., Richmond, and Detroit led rent increases, while Austin and Raleigh saw year-over-year declines due to high supply.

It is a new construction where they will not reduce the price in lieu of broker commission to keep their comps high.

There are two types of return from a rental propertyCash Flow & Appreciation.I normally also aim for a minimum of 8% return between Cash-Flow and Appreciation.Appreication, nationally, is around 2% to 3% annually.Therefore, your goal is to get the cash-flow to be about 5% to 6%.The issue is interest rates being very high, you would therefore, need to buy at a pricepoint where the numbers still make sense.You can always put down more of a downpayment to cash flow, but that will impact your cash on cash return calculations.Best of luck!

Our Newport condo has consistently been rated highly, and we have been using the same cleaning crew since XXXX because they have consistently done a great job.

Coloma: For those experts, your input is highly appreciated .

For high interest mortgages, usually break even or negative.  

: A 1031 Exchange can defer a significant amount of capital gains tax, so it’s often worth it for high-value transactions.

My firend once had a client who did a high end remodel in a somewhat modest neighborhood.

Some folks will give you the simple reply that if you can't fill it, your rent is either too high or something else is wrong with your ad.

Seems to be quite high fees but haven’t done the formal math.