With Guesty, have you noticed an increase in the number of your bookings?

interest rates going down, would increase demand for goods/services, thereby increasing inflation.That's the theory anyway, but supply side inflation can be plenty dangerous as well.I think the 2024 outcome will just continue to benefit property holders, if you already own, just sit tight.

YoY is up marginally.Rentals - Availability by MonthThe number of homes for rent increased slightly MoM, conforming to the seasonal trend.Rentals - Median Time to RentMedian time to rent increased slightly MoM, (28 days vs 27 days in September), conforming to the seasonal trend.Rentals - Months of SupplyAbout 1.8 months of supply for our target rental property profile.

@Caleigh McDonough age old question.How long will it take you to save the extra funds vs how much the property may increase in price over that time?

Much of this type of business simply comes from portfolio management, tweaking a portfolio by one entity releasing inventory and acquiring more, it increases the yield by conducting exchanges over having a note sit there paying to maturity.

Seeking Advices and suggestions on what type investment is the bestMultiple Single-Family Rentals: Diversifying into several single-family homes can spread risk and potentially increase returns.Multifamily Properties: Investing in duplexes, triplexes, or larger apartment complexes can offer higher yields and economies of scale.Specialty Properties (e.g., Event Venues): Purchasing a property like a ranch for hosting events is possible

Renewals and rent increases- Research market rates; 3% is fair, but adjust if you’re far below market.

Irvington is very similar to newark, which has very strict laws with regard to rent increases. 

This increases the perceived risk and perhaps the legal fees to put in place and then defend if necessary. 

I would increase their deposit by that amount to ensure you have enough to cover an empty tank and a month of lost rent.