Much needed relief ...Austin-Bergstrom International Airport is rolling out a new multimillion dollar expansion plan, the largest expansion in its history.AUS is poised to nearly double in size with the expansion, which is part of the Journey with AUS program.

If my largest expense after Milton was a $600 water bill, I would pay it and be grateful to be so lucky.

If they did they would have better economic policies , create safe neighborhoods and investor/business friendly atmosphere, to make their citizens prosper and able to afford the houses they live in, instead of losing it to banks in foreclosures.

What was the largest fear you had starting out?

Are others playing the long game and hoping for appreciation or is there something I’m missing with the economics of North Jersey?

Rehab costs, holding costs, and the ARV will be the largest cash eaters or cash producers with this deal.If you underestimated the rehab (both costs and time) and overestimated the ARV, you could be underwater very quickly. 

Plus, in times of economic turbulence, many in this segment will be laid off.If you purchased a property with characteristics that match the Permanent segment, the average stay is over five years.

If you want appreciation, identify markets with expanding industries, positive growth trends, and bright economic forecasts.

If your purchase price (always the largest expense) plus the rehab estimate (the second largest) total no more than 70% of the ARV, the remaining 30% must cover your HML charges, agent commission, property and hazard insurance, property taxes, title insurance, escrow, staging, all else, and your profit.

I’m a 21-year-old college student majoring in physics and economics, I am the president of the Commercial Real Estate Club at my University, and am preparing to enter the investment banking industry after graduation.