Not sure if higher purchase prices/rates have created this boom or if it's that all the new supply of rentals in Chicago is aimed at top end luxury *$3000 1br type builds etc. but rents have shot up on the north side.

IMHO I think the draw to the Poconos is it's proximity to two monster metropolitan markets and their middle and professional class who may prefer in many cases to tone it down from places like Miami, Hawaii, Vail, or Stowe, and instead have the luxury of a 1.5-2 hour car trip to somewhere where they will save on airfare, get a good deal on their accommodations, and still have loads of fun with their families without having to deal with exorbitant vacation costs and aggravating travel arrangements. 

It is a luxury log cabin right on the Roaring Fork River. 

(Luxuries of a small town..

Two of the properties I bought in 2012 in Arizona were luxury high rise condos - the first the seller purchased in 2007 for $525,000; I paid him $155,000 for it; the second the seller bought for $1,275,000 in 2008; I paid $505,000 for that one.  

They are advertising very heavily for Pine Street Multifamily Luxury Apartments.Would like to know how good Paradyme investments is and any opinion on their Pine Street multifamily offering.

As more inventory becomes available, buyers have the luxury of time, and sellers can be assured that their properties will find the right match.Practical Advice and Actionable InsightsFor Buyers: Now is a fantastic time to explore the market.

In fact, one article I read claimed that 1/3 of luxury purchases this year closed for cash..It can be frustrating for a buyer to invest (usually months) scrolling real estate websites, (or weeks if you read our newsletter :) but in all seriousness I would say for every two offers made, one transaction ultimately closes. 

They also run the risks of high levels of regulatory pressure and litigation by virtue of their renting to legal wards who have access to free lawyers and zealous bureaucrats who see independent investors as a crop to be harvested.

.$120,000 - $140,000 ARV'sTrying to pick up for $50,000 each.Decent condition and might need $20,000 cosmetic.Rent $1,500 - $1,700.Granted, I have the luxury of market knowledge, cash to close, remote workers and solid lists.Definitely not falling of tree's like 10+ years ago but still plenty of deals to be had.$1m in cash and someone that is willing to work the market hard for 2-3 years can retire off the income if investing in the Midwest.Just my opinion 🙏