However, sellers currently on the market are more likely to accept lower offers, giving us some room for negotiation.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents held steady from October to November, bucking the seasonal trend.

My goal for 2025 is to ask for feedback from clients to improve our onboarding process.

Last question, how significantly would the APR improve if we leave 30% in vs 25% or 20% on a HELO? 

This PM company is clearly out of their depth even though they told me last month that they had hired more staff and were making improvements to their processes.

These systems are becoming more sophisticated and (my favorite) capable, leading to improved user experiences and potentially freeing up human employees to handle more complex tasks and interactions.

I appreciate the insight that you and John offered regarding the lack of value in the business itself and strictly the land + improvements.

., through streamlined property management, lower maintenance costs, and improved operational systems), we’ll have the flexibility to adjust rents strategically in a way that supports affordability for specific tenant groups, like workforce housing.Generating Income Beyond Rent:The portfolio’s income isn’t solely reliant on rents.

Say you paid 100k 6 years ago and have done nothing to improve the property value.

Certain amenities can drive bookings (e.g. having a hot tub) but don't necessarily improve guest satisfaction.  

Smart investors first focus on finding quality properties—such as those in thriving areas of Brooklyn or potential neighborhoods around Manhattan—and then reverse engineer the process by improving management, optimizing rental structures, or enhancing facilities to make it worthwhile.