Have you used the rapid report with Re Cost Seg? 

The area is expanding rapidly and I could see this property really going up in value as there is a very limited amount of buildable space between the mountains and the ocean, so I see this as a great investment and I would love to keep it.

I think if I can achieve that I will rapidly learn, then be able to evaluate what steps might be best for the next stages.

As you can see, the net deliveries are expected to majorly decline in the coming years, most notably a 51.14% decline in net deliveries of apartment units from 2024 to the end of 2025.This is because the feasibility for developers to build new units declines sharply as interest rates rise this rapidly, and the end effect is not seen until the units that had already begun being built when interest rates were lower are completed a year or two later.

Here’s how:Efficiencies Through Scale: By owning and managing a portfolio of properties, we can control operating costs and avoid the rapid rent hikes caused by liquidation or speculative investors.Economic Stability: Affordable housing becomes viable when tenants have steady incomes.

We quietly now have a $600K median home price and are rapidly running out of developable land. 

Property values have been appreciating rapidly in recent years, and the city’s population has started growing again—a trend we haven’t seen in decades.I’m also based in California and have been investing in Detroit for several years, so I understand the concerns of out-of-state investing.

There are times when the market increases or decreases rapidly.

Our city is rapidly expanding, offering numerous job opportunities and a wealth of investment possibilities.

Rookie real estate investor looking for some advice:I purchased a duplex in Grand Rapids, MI last October (2023).