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13 June 2024 | 0 replies
Inventory is now very substantially above the extreme lows seen in recent years, when inventory in the Austin area fell below 1 month (very extreme imbalance between demand and supply) for a sustained period.Here are the full stats for Austin and the greater metro:Here’s a chart showing the median sales price of a single family home in the City of Austin over the past two years:The median price for a single-family home in May 2024 was down roughly 10% from May 2022, which was the most recent pricing peak in the Austin market.For some context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:As you can see, pricing Austin is still substantially above pre-pandemic levels.
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14 June 2024 | 13 replies
I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.
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15 June 2024 | 54 replies
That may or may not be the case, but my options are limited by the extreme position that Morris Invest has caused on me as a gullible novice investor with limited resources for a 72 y/o.
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13 June 2024 | 2 replies
Appfolio is a great program but is extremely large and although we are huge fans, it has its issues.
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15 June 2024 | 30 replies
My entire portfolio is here and cash flows extremely well.
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14 June 2024 | 13 replies
If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
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14 June 2024 | 28 replies
Chalet Village does extremely well.
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13 June 2024 | 29 replies
Looking online and running numbers when you aren't looking at anything in real life will never give you the confidence to pull the trigger.
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13 June 2024 | 4 replies
TRIGGER WARNING.
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14 June 2024 | 23 replies
The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.