That should abate in the next 12-18 months, and as new units stop hitting the market at their current pace, Phoenix may see solid growth, especially as the market seems to have solid inbound demand fundamentals, good jobs, tech presence, etc.

Quote from @Daniel Rabinov: I’m new to REI currently looking to acquire multifamily properties in the North Miami Beach, Aventura, and Hollywood areas that meet the following criteria:Price per Unit: Maximum $250,000 (4 PLEX MAX 1M)Cap Rate: 7.5% or higher as-is not pro formaValue-Add Potential: Properties that offer the opportunity to renovate, improve, and increase rents or overall property value.My focus is on underperforming properties with strong fundamentals that are located in these markets.

As you may know, Podio is web-based which allows custom apps which can be automated by talking to your other web-based applications via Zapier.

.#1 mistake is not using the right advertising websites correctly.So, ask your agent for a list of websites they are advertising your properties on.May also help if you post JUST the address here - we should be able to do a web search and find it - or there's an obvious advertising problem!

Does anyone have any recommendations, or even better any spreadsheets, excel or web-based, they use to keep track of all construction expenses for Flip/BRRRR properties? 

Hey Devin, They can definitely be overwhelming, but they’re crucial for making informed decisions in real estate.As a hard money lender, I often focus on a few key metrics when analyzing deals:ROI (Return on Investment): This is fundamental for assessing the overall profitability of a deal.

Focus on the fundamentals of the real estate and stop chasing an arbitrary door count.

Feel free to share what’s most important to you and any other factors that influence your decision-making process.Hey Jeff,I think fundamentally it is finding a group that says 'yes'.

A common mistake I observe are investors focused on unit count rather than the fundamentals of the underlying real estate that's being bought.

Be more discreet and search the web first.The goal is to help you get better answers and less pitches.