People are indicating that STR occupancy rates are declining now and this last summer was simply pent up demand based on two years of house arrest, I mean covid quarantines.

To wait for the rents to increase and your property to appreciate with this markets pent up demand.

I’m not sure if it is the fact that rates have been elevated for some time now and buyers are getting used to the “new normal” with mortgage rates or prices have come down enough to meet the pent up demand waiting on the sidelines, but sales were up significantly in February and that trend will only continue as the buying season is in full swingI’ve been beating the drum for a while now, that we aren’t going to have another huge drop in pricing, contrary to what some national click bate headlines might have you think.

There is pent up demand in the housing market across the country as two generations look for the same size property: some of the Baby Boomers are downsizing and some of the Millennial generation, who are looking towards family formation. 

The moderate sized properties will be managed by either an in house property management group that is a General Partner, or an outside property management company contracted for service on the specific property.Market – Target markets will include Charlotte, NC, Raleigh-Durham, DFW, Knoxville, Nashville, and Johnson City TN, specifically around public education institutions that have pent up demand for viable student housing.Criteria – I will select properties that can be acquired with a 65% LTV with a cap rate of 5.6 to 10% (based on size of acquisition and financing in place) cash flow sufficient to generate a minimum cash on cash return of 11%.

Your adjusted cost basis is the purchase price less depreciation plus capital improvements plus any passive activity expenses that may be pent up in the property.  

Pent up demand jumping down from the fence... and or those that have come of age POST 08 GFC getting into the market

There is a ton of pent up demand out there. 

That being said, there was a lot of pent up demand and we don't have the teaser rate nonsense this time around.

A 20 year old guy with youth, testosterone, hormones, "pent-up energy", its just so hard to save.