The original “cash is king” was a saying that was developed during the ultra high interest (mortgage rates hit 18%!)

Property management is a luxury.

The shift in rate environment could also accelerate the luxury STR market as inventory is exceedingly low and jumbo rates have fallen precipitously. 

My good friend has already had a lot of success in real estate and is an ultra high income earner.

Hi Sean..fellow Canadian born in Oakville here..I work with international investors regularly here on the Oregon Coast primarily with coastal luxury STR’s and multi family.

My goal is to avoid luxury or extremely expensive communities, as I believe the rental income wouldn't justify the high property prices.I'm particularly interested in up-and-coming neighborhoods with significant potential for property value growth.

A few sellers in luxury markets care, but they wouldn't remember if it was not for the sign in their yard.Don't get into analysis paralysis when choosing a brokerage.

Also, what improvements would you need to make to get more rent if condition is an issue.PM is a luxury.

I have customers that regardless of advice still want to buy in high end neighborhoods and buy luxury homes and hope for appreciation over cash flow.

Our BR house is way more luxurious and has more activities, but our Morganton house has an amazing view and it books more.