I personally just hired a college kid because he came to me to ask about investing and I was so impressed with his knowledge, I hired him to do some projects for me.Be learning based and offer to help others and they will give you a leg up to make you more successful.Thank you for that, and as wild as it may seem I reached out to a guy who owns a wholesaling business and had a wonderful chat with him about his background in sales for 20+ years and extensive real estate background, he happens to share the same demand to be honest with buyers/sellers while retaining enough profit to stay afloat.

The Austin area market broke out wildly at the start of 2021 in search of a new level of pricing at which to settle.

We're in a hot market so no doubt it's tougher but if you ride it out you'll be ballin' (much like the most successful realtors I know who hustled both during and after the financial crisis as other realtors were quitting left and right and those who stuck with it now have the track record, connections and a solid, well-known reputation to wildly succeed). 

The 50% rule is a wild a$$ guess when you don't want to put any effort out to get the actual numbers. 

Jeffree Starbought the house barely 1.5 years ago, paying $14.6 million for the wildly extravagant premises.

Given that they may be able to sell for $10000 more than you agreed because markets are the wild west today, it seems odd that they are pressing you to close.

What you are hearing about the market is probably accurate - it’s a wild one right now.If you come across a property and want some “boots on the ground” to check it out for you, I would love to help.  

Beleive me I am in the same boat as a builder with clients who are buying homes to live in.. now 100k thats a pretty wild figure if your just buying a rental new build in FLA that cost between 200 and 300k I am building some right now.. so there is no way materials have gone u that high on that product..  

@Marcella Hoard I find the linked writing to be a gross over-simplification, and in that a wildly inaccurate portrayal as to what market is "on top" or not. 

Well done on taking your steps and doing whats needed to get into your first multi unit in our area.Yes its a wild market .