Explaining the reason for the increase and providing some market data to show how rental prices in the area have risen could make things clearer for the tenant.

Huntsville is steadily growing and has been for the last few years.

Current market conditions, especially with cap rates having risen from the low 4s to over 5-5.5%, essentially wipes out LP equity when the value of properties went down at least 30%.

While prices have risen, there are still good opportunities for fix-and-flip projects if you can find properties at a discount or in need of renovations.That said, market conditions can shift quickly, and Tampa has become more competitive.

Hey Joe I am a budding real estate investor on the Southside of Atlanta so I cannot help a whole lot with knowledge on the Northside of Atlanta other than I have heard that Rome and much of I-75 North of Atlanta is steadily growing and attracting more people.

AIr BNB just put out a report that in the past 2 quarters the occupancy over the top 10 major markets has been steadily going back up by 7- 9% per quarter and may be back to pre 2021 numbers by 1st quarter next year.

Indy is up on average 3.7% YoY in median sales price.Inventory on the market has been steadily rising.

John - I would check with Steadily (associated with Bigger Pockets). 

Despite a slight decrease in total sales (-1.2% compared to 2023), average home prices have risen by 8.5%, with median home prices around $275,000 as of August 2024.

I got the best rate and coverage from Steadily Insurance for my rentals in Denver!