Obviously demand is huge in the area or they wouldn't be building but the great news for me is that they'll be charging 30% more for much smaller units.In the long run, it will draw more people to live in the area and provide me with a larger pool of prospective tenants that are excited to pay my rates as opposed to the more expensive "new" building down the street.If you're not sure how well the area can support the additional 27 units, then it's probably something to be concerned about and worth factoring extra vacancy and/or lower rents into the equation.

You start dropping more down with the LTV you go into single digit returns for COC.There are some lenders doing 5 years interest only in the 3's for rate.

Here’s the good news, I over-estimated what I did account for, and I underestimated the ARV by a good $15-$25k.

A very retro home with digital features that cater to the millennial generation is what will sell fast here on the east side of Austin where most of the gentrification is taking place. 

Profit margins are in the single digits.

Yes i am aware of that FIRPTA; however it is not the biggest bad news for us french investors.

I'm a newbie from Newport News, Virginia.

Awesome news Gabe!

Adrien Schebott That's great news!  

I have not done this and it was news to me when it was told to me, but I know it's happening.