According to the latest data, annual asking rents for apartments across the nation increased by 10 basis points, bringing the average growth rate to 1.2%.

As of now utilities (electricity, water, gas and sewage) are a flat rate of $100 per unit which is tacked onto the rent.

At the end of the day, everyone's circumstance is unique so it is best to speak with a professional.

Hello, just wondering if anybody would be willing to share their preferred websites to analyze markets for things such as yearly appreciation rates, rent appreciation, days on market, etc.

I have just moved into a new city (New Orleans) and want to get into the STR space through co-hosting and really become an expert in the process, what's the best way to gain exposure, connect, contact and gain clients in a new area. 

(Lender can quote you a 5.99% rate with no points and then change it to a 7.125% Rate with a $3000 legal fee and points a week before closing) 2.

I wanted to add that the best way to attend meetups is to make it a habit.

It's best chance at survival/turnaround is with an experienced, local class-c operator.

There are spreadsheets you can download that are in this forum that can help.Also checkout the enemy method for estimating rates and occupancy. 

I'd be happy to sell it on a lease option or seller finance (wrap) for $350,000.If I seller finance I need to charge at least a 7% interest rate as that is what my rate on the property will be.