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  • March 28, 2019 12:00 PM | Anonymous

    Single Homebuyer

    One of the concerns every real estate investors group should look into is the growth of the single homebuyer market. With the rise in homebuyers opting to purchase a home without a partner, the trends are changing drastically.

    One of the contributing factors to this trend is that young adults are putting off marriage to a later age. Marriage rates are declining, with just half of the American adults reported getting married in 2017.

    A study conducted by Pew Research in 2017 shows that around 42 percent of U.S. citizens reported not having a spouse or partner. As for individuals younger than 35 years, more than 60 percent lived solo. With more homebuyers opting to buy a home without a spouse or partner, homebuying patterns are shifting with the trend.

    Top 3 Cities for First-Time Single Homebuyers

    If you belong to a real estate investors association and are actively investing in houses catering to the single first-time homebuyers market, then these cities present the perfect opportunity for you to grow your business.

    A study identified the cities best suited for solo first-time homebuyers. The survey targeted all 311 U.S. towns and cities with populations of 100,000 or more. One of the criteria that were considered was the availability of one-bedroom homes in each city.

    Here are the top three cities for first-time single homebuyers:

    1. Edison, New Jersey

      Topping the survey is Edison, New Jersey. One bedroom homes in this city have a median price of $65,000. With a median monthly salary of $3,325.83, residents have a good chance of affording the monthly mortgage payment that is around $292 or 8.78 percent of their monthly salary.

    2. Overland Park, Kansas

      Next in the list is Overland Park. The median single-bedroom price is $70,000 with monthly mortgage payments of $315. This is under 9 percent of the monthly median income.

    3. Lafayette, Louisiana

      Coming in third is the deep southern city of Lafayette, LA. Lafayette residents who have a median monthly income of $2,534 are eligible for a median-priced one-bedroom home of $57,000. Monthly mortgage rates cost $256, or over 10% of their monthly income.

    Tap into the Single Homebuyer Market

    In light of these events in the real estate industry, it’s time for you to engage in the single homebuyer market seriously. Joining the right group of investors will certainly help you a lot.

    With CIREIA, you can get a foothold in the lucrative real estate industry! As your top real estate association, we can help you with both buying and selling a property, even in prime locations outside the state. Come join us now, and start your journey to real estate success!

  • March 24, 2019 12:00 PM | Anonymous

    Thanks to all who made it to the Senate Committee hearing yesterday. Packed the house and overcame some SERIOUS objections to get this bill passed and on to the full Senate. Thank you to Woody Burton for tireless efforts behind the scenes to move this bill forward. Investors, YOUR voice was heard and we are strong together as a unified voice for investors. Support your REIA or investor organizations to keep up the momentum !!

  • March 20, 2019 12:00 PM | Anonymous

  • March 20, 2019 12:00 PM | Anonymous

  • March 14, 2019 12:00 PM | Anonymous

    Learn about a new law that just passed the House on an 82-14 margin. The bill REQUIRES foreclosure actions in cases where a land contract buyer has paid just 5% equity into the property! This is a drastic change from the current 20% case law and will affect Thousands of Investors. Get invovled with your legislators. Indiana State REIA is fighting this too.

  • March 13, 2019 12:00 PM | Anonymous

    Beware of winter scammers looking to move into your property. Some Buyers pretend to want to purchase your home, but don’t intend to ever pay you Listen to this horror story of a closing that went south. We had to hire the Constable to finally evict these squatters. Professional investors and realtors didn’t see this coming!

  • February 21, 2019 12:00 PM | Anonymous

    Job opportunities are becoming more apparent in recent times, especially in the corporate world. Today, more and more individuals are moving to business areas to chase the job they want. This surge in employment gives real estate investment groups a chance to grow their business.

    5 Best Cities to Start Your Real Estate Investment

    Recognizing the potential financial rewards from investing in top business cities will help real estate investment associations earn a steady flow of income to secure financial freedom for the long run. After all, with more applicants moving across town, there will also be more people looking for housing in the city!

    Here are five of the best cities for you to start your real estate investment:

    1. Pittsburgh, Pennsylvania

      With a 3.2 out of 5 rating for overall job satisfaction, a median base salary amounting up to $45,500, and a median home value of $141,000, Pittsburgh is one of the best cities to move into for employment! With more job opportunities in Pittsburgh, various transport options available, and affordable housing to match, real estate associations are faced with a big market.

    2. St. Louis, Missouri

      Working in St. Louis, Missouri is another great opportunity, with an overall job satisfaction rating of 4.3 out of 5 and a median base salary of $48,000. In addition, the median home value in Missouri can go up to about $161,400. St. Louis is also known for its numerous neighborhoods and quick commute, giving real estate members a bigger advantage.

    3. Indianapolis, Indiana

      Indianapolis hosts a seemingly endless number of job opportunities and housing options for real estate investment groups as well. With over 55,000 job opportunities around the area and a home value of $153,000, options abound for both workers and marketers in Indianapolis!

    4. Cincinnati, Ohio

      Getting to work in a Fortune 500 company is a dream-come-true for many—and at Cincinnati, Ohio, anyone can get that chance! Working in Cincinnati can put employees on a steady rise to the top in the corporate world! Plus, living in the area is also a great opportunity as the median home value of the city amounts up to $152,600.

    5. Hartford, Connecticut

      Hartford offers a lot both in terms of housing and employment. The home value of the city is at around $227,600, which makes it the highest home value on this list! Plus, you have at least 40,000 job opportunities to take advantage of!

    Begin Your New Life with CIREIA!

    Be part of the best real estate investors association and get access to a network of real estate professionals. With CIREIA, you’ll get a chance to learn more about the real estate industry inside out. Contact us at (317) 670-8491 for any inquiries you might have. You can also take a look at our membership benefits to see what you can you look forward to when you become one of us!

  • February 18, 2019 12:00 PM | Anonymous

    We are growing again and added two more law clerks to support your work and serve you better. Thank you for this amazing blessing!

  • February 18, 2019 12:00 PM | Anonymous

    Update on HB 1347 passing by a 10-0 vote in Committee yesterday. The bill is now progressing to the full House of Representatives for a “reading” and vote. Thank you Representative Burton for your leadership. Contact your Indiana Representative and tell them to vote YES on HB1347

  • January 31, 2019 12:00 PM | Anonymous

    This is House Bill 1347 in the Indiana General Assembly as sponsored by Representative Woody Burton, and initiated by Indiana State REIA. The bill makes sure that Tenants have to pay their own utility bills and that utility charges are NOT a lien on investor owned properties. This is the legislative response to local utilities like in Bargersville who are trying to force landlords to pay for tenant utilities. There are 14 towns doing the same thing around the State. Join your local REIA because they are the ones leading this fight for you (with yours truly as the lobbyist). Keep an eye on this bill and be ready to come to the Statehouse and make your voice heard. Thank you.