Our team redesigned the interior and purchased all furnishings and decor to give a stylish, comfortable environment for guests.

Financed by securing debt on a different asset in our portfolio where we could get the best terms given the rising rate environment.

Our team redesigned the interior and purchased all furnishings and decor to give a stylish, comfortable environment for guests.

Financed by securing debt on a different asset in our portfolio where we could get the best terms given the rising rate environment.

In todays environment with higher interest rates there are less buyers in the market than a few years ago so waiting several years until rates drop to a more palatable range could lead to much higher returns.

It also sets a positive tone and builds trust with new tenants, showing them that their living environment is taken seriously and maintained with care.

The business environment remains healthy. 

From there likely a short spike due to the market being more reserved as the policy starts to take hold and lenders opting to raise rates a bit to be on the safe side while the policy settles itself in the new economic environment.

THEN ask about investing out of state.This isn't helpful advice for beginners that live in an expensive market and are trying to get started in today's environment.

1031 exchange sounds good in theory, but you need to do it in an area and at a time where there is inventory to choose from because once you identify the three properties, you have to close on one of them which is very difficult in a competitive environment.