Hi all,I am in the process of buying an owner occupied multifamily (3 unit to be precise in Newark).

We are still far from having an ample housing supply to balance out buyer demand in the Austin metro.Mortgage rates have somewhat stabilized around the ~6.5% range in recent months:However, the volume of new mortgage applications (blue in the chart below) remains the lowest it has been in at least 10 years:The chart below shows the median sales price of a single-family home in Austin over the past 5 years.

Keep in mind that these policies are drafted by sophisticated attorneys and drafters and typically have precise language and exclusions.

The standard practice and the most precise would be to use the county's assessed value which is what the IRS sees on reported docs anyways.

"Revenue" and "NOI" need to be precisely defined terms for any of the math to make sense.

Market fluctuations is precisely the topic I am interested in studying.

This is how you build a reserve chart.

If you have a really good handle on comparables and can get fairly precise on your estimate of fair value (and are willing to pay fair value), make an offer more than your willing to pay to ensure you best the other offer.

Let me explain.So AirDNA.co will use the data from AirBnB to come up with their charts.

For the most part I have found that the cost of labor is about double (or more) of materials.Now when I look at a home, I look at cabinets, exterior, laminate, tile work, and more and then estimate what it will cost to repair and then I plan it on a Gantt chart and estimate costs with a 10% overage + labor.