Dave:
What’s up everyone? Welcome to On The Market for our first show of 2024. For today’s show to bring in the new year we have the full panel. We have James Dainard, Henry Washington, and Kathy Fettke joining us today, and we thought it would be fun to kick off the new year to get in line with what’s going on culturally, which of course if you’re listening today, the day it came out, is the college football playoffs.
So today we’re going to be looking at the towns for each team in the college football playoffs. We’ll talk about the dynamics of each market and which one is the best place to invest in 2024. Do any of you? James, do you watch college football? Are you a fan?

James:
I am a huge Huskies football fan. That’s where I went to school.

Dave:
All right, so you have a vested interest in this debate today because the University of Washington is one of the teams that we’re going to be talking about, and James gets to really hone in on a sweet spot and talk about Seattle. Henry, are you a college football fan at all?

Henry:
No. I’d say in the past I watched a lot more of it, but lately not so much. I will watch the occasional Arkansas game just because if you live here, you can’t not, which is, I may get booed and shunned if I’m talking about Alabama today, so hopefully I’ll still be accepted in my market.

Dave:
Yeah, you might not want to admit that publicly. All right, what about you Kathy? Are you going to be speaking from personal experience and knowledge here or are you going to be as lost as I am?

Kathy:
Well, I was a college football fan when I was a cheerleader in college many, many years ago for a very not great-

Dave:
Oh, you were a professional college football fan then. That was a formal role for you.

Kathy:
I went to a tiny college in Spokane, Washington, so no, it doesn’t count. And then I was also a fan when my daughter went to San Diego State, so there were some good tailgate parties there. But otherwise, no.

Dave:
All right, well if I’m giving it away, I really know nothing about college football.

Henry:
Dave, are you the go sports, do the thing with the points kind of guy?

Dave:
No, I actually am a sports fan. I follow the NFL. I actually, I’m the one remaining MLB fan in the entire country, so I like sports, but I went to a D three school and never really got into college sports. Also, growing up in New York, there’s a ton of professional sports teams, but there’s not a lot of good college sports in the New York City area, so it was just easier to be a professional sports fan. So I’m just kind of lost when it comes to college sports, but I think I’m pretty good at evaluating real estate markets, so at least I have some experience and credibility in this conversation.
All right, so let’s kick this off. Each one of us is going to represent one of the four teams in the college football playoffs. James is the luckiest obviously, and he is going to be representing the University of Washington. Kathy is going to be representing the University of Texas at Austin. Henry will be taking the University of Alabama. And I will be taking the University of Michigan.
So let’s start with James because he gets the easy layup and we’ll just let him roll off some hats and talk about his own backyard first. So James first tell us a little bit about the Huskies. What do we got to look for in the games today about the Huskies? And then tell us a little bit about Seattle as an investing market.

James:
Well, not only is Seattle the best investing market, the Huskies are the best team this year. They’re the number two ranked, 13 and 0, and this is the final year of the Pac-12, which is kind of sad to me because I grew up watching Pac-10, Pac-12 football, and now it just got obliterated and this is its last year, so we’re hoping we win the final championship game. And they’re going to smash Texas on Jan 1 and I do plan on going to the championship game in Texas, so I’m excited to go.

Dave:
James, do you have a ritual for watching the game? This episode comes out on the first. We’re obviously recording it beforehand, but you will be watching the game while everyone is listening to this. What do you do to support your Huskies?

James:
Well, I mean as soon as you put your underwear on, you got to put your gear on too, so it’s hats and jerseys right away. I will say my Seahawk rituals are a lot more aggressive, but you just got to rep them. And so I’m actually going to be in Australia randomly, but I will be repping the W throughout on all continents.

Dave:
All right. Well, that’s an image for everyone to think about during the game today, James, but why don’t you tell us about Seattle as a market? Obviously this is your backyard where you have built your entire career, so tell us a little bit about why Seattle is such a great market for you and what strategies people listening to this might want to consider.

