Quote from @James McGovern: I am interested in purchasing a few condos in Florida and want to understand if there are any insurance products that cover the rising cost of HOA assessments? 

I wanted to get started in investing in multifamily real estate in 2022 to take advantage of low interest rates and rising rents.

Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)

I wanted to get started in investing in multifamily real estate in 2022 to take advantage of low interest rates and rising rents.

It’s awesome that you’re already thinking strategically about getting into real estate early on, many people wait years before taking this step, so you’re ahead of the game.You’re right about Dallas being a competitive market, and finding cash-flowing houses in good areas under $300-400k can be challenging, especially with rising interest rates.

Yeah, people can up vote dumb stuff too but it's less likely overall and the cream tends to rise anyway.

I see what you’re saying about cash flow, and I agree—rising prices are a major challenge for investors and buyers.

Researching market trends and speaking with a local real estate agent can help you understand if prices are likely to rise or fall.

@Keonhee ChoThe Austin area presents challenges in finding properties that cash flow, especially with BRRRR, due to high property prices and rising rehab costs.

Long term I see entire neighbors improve for their betterment because of rising prices and the very hard work of those buyers.