Where do YOU think rates are heading?

We are taking a Labor Day trip and staying a couple nights in Grandy, which is on the other side of the sound from the main OBX locations (Duck, Corolla, Kitty Hawk, Nags Head, etc.).

Quote from @Thomasina Pearce: Quote from @Gladimir Lobo: Heading downtown to try your luck at Jack's is a much better bet.

I have googled alot of information but it is hard to wrap my head around this specific subject. - how can i get a rough estimate on how much the properties will offset?

Just look at Friday traffic heading north out of Massachusetts. 

uhm, your PMC either is in over their head or trying to take advantage of you.Also, just because a PMC gives you a bid on something, doesn't mean it has to be done!

That said, long-term the appreciation you get in the Puget Sound region is superior to many other markets, so assuming you find an excellent property management company that is able to screen tenants and only put in very well qualified, vetted occupants and you experience limited issues over the holding period, you'd likely come out ahead retaining the Mill Creek property if your financially able to do so and still buy wherever you are headed out of state.

If you are going at this thinking you are going in bidding and winning above it, you are going to be disappointed.Another Question:Do you think interest rates trending or heading back down is good or bad for non performing note investors?

In my previous post under a similar heading I talked about my main learnings from a land deal that I'm working to close.

If you have to ask question #2, you are in over your head in getting into a syndication.