James:
Yeah, I mean Seattle, not only the Huskies the best team, Seattle’s probably the best market that I know to invest in. And I know I hear a lot. They’re like, “Oh, it’s expensive. The landlord laws can be tough.” And those are all true things, but it is an amazing city to invest in general.
To give you quite a quick background of what it is, there’s over 4 million people and the unemployment rate is 3.9%. What makes Seattle so good to invest in is the median income is 97,000 and in the tech space it’s more like I think around 120,000 and we have a lot of condensed, very well paid, very well employed workers, and the median home price is only at 699,750. So for the income that’s being brought in, it’s actually somewhat affordable, but the reason it’s such a great market, we have built an amazing portfolio and we can cash flow it at 10% to 11% cash on cash returns every year.
We do this and the reason that it’s such a great market to invest in, it’s a heavy value add because what we have is we have a booming city where the tech is expanding. The reason the tech is expanding is because we have no income tax in our state and as these tech companies in San Francisco have to start competing with Amazon, right? Our two big anchors are Microsoft and Amazon, our big tech cubs. What’s happened is Google, Apple, and everybody else has had to come to our city because they can’t compete with the wages because anytime you’re making over 13% more than California, people’s quality of life automatically goes up.
So it’s a booming city and we’ve seen a lot of growth and the growth is going to continue. The tech expansion throughout the market is massive. Microsoft is building a ten-year campus build out. Apple’s investing in their campuses. Google’s expanding their campuses. That tech money is real money that’s coming in and building infrastructure. But not only can you make high cash on cash returns if you are into value add, we also make an average of 35% to 40% on our flip properties and dev deals. So it’s a high return business.

Henry:
Well, James, one thing I can’t agree with you on is I also wore Husky underwear, but that’s because it was the Fat Kid brand and that’s what I wore when I was a kid.
Other than that, I think what you meant to say was that Seattle is a great investment market for people who already have money. I mean the prices are expensive and that means you’re going to have to put a down payment down and 20% of $200,000 in the Midwest somewhere is a whole lot easier than 20% of $550,000 for a fixer upper. So I think you have to get pretty creative if you’re a new investor who doesn’t have a lot of money to be able to jump into a market like Seattle and take advantage.
I agree. The margins you have, man, I get jealous when I see your profits and your proceeds on a flip because you’ll make on one flip what takes me like four or five to make, but it seems a little riskier as well. So Seattle scares me.

Kathy:
Yeah, I agree. I mean, Seattle’s a great place to invest 20 years ago. I wouldn’t invest there unless I were James Dainard and really knew how to do it or if there were little pockets outside that are growing or yet to be discovered, perhaps that could work. But the people I know, Tarl Yarber for example, he’s not doing the buy and hold and I’m a buy and hold investor, so I don’t think it would work for me.

Dave:
James, what do you say to that? Do you think regular people can jump in?

James:
Regular people can jump in. We work with clients all day long that are regular. It works for any types of price point just because certain pockets of Seattle are expensive, that is for sure, but there’s also very affordable pockets too. You can flip a house and buy it for 350,000, sell it for 499. You can buy rental properties in the 350,000 and they just need a little bit more work.
The beautiful thing is about being in an expensive market though, or more expensive market with the big equity positions, it allows you to leverage more. So you don’t need as… Even though the pricing’s bigger, you can get deeper discounts with bigger equity positions and so you can stack your leverage if you want.
And as an investor it’s about figuring out that market. The first deal I ever did, I had to take 100% financing on and pay for it, but it gave me so much equity. It gave me the gunpowder. I could start rolling it from there. So that first deal can give you that cash to grow very quickly.

Henry:
You heard it here folks. James Dana is going to give you the cash for your first deal in Seattle, Washington to get you started.

James:
And remember what I said, I paid a lot of money for that money, so just you wary the rates.

Dave:
All right, James, you’ve done a decent job defending yourself, but I think all of James’s problems, James’s opinions are a little biased given that he’s only ever invested in Seattle. So let’s go to a different part of the country, one that has been really in the center of a lot of news over the last couple of years. Kathy, you’ve got the University of Texas at Austin, Texas. Tell us a little about the team. I’d love to hear your recounting of what the team is like. And then tell us about the market.

Kathy:
Well listen, if I were 17 years old, I would definitely consider going here. The team is the Longhorns of course, record 12 to 1, win probability of college football playoffs at 25%. James is shaking his head.

Henry:
James has no chance.

