Recently did a single-family BRRR that went smoothly, and wanting to get into multi-family.

This time frame is crucial because it allows for you to perform your due diligence on the property before fully committing to the contract.

My wife and I were raising 3 daughters at the time and wanted to provide well for my family’s future.

-Single-family home sales declined 1.5 percent year-over-year;-Days on Market (DOM) for single-family homes went from 49 to 45 days;-Total property sales were down 3.1 percent with 10,175 units sold;-Total dollar volume was statistically flat at $4.3 billion;-The single-family median price edged up 1.5 percent to $345,000;-The single-family average price rose 3.6 percent to $443,970, which is a record high; -Single-family home months of inventory registered a 4.0-months supply, up from 2.7 months last May;-Townhome/condominium sales continued to decline, falling 9.8 percent, with the median price climbing 12.1 percent to $241,600 and the average price up 7.5 percent to $281,777.

Greeting BP family!

Hey Chris,Here is a multi-family meetup that you might be interested in:  https://www.biggerpockets.com/forums/521/topics/1191976-my-r...

Hi BP Family, A quick thank you to some of the seasoned REI’s actively posting that strive to help us newcomers understand and use the forum the best way possible!

Inventory is now very substantially above the extreme lows seen in recent years, when inventory in the Austin area fell below 1 month (very extreme imbalance between demand and supply) for a sustained period.Here are the full stats for Austin and the greater metro:Here’s a chart showing the median sales price of a single family home in the City of Austin over the past two years:The median price for a single-family home in May 2024 was down roughly 10% from May 2022, which was the most recent pricing peak in the Austin market.For some context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:As you can see, pricing Austin is still substantially above pre-pandemic levels.

I have two single family rentals and am thinking about refinancing.

Hello,I have a single family house in Northern California which is my primary and it has solar panels.