New developments in Manor, East Austin, Georgetown, Plufgerville, Cedar Park, Buda and Kyle are seeing new luxury devleopments that offer a luxury lifestyle without the excessive rental pricing you'd see near downtown Austin. 

My grandpa currently owns a SFH in San Jacinto, CA, bought around the 1980's for max $500k (idk the actual price) and it is actually paid off.

I’ve heard of numerous people raising “opportunity funds” to take advantage of what they call the “fire sale pricing” that will soon be here.I agree that there are more distressed sellers than in the past, and we have seen pricing become a little more reasonable than it was in 2022.

Specifically looking at current risk vs opportunity to expand.I have a few properties all done post COVID, triplexes with 30y fixed rate mortgages from 6.5%->7.5%, good CoC return of ~20% on average, cap rates of ~9-12%.  

Purchase price: $90,000 Sale price: $125,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Susan Rosati, successfully completed a quick flip on N Arkansas Ave, Atlantic City, NJ 08401.

What numbers are you looking for and price range? 

Purchase price: $220,000 Cash invested: $1,500 Sale price: $245,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Denis and Samantha, successfully completed a quick flip on De Gage Drive, Prairieville, LA 70769.

We currently lease a property and house the men, but for the price and our program it is proving to be unsuitable.

We currently lease a property and house the men, but for the price and our program it is proving to be unsuitable. 

Purchase price: $110,000 Sale price: $130,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Russell Barcelona, successfully completed a quick flip on Ransom Street, Lockport, NY 14094.