Every day is a school day in this business.

This has led to what’s commonly called “interest rate jail,” where homeowners are reluctant to trade their low rates for higher ones in today’s market.

What does this mean? 

basically if anyone has any tips when it comes to researching plots of land in order to make the right purchase i would greatly appreciate it get with a realtor. we underwrite land at no more than 10% of after built value. in our market we build under the average new build value which is about 515k. we like to be around 420-450k and smaller footprint about 1500 sq ft with attached garages. we build close to urban core where everyone wants to live and net migrations match up. but suburban is fine. if you give more context I can help but in most markets land is a buyers market. most people aren't looking at it or buying it. 

I am hoping the Bigger Pockets community can help.

The property is located near two colleges, so I’m focusing on student tenants and planning for 12-month lease terms.Do you have any tips or advice for renting by the room?

Also my phone number is herein, call, am willing to talk/help.

This can often be cost-prohibitive. 

The other platforms can sometimes help, but they’re not as reliable.

This.