Average Property Tax Rate
$5,837

Upfront Dollars is a hard money lender that can finance your next fix and flip, bridge, new construction or rental loan project. We are fast, transparent, low fees and offer high LTVs. Contact us today with your loan request.