That kind of shift always creates leverage for people who understand timing.NAR’s latest Confidence Index reinforces that the market is active beneath the surface:• 2.1 offers per listing• 19% selling over list• 29% cash• First-time buyers at 32%• Typical contract: 30 daysAnd Louisville’s numbers are telling a story of their own.Louisville Market (Today)Active listings: 3,498Inventory is tightening.Listings sitting 60+ days: 1,448That’s 41.3% of our entire market aging out.Multifamily inventory: 101Sitting 60+ days: 59That’s 58.4% of multifamily stuck in place.When this many properties cross the 60-day line, it doesn’t mean the market is weak.

I now am an experienced land lord on paper, although I did it with my family business before in light industrial/commercial, and supported a huge private fund with the 35k homes.My weaknesses:1.

What I meant is that if I ever decide to buy, I’d prefer it to be in a market where I can meet the team and inspect systems once or twice a year, rather than buying in a location that’s a great STR market but a weak overall real estate market if I ever choose to sell. 

If you find the documentation is weak, I suggest consulting a Texas attorney who specializes in landlord-tenant law prior to denying the ESA.

One Vacancy = 100% Vacancy:This is the biggest operational weakness.

People chase “high potential rent” or “perfect ARVs” the same way flippers chase “perfect deals.”

Hello all!For context I am in Greensboro, NC. Small time landlord, just have one LTR right now. I have 2 tenants with kids in my LTR (3br 2ba). A while back, the main breadwinner lost his job as an HVAC tech and decid...

Not exactly what I prepared for as my first doors but I want to make sure I do this right. What does the community suggest in terms of how the management agreement, leases, etc. are changed/structured due to this? Or ...

That's a major weakness of the entire STR model.

Multifamily properties typically provide better cash flow and the potential for more deductions.Keep and Build Equity: Holding the property long-term allows you to build equity.