Nobody knew interest rates were going to go  shoot up (and nobody knew we were going to face a global pandemic).

It's mostly a joke.I think it did good - the influencer who opines regularly on cap rates, interest rates, the Fed, inflation, and is generally an economist, or even a bit of a philosopher, probably does alright! 

He breaks down what the fear of tariffs has currently done to interest rates and what future tariffs could mean for our economy and the housing market as a whole. 

Some areas are more expensive than others but those usually tend to have higher appreciation rates. 

and 5 years is a long window for things to change in ways we don't expect (lower interest rates maybe??).

You might want to check out listings in your neighborhood to get an idea of the going rates and what amenities other hosts are offering.

If you provide excellent housing and excellent service it is likely that your turnover rate will be lower resulting in less future vacancy.

This works with any type of appreciating property such as real estate, stocks, etcDepending on the appreciation rate, you can potentially see asset values double every 7-14 years.Likely around 7 years if the appreciation rate is 8%Likely around 14 years if the appreciation rate is 4%If you buy something for $100,000 and it appreciates to $200,000, you can potentially take a loan on the $100,000 appreciation which would not be considered a taxable event.However, be mindful that you are paying interest on the loan and you have to payback the loan but yes, it would not add on to your taxable income.

It might mean giving up a lower rate but if you do not have the personal capital or do not want to part with it, it is the easiest way.  

Quote from @Blake Johnson: It sounds like you have a great cash flowing property with a cap rate of about 16-17%.