Our first year out was crazy good renting for $3300 when market rate was around $2100, but by mid 2023 and 2024 it felt harder.

Which strategy below would you do in the Austin market? 

I almost exclusively sell bank foreclosures for a large asset management company, and I also do a lot of marketing for wholesale deals.

This also lets investors manage maturity dates, guarantor exposure, market exposure and other factors.We service loans on our balance sheet and manage construction draws for all loans we originate.I am happy to answer any additional questions or provide additional insights.

what would you think of a 14,600sqft 3 unit property in sailboat bend, off market, that is RMM25 zoned and has a nice single family and duplex behind it, half of the lot if empty so it can be developed or RV/trailer parking, for $1.1M?

Start by analyzing cash flow and market demand for each property to decide which one to rent out.

Granted, the real estate investing market was better in 2016 than it is now.Best of luck to you with whatever decision you make.

We purchased it off market, as-is, and as it was our personal home, we renovated over time.

Alternatively, investing in money markets is another consideration.

Originally posted by @Joseph Binkowski:Hey BP Community -I was sitting-in on an investor presentation for a syndication of an attractive 320-unit Class B MF development in a fast-growing market, and then I realized... it was a 506c project for accredited investors only [which I am not.. yet:)]So then I began thinking...How can I possibly get involved?