I need more adviceJust now I suddenly had an idea, the land left by the LA fire and SB-9 (SB-9 allows single-family residential lots to be split into two lots)Is this a good opportunity?

Single-family management companies are seeing interest from buyers.

Quote from @Keith Angell: Hello everyone,I’m looking for some advice as I plan the next steps in my real estate investments.

I would be beneficial to determine if they are other aspects of the property that make it a worthwhile investment (tax, appreciation etc). 

For most of 2024, we saw 5-6 months of inventory in the Austin area.Here are the December 2024 for Austin and the greater metro:Here’s a chart showing the median sales price of a single-family home in the City of Austin in 2024:The median sales price for a single-family home in December 2024 was up roughly 9% from the beginning of the year.

Most suburban cities have VERY limited lots and most of those are zoned R-1, meaning only a single-unit house can be built.In the City of Detroit, it's cheaper to buy one and rehab than build!

A FHA 203k Loan is where the purchase price and rehab costs are rolled into a single loan.The downside of using FHA or a FHA 203k is you will need to live there, for a minimum of one year (to satisfy FHA Requirements); AND because you closed personally, you will not have Asset Protection, in the form of closing in the name of a LLC.

Quote from @Michael Moya: Hi Bigger Pocket Community - Looking for some insights and advice on loan options for single family homes under $120K.

You want to find a balance of investing experience, but strong track record of multifamily sales (which you can see on their Zillow profile).

You’ve taken the first deep dive into investing—great job!