In the City of Austin, we saw a 6.5% increase to $575,000*Total sales increased 2.5% in the metro.

Why is your mortgage cost so low at only $44k/year?

Sometimes the closing costs from the auction are HIGHER than expected.

And cost is not coming down.

With the COVID-era surge in home prices, rapid increases in mortgage rates, and rents not keeping pace, it really has gotten harder to make these deals work.

Not sure if it’s already been discussed in this thread but have those that built ADUs experienced a significant increase in property taxes?

I get that labor costs (along with everything else!)

Ignore the $1,250 per month because that's your cost of housing, if you didn't pay that on the home you'd have paid that in rent so that's a non factor. 

It would be for $120k plus closing costs for a year or two until we could refinance.

I think we have enough software in the STR world lolWhat if we made a guide to increase occupancy rates that centers around marketing, guest experience, and ways to stand out in saturated markets that isn't simply "buy more amenities"?