If a water heater goes on your property, all your profit for the year is gone and your 15% CoC turns into 1% real quick.

Third, we generally like the idea of diversifying our current portfolio with real estate and an additional income stream.

I have some rentals and understand that aspect of real estate but would like to have a better understanding of wholesaling before I jump in.Thanks

I’m Katie and I joined this community because after years of saying I want to invest in real estate, I’m finally taking action.  

Should I really just be leaning on a local real estate agent to help me with the local markets?

I hope it also sheds a light on some of the challenges faced in real estate.

And there’s no replacement for a real estate professional.

I currently run a successful Airbnb and want to expand but am having trouble connecting with owners or real estate agents to help.

The real test will come when the Fed begins to cut rates, as indicated for later this year, making it a challenging market for both parties.”Clare Losey, ABoR’s housing economist, recently said, “From the buyer’s standpoint, there are a number of advantages and disadvantages…The biggest headwind to them are higher mortgage rates and the decline in purchasing power.”Here are the full stats for Austin and the greater metro:Here’s a chart showing the median sales price of a single-family home in the City of Austin for the first half of 2024:The median sales price for a single-family home in June 2024 was up roughly 16% from the beginning of the year.

Appreciate any lessons learned you may have.I'm a real estate investor in Wash DC and in Charlotte, NC.