For 2025 we are assuming it will rise at $1500-1600Same townhomes pending at $260’s; if we upgrade kitchen/bathroom around $275 upCurrent tenant leaves Dec 31, 2024 Assuming rent stays the same for LTR, we will be cashflow negative since Home/Hazard Insurance and Taxes will increase inevitably.Should we:1.

Structuring your lease in this way would benefit you by 1) locking in a longer term contract to avoid turnover costs and vacancy loss; 2) it moves your lease end date out of the winter season and into spring/summer of 2026 so it can be more easily marketed and re-rented to match the seasonal demand cycle; and 3) it avoids any upset/angry tenants who may have been incorrectly assuming their rent was going to stay in the $1,200 range after their first 6-month lease term.Would love to hear any updates you have on how this one shakes out for you though!

Turn over is good too ,most of them stay at least a year.

The students have been allowed to live all over the west side of the city, and student rents stayed pretty steady (though they have increased every year that I've been doing leasing). 

Stay active, keep learning, and get advice from people or pros you trust.Good luck!

There is what they call a stay on the property in residential cases for at least 30 days.

There are always people entering the market and leaving the market all the while the many investors that do this for a living will stay and grab deals.

And I just did a big write up on it.Short of it is it does well, and no I'm not removing mechanicals between stays lol

For his first two years here he stayed in a rooming house, because he couldn’t afford his own house or apartment.After World War II this country “got rich”, affordable housing became plentiful as “the suburbs” were developed.  

@MikeLambert thanks for all the insight on Tulum I love the town and would like to purchase A condo For myself don’t care if it doesn’t make much money  but obviously would like a great location I am a dual citizen and want own property in MexicoI probably won’t stay there much if at all I just love to buy real estate one of my addictions 😂Searched online There are so many developments from $100k - $200k would be my comfort level if any of you guys have recommendations on location would appreciate it