High interest rates are causing price corrections in specific markets across the USA that saw massive growth and transaction volume in 2020/2021 due to low interest rates.

A little background - I'm a nurse and have been hoping to find a market that pays decent when compared to the cost of living and also has high prospects for growth.

It’s important to carefully analyze the numbers to ensure you’re getting a good return on investment.Appreciation: Tallahassee has seen steady appreciation, but it's not as fast-growing as some other Florida markets like Tampa or Orlando.Alternatives NearbyIf you’re finding Tallahassee a bit pricey, consider looking at other nearby markets that might offer better value:Alabama: Cities like Birmingham and Huntsville are close by and can offer more affordable purchase prices with strong rental demand and high ROI potential.

The property already had septic, water, and electricity from a home that had been demolished.

I would get insurance with an umbrella policy and a high deductible.

I want to share an application of this strategy that can help when moving parents into a long-term care facility, particularly in high-value real estate markets like California and Hawaii.Here’s a simplified plan:1.

And I am not sure if that's because luxury property rentals just don't have the same ADR here in comparison to other markets - in a lot of other markets even as far as West Virginia in harpers ferry you can easily charge $800+ in those markets, whereas inWe haven't purchased the area in Airdna or Pricelabs as we are just looking at the data at a high level right now before we commit to that one area since we are looking at a couple of other properties too.

My costs might have been high and my rents too low so don't take my one data point as the answer without doing your own research.

Overall highly recommended.  

Fuel for the day: Cucumber Botanical soda water, zest of lemon, and a dash of Guaranaplant extract.