A college student getting an engineering degree should consider different approaches, even if he decides to deploy some/all of the inheritance in real estate, than a high school dropout working a minimum wage job. 

If you contract is free to come with you, that would be the best approach. 

I think 5% is a pretty standard rate to estimate with, but beyond that you might be higher or lower depending on your approach to landlording. 

When looking for your next potential property how will you approach the analysis? 

MTRs are like LTRs in some ways and like STRs in other ways, so you have to approach it from both perspectives.Happy to share more!

Hello,We are being approached to GC/partner on a spec home with whom the client owns the lot and will be securing the construction financing himself in order to do the deal.

The beauty of this approach, is that she manages the exact way I want my properties to be managed.  

However, with any course or program, it’s essential to approach with a bit of caution. 

The Austin metro market is approaching that territory.Here are the full stats for Austin and the greater metro:Here’s a chart showing the median sales price of a single-family home in the City of Austin this year through October:The median sales price for a single-family home in October 2024 was up roughly 5.5% from the beginning of the year.

I envision a clumsy turnover approaching summer where we have MTR vacancies because our calendar would not be open to book 3 month MTRs starting in April.