With higher interest rate and negative cash flow currently i won't be able to hire property management and planning to rent it out myself.

Kent and Ottawa Co. are experiencing fabulous appreciation rates since COVID. 

🏠📈 Real Estate Update 📉🏠Here's the latest market report (based on single family homes) 📊:🏡 Mortgage Rates:30-year conventional rate today is 7.25%30-year VA rate today is 6.65% 💰 Median Sales Price:February: $460,000March: $475,000April: $476,000📈 New Listings:February: 1,669March: 1,845April: 1,914📅 Median Days on Market Until Sale:February: 21March: 16April: 13Some fun facts!

I’m closely monitoring a few tenants as we speak. 1 requested to pay this Friday after payday due to a job change. 1 is $200 behind from last month. 1 got a rent increase but still has this month at the previous rate.

These properties are valued on cap rate and NOI.  

@Seo Hui Han, in a high interest/low cap rate environment debt kills commercial deals. 

Pretty reasonable rates. 

I originally signed up for it because it had a good rate and hadn’t realized it was a cash back card until this past statement.

It's hard with interest rates and homes between $350,000 to ,$500,000.

You do want to be careful though, as in a perfect scenario, you'd BRRRR the rental and when you refi, pull all your cash out to pay off your HELOC until you find the next deal.Challenge is that it's not as easy to do this as it was 2-3 years ago when low interest rates could cover mistakes.PM us if you'd like to chat about more specifics:)