Compared to the recent pricing peak in May 2022, single-family home prices in Austin are down approximately 15%.For some broader context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:As you can see, pricing in Austin is still substantially above pre-pandemic levels.

Higher rental return= higher pre approval amount.

I filled out a pre-application form with the Columbia Zoning Department so that I can get a meeting with the committee and discuss my proposal.

I took pre-existing ideas from other members, re-wrote them, and added my own spin to them and posted the draft below.

If I NEED to sell within five years, this calculation provides insight into the real-world return that incorporates these vital aspects of the investment.I want a balance between steady cash flow and long-term appreciation potential. 

I purchased a home sub2 that was a pre foreclose.

Was supposed to close today finally but learned that 1. the lender suddenly changed three days ago, and the closing costs including pre-paids are over 13k.

Gilda,Pre-rental Expenses (before December 1, 2023):Expenses like utilities, insurance, repairs, mileage, and maintenance incurred before the property was available for rent are typically not deductible as rental expenses.

When my son told me the story I told him he had to pre-coach his passengers.  

You are missing the following:  capital improvements, working capital, closing costs, pre-payments, and anything else you will need to pay in advance.You are missing several income and expense lines.