See what $ homes are selling for and in what area, condition, style etc.

The quick sale reinforced the importance of identifying low-risk opportunities and capitalizing on market conditions.

The multifamily real estate market is gaining momentum as we close out 2024, driven by easing financial conditions and attractive cap rates, according to Marcus & Millichap's Q3 report.Cap rates have surged to an average of 5.8% between July 2023 and June 2024, marking a 110-basis-point increase from 2022's low and the highest level since 2014.

The townhome is newer and in excellent condition. 

@Jill Hutsonthree reasons why apartments don't rent: Condition, Price, and Marketing, and a fourth can be the leasing agent, although I would tend to lump that into marketing.If the house is in good shape, and you're on all the platforms marketing it, then it's a function of price.There has been an oversupply of new inventory coming on line in many markets, and that's why rents have dropped in a lot of the metros.Unfortunately, it appears you have a pricing issue and you may have to start reducing the price, or throwing in some type of  concessionGood luckGino

I am a sponge and will take all the good advise you would like to share regarding; avg. commission %, conditions of exclusive buyer rep agreement, your thoughts on locations, any on and off market properties you have, and possibly figure if we can build a team to make a dent in this wild real estate market we are in.

The property can be in any condition.

Lenders often consider a percentage of that rental income when assessing your borrowing capacity, which could make it easier to qualify for a new loan.Market Conditions: Analyze the real estate market in both your current area and the area where you plan to buy.

It’s also worth understanding how they adjust pricing to adapt to changing market conditions and seasonality.

Poor props with prices to high those are sitting.. so just dont do that if you want to move inventory.I am not a buy hold investor like most of BP  we have income property but its not my focus I have a 10 unit in oregon in contract see if that closes.. we got a very good rate from my local commerical bank  1/2 point 6% so that seems pretty goood.It sounds like your business is thriving despite current market conditions, especially with the presales you're closing and how you're approaching your Capital partner business.