@Eamon ConheadyThis sucksFor anyone reading this, it’s important to always use a 3rd party escrow company and send any monies to them.

For the 10 year period spanning November 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9% in that period.With inflation nearing its 2% target and signs of a slowing labor market, The Federal Reserve recently made its third cut to the federal funds rate since the start of the COVID pandemic.

The hard part is, there are ZERO comps for this place.

Quote from @Anne Gel: @Russell Brazil: I'm coming to the party late, but I don't get it - what do you mean by higher casflow = more risk?

We feel that this is fair for all parties involved.

Third unit is a studio/efficiency that I will live in. 

Additionally, we have Samsung Plus, which is a free streaming service that for the most part is comparable to "basic cable", but without the local channels.

Third: even if your new toy qualifies for a huge depreciation deduction, your allowable deduction may be limited, and may even be zero.

@Aaron Raffaelli we call all the cities that touch Detroit, the Ring Cities - except the Grosse Pts.These cities are mostly Class B and are solid rentals.Detroit overall has gentrified to Class C, but at least a third of the city is Class D still.Check out the interactive map on our website and watch for whats coming...

Their lender even noted how this switch opened doors for them to secure a third property within two years.From what I’ve seen in Forbes, this decision often depends on the investor’s timeine.