As you complete more projects and gain experience, you may be able to better predict expected costs for different aspects of a renovation.Best of luck to you!

If you want to continue self-managing it will take some effort but you need to be clear and predictable with the tenant and never deviate from the lease.

Hi Marta,The market is pretty strong although most commentators are predicting a small price decline for 2024.

That being said, there is overwhelming support for Phil Scott in VT in general so the prediction is that he will be re-elected so I'm banking on that. https://projects.fivethirtyeig...

Hi Isaac,I would need to hear a little more about you to predict what investment method would fit best.

Though I don't believe consumer prices will ever recede back to pre-pandemic levels, wages continue to increase https://www.epi.org/nominal-wage-tracker/and inflation is receding and we expect a series of fed rate cuts over the coming year, so although this should be sufficient to prevent recession, the reality is that we can't predict this with 100% accuracy.

Rehab prediction is no good friend in most scenarios, so you bought the property for 100k according to the 70% tactic, the estimated rehab cost can be surprisingly much higher than predicted, plus the 10 to 15 % hard money interest costs, so, just think of having pants with BiggerPockets... 

I predict 30% or more unemployment in a matter of weeks after the change.

🚀 Predictions are swirling that the banks might consider lowering rates to stimulate business

A lot of outliers made money, and beat their chest about it, but if you tried some of the same moves today with the same predictions some of these people made, you'd get an unholy beatdown.I continue to believe that these forums are one of the few places in real estate investing where you get to hear some of the hard truths of this business from people who have actually experienced them and lived to tell the tale.