We currently have fixed interest rate at 2.85 on one home and 3.25% on the other 

Even at that price point, you may struggle to find a tenant, potentially leaving the property vacant for months.Here’s an example of a deal I’m currently working on:Purchase Price: $215,000Rehab Costs: ~$250,000ARV: ~$615,000Potential Rent: $3,600/monthUsing a $615,000 ARV and 75% LTV on the cash out refinance, with taxes and insurance, my monthly payment would be $4,267 using an 8.5% rate.

As we wrap up the year and look ahead to 2025, the real estate market continues to present unique challenges and opportunities for investors, brokers, and lenders alike. From fluctuating interest rates to evolving buy...

Where do you live and how far would you want to travel to manage the property? 

.: Hi there, my STR in the Hudson Valley, NY is currently insured with Proper.

I currently manage a portfolio of 17 STRs, some are mine, but a majority for other owners.

Companies are unlikely to consider cities with high crime or cities with high operating costs.You will need multiple properties to replace your current income.

I'm going to exclude my personal residence from this because I don't view this as an investment, I need a place to live.Excluding my primary residence my current breakdown is 47% real estate 53% stocks/cash. 

They see a renewal of the current business tax rates, regulation and permitting rules getting slashed, tax code being simplified, and federal deficits on a one-way ticket down the elevator (which are a longterm drag on economic productivity).Just look at the growth in tax code complexity over the last 20 years.

Local market trends: Could you share any insights into current rental market conditions and future growth projections for these areas?