A lot of people are using this money to enjoy their summers and go to the pools and vacation and whatnot.

We did have numerous tenants actually buy houses and give notice this summer.

So I’m trying to get everything in line this summer so I may qualify for a loan for my first investment property.

I dont know about the Lake Conroe area but besides the summer rents in Galveston a great revenue stream in the off season is the winter transplants (Snow Birds) from up north on a monthly basis.

I imagine things will settle once a vaccine comes out, the but net result is higher prices and a crazy summer market, especially in Essex/Bergen County.   

Existing tenant pays $525/mo  In summer 2019, I purchased a 11 unit property - 4 were rented @ $2700/mo total.

Summers do get hot so get your HVACs serviced every year in Spring to avoid more expensive breakdowns in the midst of summer (when HVAC techs are so busy and hard to schedule within a day or two)Having a storm shelter onsite for SFHs increase rental (and sale) attractiveness in my opinion compared to the next ‘equal’ SFH.

I've got a fourplex that's 100 years old and my tenants that live upstairs complain about the heat during the day in the middle of the summer.

It's probably too late to find a renter for a 5 BR college property this late into the summer, thus this strategy. 3) We are buying the property in my wife's name, no co-sign.

I can speak for LA where I'm quite certain we're in a bubble and Q3 summer sales are the last of it.