I wanted to post about occupancy, I know there is a wide variety of occupancy levels and ADR information out there but wanted to share mine and hear what others are doing.Seems there are several schools of thought - drop your rates and high occupancy or high rates low occupancy.We have 29.9% occupancy and an ADR of $633 per night.

Miami's real estate isn't just about buying and selling; it's about driving economic growth and fostering prosperity for all who call this vibrant city home.Time to Act: With the median time to contract plummeting by 17.9% and the median time to sales dropping by 5.9%, urgency fills the air as buyers and sellers engage in a thrilling dance of negotiation and decision-making.

The tenant pays the rest, as long as the property has positive CF.2 - NEVER make a decision based on percentages. 

The more you use this Forum, the quicker you'll find what information to include in your posts.

You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.

They base their decision largely on "the deal" and your ability to execute the plan.

Consider how you'll reinvest rental income, save for future down payments, and scale your real estate portfolio over time.Ultimately, the decision to invest in real estate or continue with your index fund investment depends on your individual circumstances, goals, and risk tolerance.

In fact I don't know of any bank that would bother to track that information anyway

High Maintenance Costs: Escalating maintenance costs can erode your profit margins.Change in Neighborhood Dynamics: Shifts in the neighborhood that negatively affect your property’s value are a red flag.Better Investment Opportunities: Selling might be wise if you've identified a more lucrative investment opportunity.Cash Flow Necessities: If you need liquidity, selling a property can provide a significant cash inflow.Tax Implications: Sometimes, selling can be advantageous for tax reasons, especially if you can benefit from capital gains tax laws.Personal Financial Changes: Changes in your personal financial situation may necessitate liquidating assets.Retirement Planning: Selling investment properties can be part of transitioning into retirement.Portfolio Diversification: Selling might be necessary to avoid overconcentration in real estate.Legal or Regulatory Changes: New laws or regulations can impact the attractiveness of holding onto a property.Ownership Challenges: If the burden of ownership outweighs the benefits, it may be time to sell.Real Estate Market Trends: Anticipating a downturn in the market can be a reason to sell early.Interest Rates: Rising interest rates can reduce the pool of potential buyers and lower property values.Property Value Appreciation: If your property has appreciated significantly, taking profits might be smart.Lifestyle Changes: Sometimes, personal life changes dictate a shift in investment strategies.ConclusionDeciding to sell an investment property is a complex decision influenced by market conditions, personal circumstances, and future investment goals.

Any information is helpful!