WINTER IS COMING.

If you have a multi-family property, then you have to figure out how to make the tenants share the responsibility or you hire someone to handle it for them.You have to consider insulation, maintenance of weather stripping on doors and windows, servicing the boiler/furnace, winterizing sprinkler systems, disconnecting garden hoses from hose bibs, and much more.It's very risky to manage rentals from a distance.

We’re well into summer, but 7% mortgage rates and still-rising home prices have put a winter chill on transaction volumes.The national Buyer Activity sub-index dropped 8 points to 37 in July 2024, after having dropped 6 points to 45 in June 2024.

The water in the Intracoastal in South Florida is much higher at high tide than it was when I was a kid, the summers ARE hotter and the winters are shorter.

Houston, TX offers job growth, affordable housing, and tax benefits, while Cincinnati, OH has high cash flow, affordability, and tenant demand but faces slower population growth and cold winters.

Late fall and winter are best, but you won’t have the options you would in the early spring time.  

Run Forest Run

An ABNB I stayed in last winter was bought the previous year for $525k, that buyer then put it on the market for $525 less than a year after their purchase--today that asking price was reduced to $450!!!

The Charisma/Berkshire comforters are by no means winter thick.

If the houses have appreciated a lot, you may want to stagger when you sell them so they are in different tax years and time it so they sell quickly (ie don't list in the middle of winter).The market also changes.