Keep in mind that Wayfair is not a manufacturer, they are a screen scraper and drop shipper.

Pittsburgh ranks #5 on Marcus & Millichap’s list of high-yield multifamily markets.Pittsburgh’s unemployment rate (4.7%) has dropped by 17.5% over the past 5 years.Pittsburgh is experiencing a demographic shift.

Quote from @Chris Seveney: Quote from @Devin James: In 2021, we saw buyers upgrading to larger homes, taking advantage of 3% interest rates to afford an extra 300+ square feet.Today, smaller homes are selling much faster as higher rates make additional square footage less affordable.While rates are historically average, I don’t see them dropping significantly.

Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.

Mark, yes as soon as April came, i noticed a 20-25% drop in bookings.

In my opinion, even if you partner with a local PM company or turnkey operator your returns will drop significantly.

Listing agent dropped the ball.

But I said at the time that one day I’ll be in a position to take advantage of dropping prices, and I think this is the time.

Maybe you planned for interest rates to drop and they didn’t.

Hi Mattin,As we’re already chatting via DM, I’ll keep this brief, but I wanted to drop a note here for anyone else considering Detroit.