Let's just say I know a thing or to about soccer/football and my good friend is Luka Modric's best man so it was interesting having a conference call and advising with both of them on some brand strategy for Luka hehe 🤠

I’ve been around real estate for decades, and I read in The Economist once that in lively markets like Charlotte, folks will pay a premium for a comfortable room if you’re near major employers.A friend of mine tried something similar out in Austin a while back.. he’d inherited a 4-bedroom property and split it into individual room rentals.

I appreciate the feedback, always trying to help out my California investor friends. 

I don’t want anything in return—just hoping to network, make new friends, and maybe be of help or value to you in any way.If you're up for grabbing a quick lunch, coffee, or beer (on me!)

These people can be relatives, friends, coworkers, friends of friends, and business associates.

That was a substantial discount compared to my friends who were paying 2k+.

@Rishika Garimella I am a local home inspector and investor in the area. i think Austin is a sleeping giant right now. the rates are really scaring away buyers. but since competition is so low right now, its a great time to snag some property while its not being ripped apart by investors. i think the hutto manor area is a great choice, once that freeway opens up that connects taylor to round rock, it will definitely become a point of interest.

If your unit doesn't stand out in other ways considering adding amenities like a hot tub, backyard mini golf course, making your airbnb dog friendly, etc.

When completing these deals with cash vs HML, was this cash that was rallied through family and friends, or accumulated through previous flips? 

That experience taught me to always overestimate CapEx and vacancy buffers... it’s much easier to sleep at night when you’ve got those cushions in place.From what I’ve read in Bloomberg, these challenges aren’t unique, especially with rising rates.