**Not sure if this graph loaded properly**  The main factor leading to the drop in multifamily sales prices could be the increase in inventory (33%) in 2024 compared to last year. 

I’m contacted multiple times a week by individuals who buy lousy real estate in Philly and I hear “ but the agent told me” or “the wholesaler promised me” it was a legal use…the rents would increase…..I could rent this section 8 and achieve xyz rent etc. etc.  

The largest rent increases were seen in Cincinnati (+3.4% YoY), DC Metro (+2.9%), NYC Metro (+2.8%), and St.

However, the property taxes increases in my area and now the rent no longer covers the mortgage.

There is a large demand for efficient distribution and storage of goods, thus many investors are looking for ways to increase their financial performance while continuing to remain competitive in the market.

To improve cash flow, consider increasing rents, exploring short-term or mid-term rental options, or leasing units at higher rents.Good luck!

If your town has tourism appeal, converting to STR could potentially increase your returns.There's also reasons to consider selling:Market conditions: Michigan's real estate market has seen significant appreciation in recent years.

However, we can see that the increase in listing inventory may have caused prices to soften as the summer progressed.

Cash flow has been compressed for ALL asset types by the increase in interest rates, and there is also increased competition for STRs. 

The important points often glossed over are (1) is the buyer providing their personal guarantee to the seller for the note (2) is the seller maintaining a wrap position so they can foreclose in the event of default and gain ownership (3) is the buyer putting up additional collateral (4) how large is the down payment (5) what is the LTV (6) is this a personal residence for the seller or investment property (7) will the property cash flow and if so what will the cash flow be (8) is the property in a increasing, declining, or stabilized area (9) is the property being sold at market value, or above market value because of the low interest rate of the existing mortgage and (10) how experienced and what is the track record of the buyer, and is the buyer purchasing a property for investment or to live in or otherwise use.