🏘️💥 Experts say the lack of new housing, high rent-to-income ratios, and post-pandemic demand are driving this fierce competition.

While it is true that our market is saturated, many of my owners are still doing well, even the ones who purchased post pandemic. 

Due to the nature of a fund model, the projections we shared with our investors, changes in the post-pandemic market, and the fact that a significant portion of the returns to our shareholders are realized as the facilities become stabilized and begin to churn out cash, high cash-on-cash returns during the first year of this fund – designed to acquire troubled, turn around assets – did not result.

Purchase price: $380,000 Cash invested: $20,000Purchased the property off-market directly from the seller during Covid-19 pandemic after relocating home to CT from living in NYC.

., there are a lot of places where you'd make like a bandit if you invested before the pandemic boom.

Dodd Frank was good at keeping it at bay until the COVID pandemic hit.

I mean I even drive to get the pizza LOL.. we sure saved a lot of money during the pandemic..

It's now less than any point post-pandemic.

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, prices in Austin are still substantially above pre-pandemic levels.

As an example I constructed a 4 unit condo building in the Mount Airy neighborhood of Philly at the beginning of the pandemic.