If rates dip below 6.25%, expect a significant refinance boom and origination volumes increasing by 8–13% year-over-year.Washington Policy and Regulatory ShiftsPolicy developments in Washington will play a critical role in shaping the mortgage landscape this year.

In about 15 minutes I could develop a list of potential cities that could all make great places to invest. 

On the data side, pulling from the Franklin County database, you can see a lot of long-term owners quietly holding small multifamily properties for years.

You get 3 very unique attributes when do what we coin "Path Of Progress" Investing: Forced Appreciation, Market Certainty via review of the development plan (cities not just individual builders) and my "Happy Place" 0-capex. 

The first part of this may have recently changed (someone indicated it had changed but I have not verified it.10) Small number of small units is the most expensive residential development there is.

I believe that those who see a lot of appraisals related to ADUs already knew this, but ADU developers in particular avoid this or give misleading data.  

I work primarily on value-add and development-oriented projects and have collaborated with teams across multiple markets.

Make at least 1 section of the property livable for yourself(some have ADU's, some don't)(You must decide the plan for development in the house- you can pad split, turn into a duplex, or keep the layout as is)4.

When compared to markets like Los Angeles, Massachusetts offers a compelling alternative: LA multifamily development has sharply declined, with fewer than 19,000 units under construction—a 30% drop in just three years—despite high rents and low vacancy rates.Local policies, like Measure ULA, impose steep transfer taxes on sales over $5M, deterring lenders and developers.Proposed labor regulations, including minimum wage hikes for construction workers, are adding further uncertainty and risk.Many developers are redirecting projects and capital elsewhere, leaving fewer high-quality investment opportunities.  

Nothing like seeing water where it shouldn’t be to remind you that no matter how much homework you do, surprises happen.Another property developed a few leaks months into the rehab, and we eventually found out it needed brand new piping through the entire property...about $25k worth that hadn’t been accounted for in our evaluation.