I loved this project and really got to flex my design muscles on this one.

Hi BP,I know most people here with multiple properties have dealt with this situation. Over the past 18 months I have acquired 4 rental properties, refinanced my home, and opened a HELOC. All good things, except my cr...

When I got pre approved 2 months ago the purchase rate was 4.75 so it had a recent steep decrease so these numbers can change fast.  

2) Create a hierarchy table that breaks down level of activity and increases / decrease (KPIs would be population growth, rent prices, homes prices, inventory etc. 

There was a notable decrease this month for the City of Austin and a slight decrease for the area overall.

If you have high quality properties with high-quality tenants your management time will be almost zero so there is no need to decrease your profitability by hiring a manager. 

Here are my numbers for my primary residence:Purchase Price: $212,000 (2010 purchase)Amount Owed: $284,898 (2019 cash out refi to pay of student debt and extra for investments)Current Loan term length: 15 years (2020 refi to decrease interest rate)Current interest rate: 2.375%Estimated Home Value: $650,000+ (realtor suggested listing for $815,000)Monthly P&I Payment: $1946Current cash on hand for investment: $120,000My consideration: I’m considering refinancing to a 30 year mortgage and doing a cash out that will bring my new monthly payment equal to that of my current monthly P&I.

Increasing the number of coins (properties) actually decreases the overall chances (risk).

Almost have to just start muscling through the first deal to learn.

If prices of new builds can't decrease due to increasing input costs, that forces resale prices upwards, otherwise eventually there will be a supply issue.What places in AB would you recommend (or that you're considering)?