So I expected thread like these since few years ago.Some of you guys GP that keep buying and selling every 19 months are just simply crazy and create the foundation for market crash.

Our first purchase was in October 2023 and it was a little tough to fill late in the year (due to the holiday slowdown), but our first guest arrived in early January and it's been booked ever since, now through September.

You know it’s funny back when I was flipping in dc pre covid, I was always amazed at the prices and in the back of my head was like I cannot believe people are paying 800-1 million to be in a tiny rowhome in a frankly pretty rough area, now of course everyone who didn’t grow up here throught it was just was the way it was, but growing up here I tried to explain to everyone just how bizzare it was that the city was so much more than then the burbs, (from 06 on there were entire areas that went up fourfold, where as the burbs were kind of flat for a decade) I won’t say I saw dc’s crash coming but it seemed so unnatural to me having grown up in the area, I also don’t think we’ve seen close to the bottom as far as urban real estate, as you said you can still trade a house in the city for one in the burbs but really given how urban living is + remote works, cities should be significantly less than an equivalent burb.

UPDATE: rents really never dropped in Detroit after the Great Recession.Only property values did.This is pretty much true of the majority of the USA.Detroit values now pretty much exceed their pre-crash highs and have exceeded it in many Neighborhoods:)

We have short term rentals and have been notified several times upon guest arrival that the smoke alarm is beeping. 

You could not beat the Chinese, the Mexican and the Indian that first arrive here, and those countries has million people that could produce more with less money. 

They were new arrivals in New Mexico, coming across the border, y ellos no hablan ingles.

The city arrived at the $180,000 fine based on a $500-a-night penalty for each of hundreds of nights it tracked as booked at Tao's property, according to documents submitted to the City Council."

And the earth might swing out of it's orbit and crash into the sun, but guess what I'm not going to worry about it.

 Is anyone on BP investing with Arrived Homes?