Northern NJ is hot x99 now and prices are inflated because people are overpaying with FHA loans and overpaying with all loans right now on multis.

They have been trying to force inflation for a while now.

We set up our line based of these current inflated values, and we're putting idle funds to work while we wait for the market to turn.

This was 4 years ago when we had competitive rates and low inflation.

Critical selection criteria include a metro population greater than one million, an increasing state and metropolitan area population, rent increases that keep pace with inflation, low operating costs, and landlord-friendly laws and regulations.Tenant pool - The tenant pool segment defines income reliability.

I have a decent set of cost data from those builds, but all the material and labor cost inflation/volatility of the last two years make it an imperfect calculation for price checking my GC's latest bid for the townhomes.

Something to consider if you're looking to buybsoon What I am thinking is since I am only 22 is to go for more appreciation opportunities to really seize the time I have on it as well as the potential of all this money being thrown out unless they combat inflation.

Local ADRs and occupancy rates are significantly down from last year, and in my opinion, AirDNA's estimates are inflated.

With appreciation and the hedge on inflation over the long term, your 10 years numbers may still be a home run, even if year one is just a base hit.

Having a $25k property that appreciates slower than inflation, and with very little cashflow, is a slow process and does not allow you to scale well.