Don’t forget the fundamentals that are driving these prices up. 1) Sky high stock prices for tech stocks2) More IPO and wealth creation than in recent times3) Record low interest rates4) Migration from SF to suburbs 5) Continued inflow of highly paid professionals for new tech jobsThose are the drivers!

I did some searching around the web and found lots of blue countertop new rehabs. 

You have to look at the fundamentals and if they support the story playing out, the problem is that sometimes it's hard to tell until after the fact, and then it's very apparent why things broke down.In Austin for example its been red hot, but if someone paying 50k over still means the monthly mortgage is very affordable to them then it doesn't really matter.

Futher checking the details of the property in the county web site, I observed that the actual property tax was similar to other ones and there was an add on in the same with $1400+ calling it out as MCDE tax.

There are two fundamental ways to value a property.1] The property value in relation to comps2] Value based on cash flowBankers like to see a stable business model with future predictive cash flow.

So while the LA outcome distribution probably features higher tail risk (either tail), somewhere like NC probably has a smaller chance of outsized moves in either direction, but it does have significantly strong market fundamentals (intrinsic and macroeconomic), so I think NC offers much more stable and sustained appreciation. 

All the signs in the yards and windows and on all the property management web sites are all advertisements for the following year and are typically up mid way through fall semester.

Having had to be very patient with some investments that were fundamentally sound but seeing them through a downturn was trying.  

The market potential for existing-home sales in June was estimated to be 5.47 million at a seasonally adjusted annualized rate (SAAR), down 2.5 percent compared to last month, and 13.1 percent lower than one year ago, which is near the same level as in early 2019.Fundamentals Reducing Housing Market Potential- Declining House-Buying Power: House-buying power is how much home one can afford to buy given household income and the prevailing 30-year, fixed mortgage rate.

A couple lenders have said this may be feasible with them, but only problem at that point is that the rates seem to shoot up and I'd be in a negative cash flow.That's why I was wondering if I'm missing something fundamental here and there are some other methods of lending that I'm not aware of.