Success:  Signing a deal with First WatchFailure: Bought a retail condo, not realizing the low ceilings were such a deal breaker for a lot of tenants.Pain: A lot of turnover this year, especially in light industrialAha moment:  Mortgage note investing needs to be a larger part of my portfolio2025 Goals: Less Investing and more pickleball!

This isn’t about chasing high-growth markets; it’s about addressing systemic issues that impact quality of life and economic stability.

You can go as low as 2.5x in some cases but NJ tends to produce enough traffic/applicants where 3x should be minimum unless property is over priced.

It's a combo of low housing supply, higher interest rates vs. seller expectation, and a poor economic outlook for the country.As an investor with a few rentals it's like like the parking brake is stuck on.

Quote from @Bonnie Low: Hey, Colin!

Looking to cash flow on low entry homes in some pretty nice neighborhoods close to where I grew up.

Nor would I pay retail for a property with that low proforma return even though I like PR.  

We are in a very low tax bracket this year but should be 10% higher in 2025.

I don't think we go super low.

Finding handymen is NEVER easy:( Often, you have to use trial & error method and weed through several before finding one that is acceptably (never pefect) reliable, quality, will fix warranty issues and has decent prices.Try visiting a Home Depot 6-8am on a Saturday.