NAR Says - Existing home sales fall to lowest level in nearly 30 years and Median housing prices rose to a record high"The National Association of Realtors released data that showed existing home sales declined to the lowest level since 1995 last year, with 4.06 million homes sold on an annual basis.Meanwhile, the median home price median home price rose to a record high of $407,500 in 2024."

While the prices are attractive, I'm concerned with its long term viability.

It's different market now and I am slowly getting back to explore to see if we can still cashflow in the new price.

I think I’ve covered my bases, but I’d love to connect with others working on similar models or interested in this niche.Looking forward to hearing your thoughts!

They have used Guesty, Hosty, and price labs to name a few. 

What i struggle with is pricing since i notice I'm usually one of the higher priced in my area.  

My wife and I have moments where we think maybe we should just cancel this but then we get excited about the new adventure and path it could put us on if we do move forward with this.

Purchase price: $205,000 Cash invested: $60,000 This was the first property I purchased.

If there isn’t significant equity capture at this purchase price, and it’s not in a great location, this would be a pass for me.

Look forward connecting with you, I recommend reaching out to Sean Daley.