Complete Guide to Flipping Houses In Louisiana In 2023

Factors to consider when Flipping Houses in Louisiana

• 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 

Louisiana Housing 2023

In Louisiana, the median home value is $157,800, while the national median value is $204,900.

In Louisiana, the yearly appreciation of home values through the last ten years has averaged 0.31. Across the country, the per-year appreciation percentage has averaged 0.13.

In the rental property market, the median gross rent in Louisiana is $850. To compare, the US median gross rent is $1,023.

The rate of home ownership is 65.3% in Louisiana. Across the country, the percentage of homeownership is 63.8%.

34.7% of rental properties in Louisiana are tenanted. The national occupancy rate for rental residential units is 36.2%.

The combined occupancy rate for homes and apartments in Louisiana is 84.87%, while the vacancy rate for these properties is 15.13%.

Housing Quick Stats

Home Appreciation Rate(2010-2018)
2.45%
Median Home Value
$157,800
Median Gross Rent
$850
Price To Rent Ratio
15
Home Ownership Rate
65.3%
Tenant Occupied Rate
34.7%
Average Property Tax Rate
$845

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 Kentucky In 2023

Factors to consider when Flipping Houses in Kentucky 

• 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 

Kentucky Housing 2023

The median home market worth in Kentucky is $135,300, in contrast to the national median market worth which is $204,900.

The year-to-year residential property value growth rate has averaged 0.23throughout the previous decade. The ten year average of yearly housing value growth throughout the United States is 0.13.

In the rental property market, the median gross rent in Kentucky is $741. Median gross rent throughout the nation is $1,023.

The homeownership rate is at 67% in Kentucky. 63.8% of the entire nation’s populace are homeowners.

The percentage of homes that are occupied by renters in Kentucky is 33%. The country’s occupancy level for rental properties is 36.2%.

The total occupied rate for homes and apartments in Kentucky is 87.55%, while the unoccupied rate for these units is 12.45%.

Housing Quick Stats

Home Appreciation Rate(2010-2018)
1.85%
Median Home Value
$135,300
Median Gross Rent
$741
Price To Rent Ratio
15
Home Ownership Rate
67%
Tenant Occupied Rate
33%
Average Property Tax Rate
$1,135

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 Kansas In 2023

Factors to consider when Flipping Houses in Kansas

• 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 

Kansas Housing 2023

Kansas shows a median home value of $145,400, and the median value across the nation is $204,900.

In Kansas, the annual appreciation of housing values through the recent decade has averaged 0.27. The decade’s average of year-to-year home appreciation across the US is 0.13.

Reviewing the rental housing market, Kansas has a median gross rent of $831. The median gross rent in the US is $1,023.

The rate of home ownership is at 66.3% in Kansas. 63.8% of the U.S. population are homeowners.

The leased residence occupancy rate in Kansas is 33.7%. Nationally, the percentage of renter-occupied units is 36.2%.

The total occupied rate for single-family units and apartments in Kansas is 88.8%, at the same time the vacancy rate for these properties is 11.2%.

Housing Quick Stats

Home Appreciation Rate(2010-2018)
2.15%
Median Home Value
$145,400
Median Gross Rent
$831
Price To Rent Ratio
15
Home Ownership Rate
66.3%
Tenant Occupied Rate
33.7%
Average Property Tax Rate
$2,093Upfront 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.