Austin a rapidly changing environment
Hey guys,
I've been researching the market here in Austin for the last year and it really seems like wholesaling at the usually healthy (ARV (.70)) multiplier hasn't been having the same results. Obviously this is because it is such a hot market. I guess my question for some of the veterans would be, what sort of deals would make more sense in this type of rapid growth area? Would contracting deals at market value be a legitimate offer? I'm passing on deals because they seem so risky. Any help with this would be appreciated.