COVID lockdowns and supply shortages tanked keeping renovation schedule - lost 4 months due to that, and that is lost rental revenue because we couldn't renovate the last space until renovations were complete on the then vacant space for the existing tenant's move.

COVID lockdowns and supply shortages tanked keeping renovation schedule - lost 4 months due to that, and that is lost rental revenue because we couldn't renovate the last space until renovations were complete on the then vacant space for the existing tenant's move.

With the boom of the region, the housing stock was unfortunately constricted, and supply could not keep up with demand.  

If you're counting on the college town to supply tenants, this might not be the year for that.

If the dollar value is dropping and things are getting more expensive independently for other reasons (supply shock, decreased production/consumption) they should be compounding factors but I am not sure.

As labor supply dwindles, prices go up.

Also I am somewhat circumspect about in investing in a new real estate deal as it can be somewhat tough to find tenants during this Pandemic so was considering other options that would save on interest such as refinancinv and HELOC but I am open to other ideas.ThanksI can't evaluate what you are finding or not finding in Des Moines, but I do know there are ample deals in the Omaha and Council Bluffs markets, both which are driving distance from you.

Supply and demand.

ABC Supply Co, Henrichs Commercial Properties, Dollar General Co and Amazon have all done major amounts of private investing into the area.

I heard you can itemize your expenses to do a 1 year depreciation total but it needs to be supplied with a cost study done by an engineer.Thoughts?