While the May PCE report (flat headline inflation, +0.1% “core” growth) was very positive for the bond markets and mortgage rates, ‘jobs week’ delivered mixed messages.Current odds on Fed rate cuts at upcoming FOMC meetings below.

It is important to continue to do research, connect with experts on BP, and what I have found the most helpful is to go to local real estate meetups.

You are in the right place to meet folks.

I appreciate your insights.1% Rule: I agree, getting $4500 in rent for the new unit might be challenging, especially given the local market trends.

Hi everyone! Is anyone else planning to attend the WealthCon event in Las  Vegas next week? I'd love to connect with some other investors and entrepreneurs! 

Sometimes lenders will want a letter of explanation from you explaining how you plan to manage the property if you're not local, but they don't all require a property manager.

Hi @Josh Cutler, to get the ball rolling I would start by connecting with a local agent.

if you're hiring a PM - let them handle it for youor, go to a REIA meeting, make friends with a realtor, and ask them to run a CMA for youor - look for other active rentals on a whole bunch of different sites and see what others are listed for

you can come meet me in NJ :) (out of state investor in york)

Check your local rules, but where I have rentals, the tenants need to be out by 1 pm on the last day of the month and you can organize with the new tenant what time they are moving in (eg 11 am).