This data only includes the 19 small to mid size cities and towns I am interested having investments in.2016 Multi-Family Sales2 Unit Apartment Buildings in my Farm took a dive last year, would have been a good time to buy a 2 unit building but I opted for a 3 unit with better cash flow.59 (2)unit properties soldRed line is the sale price, Blue line is the list priceThe average sale price for the year was close to $65,000The average Discount from list price averaged $9,000Only 10 of the sold properties were purchased at list price or abovePrice per unit was a whopping average of $28,6543 Unit Apartment buildings in my Farm did a little better on price the building I purchased was the last 3 unit in December in 2016 at a 10% discount from the list price and about 11k below market rate at that time.13 (3)unit Buildings soldRed line is sales and the blue line is discount from list price.The average sale price for the year was close to $83,000The average discount from list price was $9,000Only 1 building was purchased at 5k above list priceThe average price per unit was $27,4872017 Multi-Family Sales2 Unit apartment buildings in my farm this year are not suffering as much of a hit to price this year although the average price has continued to drop but only slightly.62 (2)unit Buildings soldRed line is sales and the blue line is discount from list price.The average sale price so far is $58,000The average discount from list price so far is $7,1417 Buildings have sold above list priceThe average price per unit was $30,0003 Unit apartment buildings 201710 (3)unit Building soldRed line is sales and the blue line is discount from list price.The average sale price so far is $75,000The average discount from list price so far is $8,7231 building has sold at list priceThe average price per unit is $25,175SynopsisAlthough there are some minor fluctuations in the NEPA Multi-family market the next chart shows all Multi-Family sales year over year which shows the relative stability of the market.  

That number doesn't include finishes which can be all over the board depending on what you do.

A step into that direction included me getting involved on the internet.

He put a lien on my property for all of the work including the unstarted and unfinished work plus $3500 for nothing.

The benefit of renting is all maintenance/repairs are included. 

It's part of your PITI and should be included as such in your math.Just like a deal might not make sense because someone's FICO yields a higher interest rate, there are also cases where a deal might not make sense because of the high property tax bill, HOA dues, etc.

For that reason we chose to stay in Buda on the NW side where there is a lot of new development including a new High School (under construction) and elementary and middles schools that are ranked well.  

I rent out an apt/condo, I rent out the rooms.Utilities are included with the rent..When doing this it's important to put on lease your utility Caps and to be clear.For example for water my cap is $50 anything above it gets divided by 4 (each tenant)What I notice is very important to these tenants is high speed internet they typically don't even watch Cable TV.

One it could be destroyed and the owner could take a loss of rent on their insurance (if they have this included)Two, they could have the tenant vacate for the portion of time that they need to fix the property back to habitability.

This is pretty basic stuff here.Do you think the hoa (which does include you) should be responsible if your 8 year old turns on the water in the tub, then let's it overflow for hours?