We are already seeing softening in rents and purchase offers in San Francisco….But I am not expecting more than a 5-10% correction in prices in the SF Bay area over the next couple of years.

Starting to soften?

Starting to soften?

If you're buying a property at 5% cap rate, then you need to have your financial business plan assume that the market will soften and that you'll be selling your property for a good deal for the buyer and that the cap rate on sale will be 1.5 to 2 points higher... e.g. 6.5% to 7%.4) Buy properties that are renting below market and do value add so you can get higher rents for the value you provide.Those are the big ones.

The good thing is that even if prices soften the rental market has held up pretty well throughout, at least according to my research.

It seems that cap rates have softened, but only to the degree that interest rates have gotten up a tick. 

More and more comes online each day and there is plenty still due to come online over the next year or so and, from what I can tell, the market is starting to soften noticeably. 

We had a water softener in the house, but it broke and we intended to remove it from the property before renting it and did not disclose it as coming with the house.

Multi Family Apartment Buying have a lot of factors in different areas of the US no different in Florida.Florida is primarily depending on the Hospitality Industry and if that market softens your vacancies might rise.

Belleville is not too far, also Garden City and Ypsilanti.Could you househack to make the place more affordable and perhaps soften the blow of a high-ish sales price?