When you pay cash for a $400,000 home and rent it out, your rate of return will likely be less than 6%.You could invest in stocks and earn 7% or better.You could put the money in a high-interest savings account and earn up to 5%.I don't understand why anyone would pay cash for real estate, erasing many benefits that increase the rate of return, while exposing themselves to the risk of loss (turnover costs, bad tenants, capex, etc.). 

We offer a $200 referral fee, and have been considering increasing it. 

New investor here and excited to engage with the community.

Repairs ($5k): Increase to $10k for unexpected issues in a 4,000+ sq. ft. property.Total reno costs will likely fall between $180k-$210k, not $145k.

Quote from @Noah Wright: No, but here are some ways to increase ARV most dramatically:1.

The biggest challenge is a lack of quality homes and a rapidly increasing demand for vacation, second and primary homes.

The 24.9% share is greater than the national average of 13.8%, according to CoworkingMag.The Austin metro had a 261% increase in teleworkers between 2014 and 2023, the report found, which is above the national average of 207%.https://www.kxan.com/news/local/austin/report-austin-leads-u...

Target areas with high rental demand, job growth, and population increases to ensure strong occupancy and appreciation.

I did most everything I was supposed to do, increase my income, decrease my living expenses, save cash, etc.. 

- The same can be said of high percentage increases.