If I didn't have that policy, would I ever take anyone for a joy ride?

Get ready for an exciting ride!

@Jacob Youngberg - this is a great way to get into real estate, but be ready for a bumpy ride.

If your area is new to Privy and there are only a handful of users, jump on that and ride it until they expand and saturate the software with users.

I have the opportunity to sell now at a big profit or to maybe pull cash out with a refi, and I have been doing some hard thinking about what to do with the proceeds (factors are the usual: self-storage market cycle, cash flows, cheap credit, other asset classes, etc.) or whether to just ride my current cash flow for a bit longer. 

But make sure the lease back is professionally set up, this strategy can devolve into a lawsuit if it’s done poorly.Staging and professional photos make a really big difference on the selling price.Megan owns a staging company, and only charges around $500 per house, a very reasonable price.Her one piece of advice for negotiating a purchase is to ask what the seller’s goals are, because their biggest sticking point might not be price, even though people assume it is.R5.4 is the most restrictive residential zoning, Megan typically doesn’t touch it.Megan predicts that in 2022, Missoula’s housing market will continue to be a wild ride.

My Opinion: those who have money are feeling rich and reporting that feeling as positive for the future, likely because household wealth of the upper-middle class is riding a 2023 stock market recovery.

Have you ever witnessed a performer riding a unicycle while juggling burning torches?

The question is how long do you want to hold it and are you willing to ride it out until you can raise it or get the current tenants out. 

The cash flow is a bit lower with 1% rules in C class neighborhoods but it’s hard to find 1% rules in A/B now.Dayton, Cleveland, and Cincinnati are similar markets with lower price entry points and higher rent to price ratios.There’s also sub markets around Columbus that allow you to invest and ride the Columbus wave without paying the Columbus prices such as Newark, Lancaster, Marysville, etc.