Kathy:
Austin is cool, Austin is weird, that’s what they say. It’s a great place to invest for the long-term. It’s been the darling of real estate investors for years and right now it’s a buyer’s market. And Realtor.com just came out and forecast that for 2024 actually prices they’re forecasting will continue to decline. They said 12%.
So is it a good time to buy right now? Well if you can get a great discount, better than 12% probably, but I think Austin will be a great place to get to know and understand because prices appear to be coming down. They have in the city and in the Red Rock area come down about 10% as I understand it. Some markets probably even more. So this is a city that is growing. It’s the new Seattle. Sorry James, but you’ve got Google, Tesla, Amazon, Apple. You’ve got SpaceX, Metta expanding. Billions and billions of dollars coming in there.
Just Elon Musk alone with Tesla’s bringing in 10,000 jobs and if you heard him on his other recent podcast, he says that brings in six X that or whatever because then there’s all the services needed. So Austin’s not slowing down in growth. It’s just that prices went up so dramatically over the last few years that it’s tapering off, coming down, and that to me says there could be a buying opportunity in 2024. It would be a good time to really get to know the neighborhoods.
Now if you’re going to go and move there and hold, great, especially if you can get a duplex or a fourplex, rent those other units out and hold it for the long-term. I do believe that Austin, right now the median home price is $459,000. Compare that to Seattle, which was 699,000. I really believe Austin is the new Seattle and again, sorry, but I think there’s room for growth just not next year, not in 2024, but when prices are down it’s a buyer’s market. You want to buy in a buyer’s market.
So many times people get this confused and want to buy in a seller’s market when everybody’s buying and the seller has the power. Right now you have the power. So I would keep an eye on Austin. You’re still not going to cash flow as well as some of the other cities that are also growing in Texas. That’s why we focus on Dallas where the median home price is lower.
We’re looking at San Antonio. The market, that whole area between San Antonio and Austin is going to be one metro area like San Jose and San Francisco where that just all grew in. I think that’s going to happen there between San Antonio and Austin. So lots of opportunity if you buy right and can hold it. Maybe good for flipping if you know the market well and not maybe this year, but in the years to come.

Dave:
Poor, poor Kathy. We are giving her the number one biggest correction market in the entire country to try and defend right now and you’re doing a very admirable job of it. I will give you that.

Kathy:
Thank you.

Dave:
But I’m just joking because there is this kind of weird dynamic right now where with many of the markets that are seeing the biggest corrections also have some of the long-term best fundamentals, like the best population growth, the best economic growth, the best job growth. So it is actually an opportunity and I’m just teasing you, but I do think it’s one of those markets that you have to be pretty careful with.

Kathy:
Yes.

Dave:
Kathy, if you were moving to this market, you said flipping, are there any other strategies you think people should consider?

Kathy:
If you are in California and you’re moving to Austin, it’s still super cheap. So I see people doing that and I have friends doing that. And they’re buying homes that they can fix up and they’re going to live in for a while and I think they’re going to do really well, especially if you’re buying in some of these areas where all that growth is happening, which is kind of everywhere honestly. So yeah, if you’re looking to live there, I think you’re going to do well over the long term.
If you’re looking to build something potentially, honestly, I wouldn’t do it in 2024. I would do it towards the end because like I said, Realtor.com came out with their 2024 housing forecast. It’s not looking good for Austin in terms of prices. It looks like it’s still coming down. But we also saw mortgage rates come down, so who knows? Who knows? You got to know.
It is just like James said, he’s making it work in Seattle. If James can make it work in Seattle and you know Austin well enough, I tell you right now there’s listeners and I’d love to hear it in the comments I want to hear from you guys. There’s listeners who are making a ton of money in Austin. They just know it well enough to be able to make that work.

Henry:
I agree. I think it’s a different investment mindset with a market like Austin because what Austin’s going to be good for is like real wealth accumulation. If you can get in now and negotiate a really good deal because of the rates are high and there’s not a lot of competition, people who are selling now need to sell or else why else would they be doing it?
And so if you could get in, find yourself something now and maybe it doesn’t make you a ton of money over the next one to three years, maybe it doesn’t make you much at all, but if it’s going to increase in value by 50, 70, 100 thousand dollars over the next five years because as rates drop and demand goes up. People want to live in Austin because it’s cool and it’s fun and there’s huge amenities. And for all that cool and fun, you get it at a more affordable price than living in a coastal city.
And so there’s any place that’s got a reputation like that people are going to want to move to and they’re going to want to own homes. And so if you’ve bought some of these properties now when you can get in at a good price and capture that appreciation, real wealth is built through appreciation and debt pay down over time. So it’s more of a long-term play. It’s not really like you’re not going to get month over month phenomenal cash flow in that market unless you are a market expert and know where exactly what pockets you can go do that in. So it’s just a different strategy, but that doesn’t mean you can’t make money there.

