There are certain areas in Midland that I feel you can cash flow great right now and still keep rented at a decreased rate in low oil price environments.

It gets technical and goes deep into the financing side of multifamily projectsSmall-bites (~5 mins): Real Estate Espresso with Victor Menasce - Victor covers a variety of topics, but I think that if you are further along in your real estate career, you understand the value of getting a broader education on the economic environment and the macro drivers that impact the landscape upon which we investI think the Biggerpockets podcast is a great place to start for beginners.

Don't let them freak you out too much. although to be brutally frank.. wholesaling varies greatly by location and area.. and access to older inventory and burnt out landlords and areas that are declining or there are like Detroit  Philly Baltimore and other areas.. literally thousands of vacant homes. this is target rich environment for wholesalers.. some areas there simply is not nearly enough inventory or access to distressed assets to sustain the legion of folks that think wholesaling is as easy as sending out a few letters .. when in fact I cant think of any thing harder than to be a successful wholesaler.  

Given the current environment, it is tough to get cash flow.

What kind of rates/terms can I expect from a typical DSCR loan on a STR in the current environment?

I find that getting any type of decent COC return when purchasing a property at fair market value is tough in today's market and financing environment.

✅ Low operating costs✅ Low crime rate✅ Low risk of a natural disaster✅ Pro-business legislative environment✅ Sufficient population to have economic stability, major highways, and a major airport.

The current interest rate environment has made financing real estate a challenge.

In this high inflationary environment where do you keep your reserves for your rental properties? 

While this figure will rise as additional deals signed near the end of the quarter are discovered, leasing activity has cooled noticeably over the past year, with trailing four-quarter leasing activity falling to 241 million SF, its lowest level since 2020 and nearly 20% below the average recorded during the five-year period preceding the pandemic (2015-2019).Other factors contributing to the pullback in leasing activity include a more-challenging operating environment, a lack of available labor, and a rise in uncertainty surrounding the outlook for consumption.