Rents and values skyrocketed over the past few years. 

The lack of competition from new supply magnifies their returns, jacks up their long-term rents on average, and skyrockets housing costs.

Build up your cash reserves people...It will be nice to see the value of our portfolios skyrocket after that.

Quote from @Devin James: @Jay Hinrichs Developments are definitely BIG money makers, but thats also reflected with the risk associated.That's why these projects take so much time and capital, but if you make the right judgements for project selection, and do all your due diligence, it'll turn out well. my 90 home project in Oregon  started it as dirt before covid .. got 1st phase built then covid hit.. had to fight through lumber sky rocketing and other material shortages and the of course interest rate spikes.. but the project ( and I give credit to my Wife and my GC's attention to detail) has sold Very well for record prices and profits .. its de risked now 22 lots left 13 are presold with big non refundable deposits and only 9 lots left that have no debt..

I really did consider Austin, but the median home price has skyrocketed so much that it was hard to get them in there, but they would have definitely cracked the top 20.

Still made it work and has been a good investment and the value skyrocketed.

As property insurance sky rockets and becomes inaccessible on the coasts, 80-100 million Americans are projected to be on the move into the Great Lakes cities and towns over the coming decades. 

then take those proceeds and pay off loan debt especially our adjustable HELOCS that have been skyrocketing. 

The value of the property skyrocketed from the original $125,000 purchase price to an impressive $300,000.

Anyone who has had to pay for a new central AC/heat pump in recent years compared to the pre-COVID years can attest that AC prices have SKYROCKETED!!