Our agent is communicating to us that the market is simply slow right now, and that we need to be patient.

It sets you apart and actually gives clients something of value rather than simply seeing them as a wallet to get into.  

We all need to eat and all but, "I" would simply say to hell with the others and do what I suggested.Now, about lunch ...

To put it simply, I’ve been told that I do not have enough skin in the game myself in order to cash out some equity.We bought the seller financed with only a $30,000 down payment.

I simply just don't trust the news these days and have to look at my own markets and stats.I think the part everyone is conscious of is we saw a post-covid peak that in theory will not return, and we made a gradual return to 2019 levels.What I do think is true, per AirDNA, is that ocean and mountain markets saw the biggest increase, and now the biggest fall.... and now what's happening is many people, particularly older families who tried Airbnb for the first time, are realizing they never want to stay in a hotel again. 

I am wondering if I need/should draft up a whole new lease agreement or if I should simply use the old renewal addendum (i would remake the document as I only have a picture).Any insights would be appreciated.Thanks!

And since you control the phone number, if you need to change people its easy to simply change the login without having to issue new instructions to the tenants.

You just might simply not be able to work with who you want, for the price you want.

Jonathan,It depends on a few things if the 7/1 ARM is close to adjusting/recasting I would simply refinance into a 30 year fixed.

If your holdings are small (i.e. a couple of SFH), the cost of setup companies, annual filings, etc. may simply not be worth the cost.