Phil Wells, Peak Home Inspections, John Farmiloe, The Home Detectives, Steve Page, Integrity Property Inspections, PM me for email and phone numbers.

This steady influx of visitors is creating strong demand for short-term rental properties, especially in areas close to downtown, such as Fountain Square, Mass Ave, and Broad Ripple.High Occupancy Rates: Short-term rentals in the city are enjoying high occupancy rates, particularly during peak event seasons.

However, when it comes to peak season and holiday weekends keep a close eye on your comp set and go for premium pricing for far out dates.  

Make sure to break it down by season to account for lower occupancy during the slower summer months and higher rates during peak tourist seasons (Mardi Gras, Jazz Fest, etc.).2.

Compared to the recent pricing peak in May 2022, single-family home prices in Austin are down approximately 15%.For some broader context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:As you can see, pricing in Austin is still substantially above pre-pandemic levels.

This deal reinforced the importance of speed and timing.

So far business has been great with near 100% occupancy during the peak months. 

If so, speed/sense of urgency is probably the most impactful thing you can do.

Generally, for the optimal refinance, these are top of mind for BRRRR strategy investors:Return of capital: The key “secret sauce” of the BRRRR method is to build portfolios using the same capital over and over—which relies on getting your basis (or more) back on the refinance, where basis refers to the money you invested in the property (down payment and cash used for renovations).Speed: Refinance lenders use the term “seasoning” to refer to the amount of time (typically in months) between the purchase of the property and the refinance.

@Julian Delgado right now the market is high, maybe even near the peak.