A lot of our borrowers, specifically new construction builders, in and around Austin - are having to hold properties for much longer than expected.

Many other have warned about HOA's...stay away from any neighborhood that doesn't have an HOA and isn't zoned specifically to be STR.

I would recommend thinking through the STR vs LTR strategy before looking at specific properties.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

This will allow you to run specific underwriting and projection tools to better assess each option.Remember, owning a property with a pool comes with added expenses, such as heating, emergency and routine maintenance, and higher insurance costs.

Per case law the courts have not decided on a specific formula or what percentage of CPI.

If you are honest with yourself and don't want to be active, then perhaps you look to partnerships or syndications to invest in passively but to me the key is knowing yourself first because if your plan doesn't work for you specifically it doesn't work. 

Title companies and closing attorneys exist for this specific purpose.Why not use them?

It's really awesome to see, while I love the podcasts, it's great to have such great deep-dive information on specific topics all in one place.So this week, I'm wondering, what topic are you most eager to learn about before 2024 ends?

Are there specific pros and cons I should consider when it comes to refinancing, forming an LLC, or even continuing with the rental given the negative cash flow?