It’s a hard lesson I’ve had to learn over the years and I do my best to not take it personal and get mad at them.

Commercial real estate is a significant driver of economic growth and investment returns worldwide.

Based on economics and key drivers, Edmonton’s real estate market is in the beginning to middle of a slump phase of the real estate cycle.

Also, when evaluating markets, ignore the COVID madness times; locations that have been flat for years started appreciating; look at the appreciation rate over the ten years before COVID.I put together the following table to show the advantage of appreciation vs. cash flow over five years.

@Leah Burns i am a registered Uber and Lyft driver.

Also potentially where you have some demand drivers for people who want to rent bedrooms. 

My scenarios in my head are that they tear up the house because they are mad and/or they stop paying the rent because they are mad.

@Johanna Kerns this is a tough one, but I would look at the deal and decide if the version of me in five or ten years is excited to own it (or mad that I bought it).

Those who don't invest in high cost locations will say never accept negative CF, and those who invest in high cost locations say appreciation is better form of wealth generation than meager mid-continent CF strategies.While some will fundamentally never accept appreciation as a value driver, I seldomly see a sophisticated investor who can build their own IRR model (vs relying solely on simple CoC calculations) say never to negative CF.

*San Antonio, TX*- Demand Drivers consisting of universities, military bases, corporate headquarters, and leisure attractions (theme parks, historic poi's)- 350k-500k+ pool properties potentially grossing 70k-100k+ revenue on the STR side- Active Permit good for 3 years currently- No specific to SA, but 2022 is the last year for 100% bonus depreciation, talk to your CPA on how this applies on new acquisitions.