The one I like though is and I think you and I agree on this.. but buying at or close to the median price point of a given MSA to me is a critical for out of area.. just gives you a leg up on quality assets and generally speaking a mixture of owner occ and rentals in the area instead of 100% rentals or high % rentals.. and of course buying 50% under the Median is inviting high risk for out of state folks..  

Hello BP members - I live in Durango and do fixing flips, but I would like to do some multi family investing projects & meet up w like minded folks- my name is Denise Baca, and I am trying to figure out how to connect with Jens Nielsen meet up group, can you assist me further & I would love to connect in person Jens

Folks seem very willing to dramatically pay more in these “affordable” markets in a feeding frenzy fueled by cheap mortgages and limited choices for house hunters.

So, I'm wondering if folks have any thoughts about why rents have not increased much in the last 5 or so years (given the large increases in property values)? 

My familiarity as a NC native helped with this particular investment, however both geographical areas (east & western NC/SC) are big draws for folks from the North/Northeast as you may already know.

Why not give the property to the one person best able to handle it, and then other assets to other folks to equalize as desired, or alternatively simply sell the property at death where there will be no gain and split the proceeds.

There are not a lot of rental comps for this type of house, but from what I can find 2300-2500 would be appropriate, though I am very unsure.So what should I do folks? 

I have been looking for my first 3-4 unit multi to househack and am always interesting in connecting with folks from BP, especially being much earlier in the journey as well!

So thats why some of the Bay area folks say Hey just save and buy more bay area in 20 years you will have 500k equity in that one property.. at least thats the thought process.. will it be true who knows.. but when i sold my house in Palo Alto for 500k in 91 I knew for sure it could never go higher than 500k..

Just curious what other folks numbers look like; I’ve been tracking mine more closely recently.