The unfortunate truth about cheap properties is that a hot water heater and a roof still cost about the same as a proprety in a more expensive areas so your repairs/vacancy/capex is going to eat up a larger % of the gross rent than a more expensive property even though the $ might be similar.

With the historically low rates of the pandemic era now firmly behind us, some households appear to be moving past the hurdle of last year’s sharp jump in rates, an adjustment that we think could help further thaw the housing market.”

Hi everybody,
I know the topic is trite and got innumerable discussions over time, but I still find little to address this specific scenario.
I am about to rent out a house for the first time, 4 separate single room...

I just think now may not be the best time to buy multi-family in formerly Hot markets, like Austin MSA, that are clearly going down in price.

There will be no significant cut in interest rates, because the Fed can't cut rates; inflation is still running hot.

For rentals 3/2's will go like hot cake but anything larger or much larger you will need to just wait.

Hey Sean, the mid-market is pretty hot and affordable if you're looking to invest out of state.

Arguably the largest part of the household budget.

These will tend to be in hot investor areas anyway, so that usually works out pretty well.

My interaction with James is from a couple of days ago -- this hot property has yet to be sold.