@Kyle Peters, I personally estimate 2 things per task to generate 3 estimates!

.- Jasper / Pat AboukhaledTurning investment visions into reality in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

Negative $455/Month and at that price/rent point, poor historical rent growth and appreciation.What is the expected source of return?  

But when we compare this year's figures to 2019 (the last normal tourism year pre-COVID), we see continued growth. 

Do you have a full-time job already, assuming you have extra time, do you want to spend it doing another brain-draining task or would you rather spend it enjoying yourself?

Balancing growth and caution is crucial for those leaving their W-2 job.Good luck!

Lesson from Radiant Young Adults night in Tampa – "Staying Power"Last Thursday's session reminded me:- Stay consistent- Play the long game- Consistency always beats periodic bursts of intensity- Consistency might feel “boring,” but that’s where growth happensStay the course!

It’s also worth considering things like the local market conditions, return on investment, population and job growth trends, and other economic indicators.

A few general tips - look for markets with strong economic growth - job growth, population growth, network with other investors in your area and check which states they are investing in, for out-of-state investing - work with someone who has your best interests at heart and is also an investor who can easily plug you in with their network (GCs, lenders, PMs).

However, since interest rates jumped up in 2022, new construction starts have dropped a ton in the area, so within the next 1-3 years the amount of new supply coming into the market will drop a ton, and we should see demand outpace supply again and start seeing organic rent growth come back. 2015-2022 you would see 3-10% organic rent growth per year depending on the property and submarket.