U go into C D in any city in the mid west rust belt quote un quote BRRR market or cash flow market and you will experience the exact same thing very time.

@Danielle Levy a lot of questions regarding your accusations:1) What are the average Days On Market (DOM) for rentals in this "hot" market?

Each REI investor will have definitely grown either in knowledge, experience, or current market situations since their last podcast.I view the BP Forum posters as the free/easy entry into BP product lines. 

@Manny Del ValGreat markets!

Last short term rental we put on the market was booked for a 30 day stay first day on the market.

Step 2: Narrow down your "buy box" (are you market-indifferent, are you looking for a certain level of cash flow, etc.).Step 3: Connect with real estate agents and begin making offers!

I'm in Phoenix and obviously you can see that there are so many people moving from the west coast states out here to a cheaper and better weather market.

As you're just starting out in Austin, focus on learning the local market, particularly areas with good rental demand and lower entry prices.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Plus is 4% even in line with market cap rates?