Lastly, several brokers and developers are trying to boost their leasing and sales with high-tech virtual-reality tours.TWiRPAverage US Rate on 30-Year Mortgage Rises to 4.08 PercentAverage long-term U.S. mortgage rates rose this week, reaching high levels for the year.

If I were in your shoes, I would first take inventory of my entire balance sheet.

Regarding your concern about the area, in your shoes, I would speak to 2 or 3 property managers about the property, area, market rent, and whether they themselves would want to manage a property in this area.

So much of the "how to" in REI can be answered with some consideration, slipping on the other parties shoes for a spin around the living room and a bit of consideration of how things look from that other side of things, asking yourself what would be wanted if in that other position, and that generally answers it. 

The Days on Market (DOM) figure for single-family homes fell from 51 to 29;Total property sales increased 1.6 percent with 11,285 units sold;Total dollar volume rose 16.9 percent to $4.0 billion;The single-family average price increased 13.4 percent to $372,408; The single-family median price rose 13.3 percent to $300,000; Single-family homes months of inventory registered a 1.8-months supply, down from 2.4 months year-over-year and below the national inventory of 2.6 months;On a year-to-date basis, single-family homes sales are running 15.3 percent ahead of 2020’s record pace and 21.6 percent ahead of 2019.Townhome/condominium sales rose 11.7 percent with the average price up 12.1 percent to $240,994 and the median price up 17.6 percent to $210,000;Single-family home rentals fell 8.2 percent with the average rent up 9.0 percent to $2,115; Townhome/condominium leases fell 1.8 percent with the average rent up 6.3 percent to $1,793.Source: HAR

My question to you is, what would you do our shoes to get started investing NOW?

What would you do in my shoes?

Hi Lawrence, We were in your shoes a few years ago and wasn't sure if investing in ourselves was worth it, well we were WRONG!

-The Days on Market (DOM) figure for single-family homes fell from 51 to 29;-Total property sales increased 1.6 percent with 11,285 units sold;-Total dollar volume rose 16.9 percent to $4.0 billion;-The single-family average price increased 13.4 percent to $372,408; -The single-family median price rose 13.3 percent to $300,000; -Single-family homes months of inventory registered a 1.8-months supply, down from 2.4 months year-over-year and below the national inventory of 2.6 months;-On a year-to-date basis, single-family homes sales are running 15.3 percent ahead of 2020’s record pace and 21.6 percent ahead of 2019.

To move away, we either cut our lifestyle in half or figure out a way to give our portfolio a "make-over" to somehow squeeze more profit out of it while at the same time hiring management so that I don't have to work on it full-time..I'd love to hear any success stories of others who have been in our shoes or advice on what direction to take.