Providing them with ample notice allows them time to plan and adjust financially.

So for high season, I am always priced higher than my competition and wait closer to season to adjust if I'm not getting bookings.

@Cj Powderhorn many investors really don't pay attention to market trends:(Nationally, rRents are flatlining at best in many areas, trending down in others.Of course, there are pockets out there that are exceptions.Days On Market (DOM) are up over 37% in the last 2 years and are expected to keep increasing for the near future.So, many investors need to adjust their market expectations, but are lagging in doing so.Regarding the RentReady time, your PMC should have been updating you throughout and explaining cost overruns.Recommend NOT just terminating them, but asking for a call with a manager to discuss your concerns.

I think it wouldn't hurt if you were to reach out to an insurance adjuster that works on behalf of the homeowner.

These provide stability and regular income, which can be crucial in retirement.Cash: 5-10%Keep some liquid assets for emergencies and short-term needs.Consider these additional points:Diversification: Spread your investments across different sectors and geographic regions to reduce risk.Tax efficiency: Consider the tax implications of your investment strategy, especially with your high net worth.Regular rebalancing: Adjust your portfolio periodically to maintain your desired asset allocation.Professional advice: Given your high net worth, it's advisable to consult with a financial advisor who can provide personalized recommendations based on your specific situation and goals.Risk management: Consider your risk tolerance and adjust the allocation accordingly.

August 2024 payroll numbers continue to show a resilient job market, despite revisions expected to push the data higher, following a trend seen in previous years. Economists note that job growth in typically underrepo...

It’s interesting to hear how you’ve adjusted your portfolio, especially selling off STRs after the market shift and reinvesting in more long-term opportunities. market changes so fast nowadays. 

If it's not adjusted correctly there won't be enough water to flush everything down. 

But all markets adjust over time.  

As a thought exercise, if I were to sell and take my $45K of equity and put it in an index fund earning inflation-adjusted 7% return, it would take 16 years for that to turn back into my original $130K.