Both remain below the 6.5 months that the Texas A&M Real Estate Center considers a balanced market, but the upward trend continues to move the region closer to equilibrium.Homes spent a similar amount of time on the market compared with last year, with Austin averaging 71 days (down 2 days year over year) and the metro averaging 76 days (up 4 days).

It’s just an interesting trend to see that many of these troubled properties  have a loan from Kiavi.

if you want the basics of being a landlord and dealing with teh day to day, they brandon's original book on rental properties was the one that made me realize "oh it is actually just this simple" the numbers in there are likely dated at this point but the principles are the same.most of this industry and world is relationships, and communication, so candidly if you want to be successful spend some time studying how people make decisions and what goes into market trends and manipulation.  

I look at migration trends, permits and income growth.

Your OPEX ratio is ~35% of gross, but normal coastal STR multifamily trends around 45-60%.How would you account for this? 

In fact, pre-leasing velocity in a lot of Tier-2 and Tier-3 university markets continues to outperform expectations.Here’s what this means for investors:Student housing has proven far more recession-resistant than most realize.Demand is built-in - students keep enrolling, and they need somewhere to live.The operational complexity is higher, but so are the returns if managed well.For me, this reinforces a big shift we’re betting on at Gold Crest Holdings:When you understand your tenant base and control execution, location near strong universities becomes an incredible defensive play.Curious how others on BP are viewing this trend. 

So besides expired listings, the numbers are very in line with what we saw last offseason.Pendings, which tracks buyer activity, was the stat I was keeping a close eye on the last couple months since rates have dropped, but it really hasn't developed into a trend.

Over the last 10 years, KC has seen strong upward trends: home values have steadily climbed, supported by the FHFA house price index. 5-year appreciation has been consistently in the 6–8% annual range, although annual gains have eased (e.g., 5.6% in 2025, 6.0% in 2024, 7.4% in 2023).

Staying updated with county postings and owner trends helps a lot.

A few key things you’ll want to focus on are:RevPAR (Revenue Per Available Room) – the core metric for valuing operations.Occupancy trends and ADR (Average Daily Rate) – these drive your revenue projections.Expense ratio and management structure – smaller motels can run at 40–50% expenses, while flagged hotels can be much leaner with scale.CapEx and reposition potential – if it’s a rehab, understanding brand standards and conversion costs (for example, turning an independent motel into a soft-branded flag) can make or break the deal.My partner and I have underwritten several hotel/motel projects in the Los Angeles area, so I’m happy to share some insight into how we typically structure the analysis and what lenders look for in this space.