The multifamily real estate market is gaining momentum as we close out 2024, driven by easing financial conditions and attractive cap rates, according to Marcus & Millichap's Q3 report.Cap rates have surged to an average of 5.8% between July 2023 and June 2024, marking a 110-basis-point increase from 2022's low and the highest level since 2014.

I am wondering if I can still tell people about an off market 4br home I am selling in Citrus Heights ?

@Devin James - just shot you an email to connect.

Now, you have an appreciated first rental that’s hopefully generating cash flow, and a multi unit that provides a roof over your head and 1-3 units paying down your mortgage while all units continue to appreciate.

If you ever want to see the difference in person, just try running a cheapo Chinese nail into an old-growth 2x4 and watch it bend in half. 

It can take a year or more to complete an ADU.

Lubbock has a low barrier to entry and has several backup economic drivers by being the primary hub (agriculture, financial, healthcare, material goods, transportation, entertainment) for an area the size of most states east of the Mississippi.

It sounds like you're off to a great start.For your next steps, consider starting an LLC down the road for liability protection, but it's not a must right away.

However, if Honda takes up to 10 days to provide the payoff letter, you have a couple of options: Call Honda directly and escalate: Let them know about the urgency, and request an expedited payoff letter.

MTM was 1k, 6 months was 900 and 12 months was 800 as an exaggerated example.