I am seeing quite a few new properties come on line there so it worries me a bit, but we have a great property, excellent reviews and I think we'll book well next year barring any economic calamity.

I happened to start learning about private equity funds, stakeholder capitalism, and the housing crisis last week and also started getting more active on the BP forums.I posted about struggling with finding investors for syndication and got some good comments about why this is the case for many syndicators right now.One comment referred to something about FEMA flood insurance rate maps and that rang a bell in my head about a random old piece of land I got a few years ago when I was heavily into tax deed auctions in Florida.

Mortgage applications are negative YoY, and remain near the lows during the Financial Crisis.

Commercial real estate values, particularly in sector like self-storage is less prone to economic volatility, offering a more secure investment option.In fact, certain real estate classes like self-storage outperformed during the Great Recession.

A good way to forecast rental demand is to also look at economic data from FRED - population growth over the past few years, median housing income, job growth, crime rate, schools, ethnicity mix, etc.

Instead of trying to guess the future, let's talk smart moves:First,chat with a lender, get pre-approved, and figure out your budget with today's rates.Stay in the loop with market trends and economic news, but don't let them stress you out.Think about different loan options – it's not just about the lowest rate.And seriously, don't wait for the "perfect" market.

My recommendation is to choose cities in safe and economically diversified areas with above-average income and population growth.

I made some resources that help my investors identify economic growth areas to invest in.

Additionally, thoroughly research the local real estate market, economic conditions, and renter demand to make an informed decision about whether the condo purchase aligns with your investment objectives.

Inching closer to the 7% mark, the 30-year fixed-rate mortgage has climbed to 6.90%, up from 6.77% last week and notably higher than the 6.50% recorded a year ago, according to Freddie Mac data.After a period of smaller rate movements offering some relief to homebuyers, recent signals from the Federal Reserve hinting at delayed rate cuts have sparked an upward trend.Sam Khater, Chief Economist at Freddie Mac, emphasizes that strong economic and inflation data are driving this shift.