I'm new to the finance side of real estate, but I've been in the wholesale industry for almost three years now.

Having personally pivoted into full time real estate after moonlighting for years, I would reccommend starting in the industry as soon as possible.

Vernon for $650K which would be about $23,000 using an FHA 3.5% down payment.If your updated DTI and pre-approval amount still won't put you in a competitive price point for NY, consider NJ or CT multifamily.All the best!

(This client's A-frame in the mountains is a decent example of something really sharp.)Otherwise, the increased competition will eat you alive nowadays. 

if you don't meet current market trends/ competition on the MLS it could end up costing a lot more than the savings vs quartz. if it looks cheap there the alarm bells and over all impression set what a buyer is looking to pay they don't line item their price like we do.I flip 3-5 houses a year solo for the last 6 yrs.

@Cody JiosaReal value add deals are very competitive.

That’ll help you stay competitive and attract qualified tenants faster.Also, make sure you’re very clear about your rental requirements in your listing — things like minimum income, credit score, move-in date, and pet policy.

Check out your successful competition and see what they are doing that is working and use this as a guide to what you should be doing.

The pricing is outrageously (at least compared to COMPETITIVE pricing) high, while the product or service is not good, and slow to adapt.  

@Musarat YusufaliHey Musarat, great question—Austin has strong demand for mid‑term rentals thanks to things like tech relocation and contracting work, but the entry cost and competition are high.