Dave:
All right. So James, has Kathy convinced you that Austin is the new Seattle? And are you going to pick up shop and start flipping homes in Austin?

James:
Hey, I do like Austin. And part of the reason I like Austin too is it was a little bit more of a bubbly market and so it’s getting more overcorrection. So I do think that the market’s in a little bit of a panic still there so you can get some good buys and the market’s scared. There is some good buys there. I agree with Kathy on that, but that’s the reason why Seattle is actually better than Austin.
It’s less bubbly. I’ll be honest, it’s a less cooler place to live. And so during the pandemic they saw way more surge in population than Seattle saw because it was a cool swanky place to live. And I get it, Austin is a really cool city. I like going there. I would invest there, but Seattle’s a lot more stable. We didn’t get the surge because Seattle’s just a little bit rainier. It doesn’t have that same coolness of it, but the stability is why I like Seattle a lot better than Austin.
And speaking of which though, on the football, how did Texas be 12 and 1 and they’re favored to win? Everyone’s always hedging against Seattle. They gave us a 12 and a half percent chance and they have a 24. Texas has a 24% chance. We’re going to see how this goes, but I guarantee you that the Huskies will win and I also guarantee you that Seattle will make you more money.

Dave:
Are you going to guarantee it with your own money, James? If someone loses money you’ll reimburse them?

James:
Actually I don’t want to ever guarantee a return, so come find us and we’ll help you out through the process.

Dave:
SCC has entered the chat.

James:
Yes. That is not a guarantee.

Dave:
We’ll add a disclaimer at the end of the show.

James:
Stability is key and Seattle has proven over the last 18 months it’s a much more stable market.

Dave:
All right. Well, Kathy, thank you for bringing that information for us. So far James has represented Seattle and his hometown favorite and his alma mater, the Huskies. Kathy represented the University of Texas in the Longhorns. Now Henry, we’re moving to your neck of the woods with the University of Alabama. Tell us about the Crimson Tide and Tuscaloosa.

Henry:
Alabama. Yeah man, this is right in my [inaudible 00:19:50]. I live in essentially a market that’s pretty similar to Alabama being Fayetteville, Arkansas, mostly a college town, but what’s cool about Alabama is there’s a lot more market dynamics than just the college. When you look at the economy in Tuscaloosa Alabama, not only do you have the University of Alabama there providing tons and tons of jobs, but you’ve also got the healthcare system in Alabama and Mercedes has a manufacturing plant where they manufacture a lot of the SUVs for Mercedes in Alabama. So there’s lots of jobs to go around.
You’ve got a fairly affordable median home price of just over $200,000, but what’s cool is you’ve got a median rent of $1,600. So that’s a pretty good rent to purchase ratio and it’s got lower vacancy rates than the national average.
I’m sure a lot of that has to do with college or student housing, but when you couple the average salary, well the average salary is just under 55,000 a year. So when you couple an average salary on top of good jobs, population growth that’s growing year over year, with a pretty decent median rent price and a pretty low average home price, it’s a great place where you can actually buy properties that not only are going to cash flow, but they’re going to stay rented with lower vacancy rates.
And with lower vacancy rates, that just means there’s less competition. If something’s on the market for rent, it’s typically going to get rented. And so you’re able to know that I’m going to have tenants consistently that are going to pay a good rent that’s going to cover my mortgage plus my expenses. I’m going to have people with great jobs in more than just one industry.
Excuse me. Yes, it is not a sexy place like Seattle or Austin, but there are still plenty of fun things to do. It’s a college town. Trust me, I’ve been to an Alabama football game. Them people are not short of having a good time out there. There’s plenty of good times to be had out in Tuscaloosa Alabama. So I think it’s a great place to invest your money. It’s got great fundamentals and market dynamics.

Kathy:
Yeah, that sounds like my kind of market. Look at that median home price 208,000, median rent 1600. Those numbers work, especially if you’ve got student housing and could rent per the room. I haven’t done that, but boy I bet it could be lucrative. So I’m a thumbs up.

