hey, when I was looking for mentors I ran into his profile, he seemed like a cool guy, followed his page for a while.

Now that demand is cooling, values are dropping.

Super cool that you’re jumping into real estate this early—starting young is a huge advantage.

Right now, most housing markets are still seeing home prices rise – just not as fast as they were a few years ago.But in the major metros where prices are starting to cool off a little (the red bars in the graph below), the average drop is only about -2.9% since April 2024.

@Kris Marmol very cool project, sounds like a great way to go about it. 

Are you cool with that?

Sure, $200 bucks a month is cool,  but I'd rather a property that essentially breaks even on rent and all expenses and appreciates 10,20, or 30K annually.  

Should make a cool 100k.

New Census data shows a fascinating convergence: Austin, Orlando, Phoenix, and Atlanta each posted remarkably similar annual permit totals between 11,400-12,300 units—but the underlying trends tell a story of dramatic geographic rebalancing.Pandemic hotspots are cooling fast:Austin: -7,910 units (steepest decline nationally)Phoenix: -5,891 unitsAtlanta: -3,088 unitsMiami: -3,000+ units (dropped to #16 nationally)Los Angeles and Washington DC: -4,000 to -4,500 units eachMeanwhile, emerging markets are heating up:Orlando: +4,351 units (strong growth despite regional trends)Columbus, OH: +22% year-over-yearChicago and Anaheim showing renewed strengthSmaller metros like Fayetteville, Omaha, Des Moines, and Augusta all gained 1,200-2,200 unitsThis shift suggests developers are chasing opportunities beyond traditional pandemic winners, spreading growth to up-and-coming markets with better fundamentals and less frothy pricing.

Would be cool to see a more all-in-one version though.