Don't just look at their prices, also look at their services and compare them to the competition. 

That said, you should adapt your strategy based on the market conditions.In lower-cost markets or areas with less competition, you might still be able to hit 1%.

This area is an amazing place to live, and for that reason highly competitive in terms of real estate investing.

South Florida is a competitive market, and you'll need to do your due diligence on zoning, parking requirements, and other restrictions.I also made a quick video breaking this down in case you’re interested in hearing more details.

@Jay Hinrichs wouldn't eliminating Brokers decrease competition, and access to competitive offerings? 

And, that this return to office will manifest itself first in suburban areas with relatively less competition and shorter commutes for local workers, and that re-absorption of inventory will take a lot of time in urban areas with tons of vacancies.

Alhtough values continue to appreciate, home prices are coming down as competition gets heated with more homes on the market.

Hi everyone,
So I just purchased 2 properties and it is part of a portfolio loan. Its 2 properties in 1 single loan. I use Stessa only for the tracking feature (transactions). I have no need for the rent collection ...

Start small and stay patient, as Austin is competitive and it may take time to find the right property.

However, it’s important to price competitively and be prepared for buyers to request concessions.