Dave:
I like this one because it’s actually a college town. Obviously there’s giant universities in Washington and Seattle and in Austin, but I’ve never been to Tuscaloosa, but we did another show where we were representing markets and I did some research into Tuscaloosa and it does really feel like sort of the engine of that city.
Henry mentioned there’s car manufacturing. There are other industries, but it does really seem centered around the town and that there’s a lot of attractions around the university. They’re building arts facilities there. And given the spirit of the show talking about what the best college town is, I do like the idea of a place that is really sort of fueled bye the university itself.
Henry, tell us a little bit more about the game. How much fun did you have?

Henry:
Well, I mean it was a good time had by all. We did some partying before the game and then we went to the game. And I don’t know if you know much about Alabama as a football team and Arkansas as a football team, but we don’t really do well when we play them. So we weren’t at the game the whole time because we were having more fun at the places we were at prior to the game. So we hung around, we cheered, the game was over by halftime and we went back out and drowned our sorrows.

Dave:
That sounds about right. Well I’m glad you at least enjoyed yourself.
All right, well so now we’ve gone through Seattle, Austin and Tuscaloosa Alabama. So we’ve sort of had two more expensive markets, but great strong fundamentals, a lot of economic growth. Then Henry brought us Tuscaloosa, which is more of a college town, a big city. It’s almost got 278,000 people. So a big city, but a much more affordable city.
And the last market that we’re going to be talking about today, I will be bringing you, which is Ann Arbor, Michigan and the University of Michigan with the Wolverines. And I got to tell you guys, I am very excited that Kailyn our producer assigned me the University of Michigan because I have been to a grand total of one college football game in my entire life. Well, I went to some D three games at my college.
But a D one college game and it was at the University of Michigan, I was a sophomore in college and I drove to see some friends and using Henry’s evaluation technique of how much fun you had at the party. I am convinced that Ann Arbor is the single best real estate market in the entire country because we had a very good time at that college football game.
But really Ann Arbor is actually a very interesting market, sort of similar to Tuscaloosa. It’s really centered around the university but has a pretty big population. It’s 366,000 and it’s actually one of the biggest universities in the entire country and has pretty good fundamentals.
So it’s a high income place, the median income is nearly 80,000, but the median home price is only 381,000. So if you compare that to just absolute garbage markets like Seattle where their median income is higher, it’s, yeah, 97,000, but their median home price is 700,000. So the rent to price ratio in Michigan is a lot better. It’s actually growing this year. We’ve had price growth of 3%, which is certainly better than Austin, which is just crashing right now. And we also have a solid rent growth.
So from where I’m sitting, not only is the University of Michigan the best investing town, but it also is the favorite to win the college football playoffs with a 38.5% chance of winning. So I’m feeling pretty good about Ann Arbor right now.

James:
Michigan is my second favorite college football team and I will rep them. One of my most cherished items I have in my house is a signed national championship hat by Charles Woodson and so I do rep the blue.
But as far as investing goes, I think the big point that Henry and Dave are missing on their affordable markets, I get it, they’re really good for cash flow. There’s great rental metrics. You can do well on cash flow if that is your plan and goal.
But even if you’re getting your and you’re making $500 a month on a unit, on a single family house, that’s great cash flow. That’s six grand for the year. On one deal in Seattle, I can create an a hundred thousand dollars equity position once I’m done renovating it. It’s going to take 18 years for both of your markets to catch up after 12 months with the equity position we’re going to gain. And that’s why I like Seattle over Ann Arbor and over Alabama. You can get those huge… You can get 20 years of cash flow in nine months by just strategically adding value to that building.

Kathy:
Yeah, I would agree with that.

James:
Get the juice.

Kathy:
They’re just two different worlds. If you are trying to grow wealth, you’re not going to do it in markets that don’t grow in equity, but you will get cash flow. So it just depends on where you are. If you are wanting cash flow now, and some people do, some people have already made their equity, they want to invest it and just live off the cash flow and if that’s you, that could work or if you just don’t have a lot of money a $200,000, property is going to be a little easier to get into than a higher priced one. So again, it just depends on where you are in life, but if you are trying to make equity be in equity markets, not in cash flow markets.

Henry:
Dave, I’m not going to argue too much with you here about Michigan. I think Michigan as a state in general is a pretty slept-on real estate market that has great fundamentals outside of even Ann Arbor. It’s a place where you can really, really get some cash flow. And then in markets like Ann, Arbor and some of the other more popular areas in Michigan, you can get cash flow and appreciation.
A lot of people just don’t think about Michigan as a state to invest in because it just seems to be one of those states people forget that’s a state, but it’s also you’ve got… It’s the weather. I think people see it as this cold weather place and they don’t want to live there and so they don’t think about it from an investment standpoint. But Michigan in general I think is super slept on great market fundamentals. If I didn’t have such a good real estate market, I would be looking at markets like Michigan and Ohio, these cold weather states that have great dynamics.

