https://www.har.com/content/newsroom/: "With frenzied buying at the high end and shrinking inventory in the mid-to-low end, the Houston real estate market managed to achieve its tenth straight month of positive sales in March, with some of the data distorted because it compares to March of 2020 when very little business took place as a result of COVID-19 lockdowns."

After the couple of times a year doing band aid fixes I have learned it would have just been cheaper to go with a new install rather than repairs when they start to get issues. 

In that circumstance, special rules under IRC Sec. 732(c) will apply.For property received in a nontaxable distribution, a partner's holding period includes the partnership's holding period [IRC Secs. 735(b) and 1223(2)].This is a complicated issue. 

I have been in communication with this tenant--she did lose her job and was struggling financially---had initially asked me in early March if she could send rent in chunks which I said I was ok with, but she hasn't paid anything since that half month rent payment for March.So, i'm sort of not sure what to do here.  

Purchase price: $13,000,000 Cash invested: $5,150,000 District Flats.pngDISTRICT FLATS112 UNITSMesa, AZ​​Acquisition Date : March 2020Purchase Price : $13MDown Payment and Renovation Costs : $5.15MLoan : 10-Yr Floating Interest Rate, Non-Recourse Agency LoanDeal Structure : 506(B) Syndication Unit Mix : 33 Studio | 78 1BR/1BA | 1 2BR/1BAProjected Hold : 2-5 Years

Purchase price: $16,500,000 Cash invested: $6,200,000 SUNNY BROOK103 UNITSMesa, AZ​Acquisition Date : March 2021Purchase Price : $16.5MDown Payment and Renovation Costs : $6.2MLoan : 3-Yr Adjustable Interest Rate, Non-Recourse Bridge LoanDeal Structure : 506(B) SyndicationUnit Mix : 72 1BR/1BA | 20 2BR/BA | 10 STUDIO | 1 3BR/2BAProjected Hold : 2-5 Years

March 2021 Housing Statistics for Austin, TX and surrounding MSANo surprise here, the City of Austin has surpassed the half million dollar median sales price mark this month at $514,000.

If a BRRRR falls in my lap, I figure out how to make it work, like the house we finished renovating back in March 2021.

This is a real water bill from March of this year on a duplex.

Standard AS IS Florida contract written and executed by both parties to close March 19.