As we get into Q4 '23, and move into 2024, which cities are y'all looking at?

[V.G Jason]

I'm always curious about where people think the market, real estate market, etc., go and curious to which cities you guys are looking at for whatever real estate deal-- commercial, STRs, buy & holds, fix & flips?

I think the fed funds comes down to 4-4.5 by EOY 2024(mortgages for primaries in the low 6s, high 5s).

Targeting a few STR cities/areas-- Smokies for one, Angel Fire in NM. LTRs looking at Madison, WI, continuing in Apex/Cary NC, Myrtle Beach(for LTRs not STRs). Considering some others.

[Melissa Nash]

I like to diversify. You can do that by strategy or even state or break in down a million ways. 

This is my current strategy: 

1. STR's for cashflow & long term growth + plus I get to use them too. I call this a Vacation Rental Lifestyle. Where I get to use and enjoy them and they make me $.

2. Turnkey easy passive in high cashflow markets (Ohio areas and Birmingham) average 8-10% return year 1. Affordable entry and done-for-me.

3. Hybrid BRRRR in Memphis where the rehab team finds me the deals and rehabs them for a cost but they do all the work. Less income back that a traditional BRRRR but I literally did nothing.

There is plenty of cashflow to be had in these areas for me and I am able to keep growing.