Dave:
Well thank you Henry for supporting me. I really appreciate that.
Now that we have the information for all four college markets, I want us all to vote. I know we are representing the city that we were assigned, but I’d like your honest opinion. We all know what James is going to say. He’s going to say Seattle-

Kathy:
That’s easy.

Dave:
… but let’s just give him the opportunity to say the obvious. James, go ahead.

James:
Go Huskies. Seattle. I know what I know and I’ve lived what I’ve lived and I can tell you it makes huge impacts to be in this major metro city.

Dave:
All right, so we’ve got one vote for Seattle. Kathy, are you sticking with Austin or where would you vote?

Kathy:
I really am. This is one place I might even be okay with negative cash flow, not really, but Austin is booming and the real estate prices aren’t right now, but they will. They will over time. So if I had to choose between the four, it would be Austin. If I didn’t, I’d be right outside of Austin in maybe some of the other Texas cities.

Dave:
All right. Wow, two homers so far. Henry, what do you got?

Henry:
I’m going to give two answers and neither one of them is the market that I represented. So if I was thinking now in my current investment journey where I’ve already built a portfolio, I have income coming in from not just real estate but other parts of businesses that I own. It’s not just about cash flow anymore for me. It’s more about true wealth creation, equity appreciation, and tax benefits.
And so I would look at Austin and get in and start buying really good deals even if they negatively cash out for me. If I got to feed a deal a hundred dollars a month, but that deal is going to increase in value by 20, 30, 40, $50,000 a year and that deal is going to offset my tax bill by 40 to $50,000 a year. I mean I’m going to get way better appreciation there than I am in my current market. And so if I had to choose one of the four as an investor that the place that I’m at right now, I’m going to look at Austin.
If I was a new investor and I was getting in the game and wanted to get my feet wet, wanted to get some cash flow, wanted it to be more affordable, less risky, I’m probably going to look at the Michigan market. I just think the fundamentals are great with the population, the economy, the average rents, and the entry price for the homes. I think you’re going to get a little bit, you got a little bit of everything, a little cashflow, a little appreciation. It’s not a ton of risk, much safer play.

Dave:
All right. Well I’m voting for my own, which is Michigan, and this is actually genuine as well because of what Henry just said. Where I am in my investing career, I do still want to get appreciation, but I’m looking for at least modest break even cash flows so that I don’t have to feed any money into it ideally. And so when I’m looking at Michigan, I really like that.
I like Alabama too because I like those cities that really have consistent demand due to the college atmosphere. You’re always going to have professors. You’re always going to have students. There’s always going to be a little bit of tourism people coming into these types of places. So I really like that. So I don’t really know where this puts us because Henry voted twice.

Kathy:
No, Henry said Austin first. Austin wins.

Dave:
You’re just more convincing than I am Kathy. So we’re going to let Austin win. I think that’s a good market.

Henry:
You’re a smart man, Dave.

James:
You know what? Good for Austin.

Dave:
It also has excellent food and I like hanging out in Austin, so I’m willing to give it to you.
All right, well I’m curious to see what actually unfolds today, or if you listen to this after the day of recording, you’ll already know what’s going to happen. But hopefully this information helps you understand these four particular markets. But I think more importantly, we do these types of shows to help you understand how to think about different markets.
Most markets in the United States can make money for investors really in any type of conditions. Just look at James, right? He is investing in a very expensive market and doing it very, very well. You look at other people who are investing in less expensive markets like Tuscaloosa and are probably also doing really well given their personal situation. And so we hope that these types of shows help you understand where you are in trying to align the right types of markets, the right types of strategies for where you are in your investing career.
If you like this show, please share it with a friend or give us a good review on either Spotify or Apple. Thank you all so much for listening and we’ll see you for the next episode of On The Market.

Dave:
On the Market was created by me, Dave Meyer, and Kailyn Bennett. The show is produced by Kailyn Bennett, with editing by Exodus Media. Copywriting is by Calico Content. And we want to extend a big thank you to everyone at BiggerPockets for making this show possible.