it sounds like you had some good initial capital in order to pay 25% of 92 units.

Stabilizing prices in cities like Austin may offer some opportunities, but competition for starter homes remains pretty strong. 

I’ve listened to a number of clips/ shorts on YouTube of Dave Ramsey recently.First, let me mention why I was put off by Dave Ramsey initially in the past. 1.

If your priority is building wealth sustainably and positioning yourself for long-term financial independence, I’d strongly recommend considering properties like duplexes, triplexes, or even quadplexes.

Welcome to BP - house hacking / mid term rentals are great strategies esp starting out, I think you are right on with initial gameplan (Oregon can be challenging for landlords though so good that you are open to other markets)

Through PHA sources, the article indicates the renovation will cost $112M, twice the initial budget.

I still have clients but much more selective who I work with these days.Anything good NNN for dirt and tenant in strong suburban area about 2.5 million and up in price with at least 35% down.

This is all very new to me, but I started listening to the BP podcast about a month ago and realized I have a strong interest in real estate investing.

Forcing the seller to sell because they initially agreed can be a recipe for disaster later.

So initially there was at lease 15% equity and on some the appraisals came back higher so there is even more equity.