Fixing CostsIf the property needs fixing, it could offer even more potential for increasing rents and boosting your COC over time.

This could influence whether equity partners or certain types of financing will work better for you.Once I get these details, I’ll be in a better position to pass the info along and connect you with the right person.

Cap Rate Compression: In appreciating markets, cap rates tend to compress over time, signaling strong property value increases.

Florida, for example, is popular with retirees and seasonal renters, which could influence your rental strategy.5.

While insurance premiums are increasing, doubling sounds off to me.

I’d like to get your opinion on the importance of reviews in increasing bookings.

Because of this, unsophisticated appraisers reduce as-is value more than they should.2nd, the appraiser estimates the increase of value, based on your remodel plan.

Labor shortages and increasing material costs are increasing construction costs for fix-and-flip investors.

We saw potential in this property due to its location and the ability to increase its value with minimal investment.

So, while prices currently remain similar to last year, we are seeing softer buyer demand and increased inventory compared to 2023.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 this year through August:The median sales price for a single-family home in August 2024 was up roughly 11% from the beginning of the year.