Late last week we went live on booking platforms, and while reservations are slow, we received our first booking for Memorial Day weekend.

@Chris Rich The REAL short handed market in Orlando is the MTR's Fully furnished and not, with the market for buying and selling slowing here many not wanting to commit to another full year on their current lease and then of course those professionals traveling through or moving to the area that don't want the full year commitment.

Quote from @Engelo Rumora: Quote from @Michael Smythe: @Sunny Karen let's do a deep dive on this property listed as sold on their website:15095 SORRENTO ST, DETROIT, MI 48227if you do some searching on Zillow, the property does NOT show as sold and the last listing is from 03/17/2020.

Look for people that have owned for over 10 years, and get it from them off market even at a deep discount and do the work of fixing it up and renting it for higher, or if you want to buy on market I'd definitely recommend offering below asking, as most multifamily that hits the market in these areas are tremendously over priced. 

@Kristi PrattTo make smart real estate choices, think about rising rates, cash-out refis, and slow pay growth.

I learned that April and May are seasonally slow for rentals, since most people seem to move in the summer, and also that the market here in Wesley Chapel, FL is a bit saturated with excess inventory from all the new construction activities in the area.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I'm very intrigued by a property that is in a great neighborhood and will appreciate very strongly, but using any sort of financing on it the cash flow return is deep in the negatives for a couple years even though the ask price looks like a good deal compared to other houses around.

Am in the Denver area also (rental house in Thornton) and considering a property manager for the current slow period in October, at least for tenant placement.Thank you!

But, as we enter into a down cycle (we just don’t know how bad it will be yet) “experienced” and inexperienced people who have done Creative Finance Deals can find themselves underwater and missing payments and in deep trouble with the law.

It is probably a slow time for her, too.