Don't rely on their numbers as they are often inflated but you can use them for practice.

You will have to adjust for some inflation and hurricane-related price increases, but overall it’s an outstanding overview of this exact process.

Thanks government for being the driving force behind inflation!

@Dave Meyer wrote this interesting article supposing inflation has peaked, and interest rates seem to agree with him.

Same goes for inflation, celebrating inflation went from above 8 to below 8 is like a 150lb person gained 300lbs and then lost 10. pounds.

I didn't want to do rate buy-down because I plan on holding this property and will refinance as soon as inflation gets under control or we hit recession then rate will start to go down (probably 1-2 years in the future).

Just as we've witnessed in the past year or so, catastrophic storms, market uncertainty, economic issues, inflation, tightening reinsurance markets, etc. can all have a significant impact on a carrier’s rates and how they approach the renewal of "every" policy they write .  

We know that Federal Reserve is hell-bent on fighting inflation, and they do this through a process they call "demand destruction."

Forget BRRR right now rates too high but if you rehab and create the equity can definitely BRRR that property in the future when either rates have fallen or inflation has driven up rents to create a safe margin.

We have property and would like to build but inflation is killing our dreams so my question is should we increase rent and find new tenants or sale the property so we can build?