Keep in mind that rates are higher than they were 4 years ago.

Hello fellow Canadians,Interest rates are obviously still a hot topic.

What rate/terms are you looking for?

John, I am managing 3 properties and spend on the following:Hospitable PriceLabsIntellihost (for click rates and pricing optimization)CanvaOpenAIHoufy for direct websites

Financially it's almost always better to leverage but less so in higher interest rate environments when there are good investment alternatives, and not everything in life is or should be done for purely financial reasons. 

I got a letter jacking up my rate considerably and it went on to state that I would not be renewed for 2025.

AirDNA says the occupancy rate for STRs in Raleigh is 33%, which sounds low to me, and as I mentioned, there are 107 empty full-unit MTRs.

Goal is to move mid-late 2024  Purchase June 2022: $510,500Down Payment: $102,100Interest rate: 4.875%Mortgage balance: $397,959Monthly mortgage, tax, insurance:$2,465Estimated rent $3,000 The home has an estimated sell price of $550,000 today and the area will continue to appreciate well.Home is in good shape.

As it is now, the cap rate and cash on cash return is not great once I calculate it out.

Interest rates?