But don’t let this downturn deter you—there’s still plenty of potential for those who understand how to navigate the evolving landscape.The median sale price for townhomes and condos has edged up to $320,000, a modest 1.6% increase from last year.

Unlike a BRRRR strategy, an ADU offers an increase in living space and potential income, contributing long-term value and stability, especially as the real estate market evolves.4.

With OSU having a medical school, it seems like MTR will be a good pivot.Not knowing exactly what you want to know about running operations, I will say that I created an evolving SOP that I follow that starts with a generated lead to after check-out.

The upcoming NMHC conference in 2025 will provide more insights into these evolving dynamics.

I've primarily worked with investors in this industry in off market acquisitions, now I'm ready to start the journey of becoming one myself:) Cheers to evolving as an investor.

It will be interesting to see how the business evolves in the coming years but my hunch is anyone who is charging hourly unless they have significant credentials will be pushed to the side.

Vacasa and Evolve sometimes look for local people to help service their units and there may be an opportunity there for you to learn on the job.

Your concerns about liability protection are valid, especially as your portfolio grows and the legal landscape evolves.

You could do a limited service (outsource booking + guest communications) to a company like mine or evolve for a lower fee and then manage your own maintenance and cleaners.

As we move deeper into the third quarter, it will be interesting to see how these trends evolve and whether the strong demand can sustain the positive momentum in rent growth across the country.