Overall, the surge in new apartment construction, introducing 440,000 units nationwide, underscored the direct inverse correlation between supply and rent growth in 2023.It is important to note that some markets such as Miami and Detroit have shown resilience posting continued rental rate growth figures indicating a fundamental strength in those markets as well as a secular shift in American demographics.Meanwhile, New York City stays consistent with an unprecedented housing crunch, reaching a 50-year low in rental availability.

I grew up playing competitive sports and it took me until I started working out to realize that to see results you have to consistently show up for long periods of time.

Prices then began rising in 2012.From 2012, we've seen real estate prices consistently trend upward and based on previous historical trends prices should continue increasing until roughly 2026.

When it comes to motivated sellers, the highest offer doesn't win.The moment offers become a deciding factor, you are dealing with the wrong audience.I consistently get offers accepted when my competitors offered 4X as much!

If we aren't consistent we're lying and letting down ourselves,everyone we've told we're going to do it and the people who follow and support us.If I can't keep my word, what faith does my family have in me?

I would consider this option only if I were truly at the end of my investing life and seeking to create an annuity-like income stream through a simpler and more consistent vehicle, saying putting it all in IVV and withdrawing a flat percentage every month. 

Passive  income is fairly consistent - especially to the bank.  

Any specific metrics or criteria that have consistently led to successful deals for you?

Yeah with the fluctuating occupancy rates, I'm finding it harder to run numbers than on a long-term rental with a consistent monthly rent.

When considering potential tenants, it is important to have a clear and consistent policy in place regarding credit scores and other factors.