Lakewood, OH area has been all the hype and it looks like the sales price is dropping the further East you venture towards W117th street.

It became difficult, if not impossible, to repeat the process without severely damaging your profits.The Rise of BRR"R"RR 2.0In this new environment, I modified my BRRRR stategey to what I call BRR"R"RR—where the additional "R" stands for "Rate Drop."

The median home price has dropped by $80k in 8 months, days on market has gone up by 800% in 2 years.

There are already 3k properties in the market currently and the average occupancy has dropped almost 23% in the last 12 months.

It had been sitting on the market for a long time and the sellers were willing to drop the price significantly.

., while John has a lot more experience than I do, and no real estate investor wants to be a restaurant operator, there are some upsides to Option 1, as I see it.The lower base rent could allow the Option 1 tenant to remain open throughout a recession, while option 2 may decide to close down the sales drop, if rent is too high.But beyond that, are a lot of factors that I would assess:Who is the actual guarantor on each lease?  

Since you've only had one inquiry, you might consider dropping the rent by $100-200 to see if it gets more interest.

While the numbers hint at a slowdown, savvy buyers and sellers will see that these changes also bring unique opportunities.Single-Family Homes: A New Landscape of ChoicesClosed sales fell from 894 to 809—a 9.5% drop.

At first glance, you might notice things are cooling down a bit, but a closer look shows that for those ready to dive in, there are fresh opportunities to be found.Single-Family Homes: A Market Opening Up for BuyersSingle-family home sales dropped by 12.1%, going from 1,056 last year to 928, yet the median sale price actually nudged up 2.2% to $615,325.

The total number of homeless individuals in the city of Phoenix dropped 1% this year, according to government figures.