Hi everyone,With talk of market fluctuations and interest rate changes, I think it's prime time for us to dive into strategic adaptations.

First the local housing market is booming and due to a housing shortage and these low interest rates real estate prices keep climbing.

I want to make rent increases begin May 1… do I make 1st month of lease begin April 1 at old rate or begin leases at May 1 with new rate?

He knows that area well and that would be my first stop .Secondly there were some pretty bad actors selling US props to Aussies back in 2011 to about 2016 when the exchange rate was so favorable to Aussie dollar.. but so man Aussies got totally ripped off paying 2X 3X 5X over the actual values of the properties.. 

Keep in mind that LOC interest rates are typically adjustable, impacting your long-term holding costs.

And mortgage rates at the time.

I will say, all of my insurance rates have gone up significantly and I'm terrified for next year.  

But if I rate/term refi with the same lender after 5 years, title insurance is required to be paid again.

Depends on interest rate?

The South’s Best Cities On The Rise 2024By Southern Living EditorsUpdated on March 6, 2024PHOTO: LISA CORSONAccording to the U.S.