Just supply and interest rates crushed us.

Hi, DavidThank you for all the educational stuff you share, I been listening to the bigger pockets podcast for a while and trying to share some knowledge to my 16 year old son but he thinks is boring with I can understand that at his age but there is some occasions  specially when you share sports analysis when you gets his attention, so can you please do a podcast focus on teenagers so I can listen with him when driving to school in the mornings ?

@Kaleb DeCook depends on supply & demand!

Is the City of Pomona prepared to lose 10% of its rental unit supply (2300+ units)?

The key is to know the market including the supply and the demand in the area. 

You potentially could do a partership with someone who could supply the money for a downpayment.

Here are some data points below from the past month:🏠📈 Real Estate Update 📉🏠Here's the latest market report (based on single family homes):🏡 Mortgage Rates:30-year conventional rate today is 6.63%30-year VA rate today is 6.20%💰 Median Sales Price:May: $475,995June: $485,000July: $487,483📈 New Listings:May: 2,141June: 1,920July: 2,032📅 Median Days on Market Until Sale:May: 12June: 13July: 14📦 Months Supply of Inventory:May: 2.4June: 2.3July: 2.6

Its a delicate balance of supply and demand in a market. 

That'll negate the supply.

That tool really sounds ideal...I think in most major markets now that are either saturated or balanced in terms of supply/demand now more than ever amenity rich properties are a must.