And right now rates are at multi-decade highs after a rapid run up, so the wounds are not only fresh, but the bleeding hasn’t been controlled yet.Mistaken Identity:  If the syndicator on the panel says he prefers floating because he can borrow capital improvement funds, he is talking about bridge debt, which happens to have a floating rate but isn’t the primary characteristic nor the reason people use it.  

When you start talking about scaling and it's hundreds of units/accounts it's just not longer easy to pick up that many rapidly.  

This seems especially prudent in an era marked by rising interest rates, a departure from the previously free access to capital.Real estate, inherently, isn't known for its rapid fluctuations; it generally stabile.

"When I think of Jesse Rook, I think of someone who is polite, patient, caring, selfless, and the type of person I would want to work with when buying and selling real estate.Born (in New Mexico) and raised in Grand Rapids, MI, Jesse is a native to the West Michigan area and brings with him years of experience of the ins and outs of neighborhoods.What sets Jesse apart from other agents is that he puts his clients first and himself second.

I'm gonna go against the grain here- you are in an area that is growing like crazy and appreciating at a rapid pace.

However, if you purchase in a location where rents outpace inflation and there's rapid appreciation, even a marginal first-year deal can become a killer deal over time.

All that said one of the things like about these smaller markets, is just less overall competition and the ability to kind of set your own comps, while it hasn’t sold yet so I could be wrong, it was hard to comp tbh, but this town (about 1.5 hours from dc) is growing rapidly, my parents bought a house for 350k in 2019 now worth 600k.

Great location in fantastic school district, rapidly growing area, showing great potential for future rental.

Grand Rapids is a fast paced market.

In an era marked by rapid economic changes and uncertainties, the real estate market has showcased an unexpected level of resilience.