With historically high prices and last year's rate increases, you're left wondering ... what comes next?

if you're looking for high-cashflow areas, for LTRs, the midwest seems to be the place to be. but if you're doing MTR or STR strategies, the shenandoah area might be the next hot spot for mountainous STR markets. wholesaling is a ton of work up front & i feel like a smaller % of people succeed in it, vs the larger % of people who succeed with actually buying rental properties. 

Where these numbers are found, there is a very high rate of rent actually being paid.A little more about the area:We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

My area has a strong economy, high rental rates, and a very large military and civil service presence.

The risk of negative cash flow here comes from the high leverage though, not from the market.

3) If I can find a private money lender to do a 2nd mortgage, they will need a high interest rate.

For high bonus depreciation, consider exploring new construction projects, which can offer up to 100% first-year bonus depreciation.

Moore County REIA Meeting: Tuesday, March 12th, 2024Time: 6:30 PM - 8:30 PMTopic: NetworkingLocation: Southern Pines Growler, 160 W New York Ave, Southern Pines, NC 28387Food & Beverages: Bring your own food and beverage.

By keeping her, you are just kicking the can down the road and increasing your risk of losses.I highly recommend you find a qualified property manager before you run this investment into the dirt and lose big.

Our values here are high, and generally continue to go higher.