The June 2024 market report from the Austin Board of REALTORS® (ABoR) shows that the median home price in the City of Austin decreased 1.6% to $600,000 over the past 12 months.

But getting homes below retail is very hard.

Mortgage, Taxes, Insurance, HOA: $3040.37Estimated rent: $2475Total Expenses: $3660.12Vacancy (5%): $123.75Repairs (5%): $123.75Capital Expenditures: $100Property Management (11%): $272.25Information when I bought the house in 2022, new constructions Purchase Price: $373000Purchase Closing costs: $4662Current home value: 400k-420kCash Flow: $2475-$3660.12= -$1185.12; -$71107.2 at 5 yearsCash on Cash Return on Investment (CoCROI): 0%Appretiation per year (6%); $535,290.23 at 5 yearsEquity: Loan value $345,089.53 at 5 years; $190,200.47 in equity at 5 yearsLoan Value today 6/2024: $368,201.59Total ROI in 5 years= (Total profit/Total Invested capital)/ Time (in years); Total profit: $190,200.47Total Invested: $71107.2 (neg cash flow) + $42757 (closing sale costs)= $113,864.20Total ROI (5 years)= ROI 67%, annualized ROI 10.8%My biggest concern is that I am relying solely on appreciation and assuming will appreciate at 6% per year. 

At home, I'm well served by only having a netflix and hulu account and was curious if there are comparable services that cost the same or less than whatever tv packages I'm use to having in hotel stays.I'd welcome any suggestions on how any of you accomplish this. 

From making your own coffee at home to savy investor tactics, what's your favorite way of saving money that you've found very useful till this day?

I'm in Canada and where I am, reasonably priced homes are still selling pretty quickly.

We purchased the home on 8/31/2022 for $60,000 and sold it the same day for $75,000.

Purchase price: $140,000 Cash invested: $50,000 Sale price: $265,0002800 sf single family home.

Was a bad night as I had worked 12 hours that day and driven home 21/2 hours prior to the guest trying to pull that trick.

Do I need a license from my home state to buy mortgage notes?