I'm not as cool or smart as you guys,  all I can report is that rental demand has been steady and a lot of buyers looking into the Ocean View area for investment purposes. 

keep a hvac person on your team Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

It takes me anywhere from 2.5-4 months to acquire, renovate, find a buyer, and have them close on the property. 

Stakeholder Capitalism - Klaus SchwabBlack Swan, Fooled by Randomness, & Anti-Fragile - Nassim TalebThink and grow rich - Napoleon HillHuman Action - Ludwig von misesScaling People - Claire Hughes JohnsonHow to Win Friends & Influence People - Dale CarnegieThe 7 Habits of Highly Effective People - Stephen CoveyThe Road to Serfdom - FA HayekThe Millionaire Real Estate Agent - Gary KellerRich Dad Poor Dad - Robert KiyosakiThe Law - Federic BasiatRaising Private Capital - Matt FairclothAsk me about any of them!

High Maintenance Costs: Escalating maintenance costs can erode your profit margins.Change in Neighborhood Dynamics: Shifts in the neighborhood that negatively affect your property’s value are a red flag.Better Investment Opportunities: Selling might be wise if you've identified a more lucrative investment opportunity.Cash Flow Necessities: If you need liquidity, selling a property can provide a significant cash inflow.Tax Implications: Sometimes, selling can be advantageous for tax reasons, especially if you can benefit from capital gains tax laws.Personal Financial Changes: Changes in your personal financial situation may necessitate liquidating assets.Retirement Planning: Selling investment properties can be part of transitioning into retirement.Portfolio Diversification: Selling might be necessary to avoid overconcentration in real estate.Legal or Regulatory Changes: New laws or regulations can impact the attractiveness of holding onto a property.Ownership Challenges: If the burden of ownership outweighs the benefits, it may be time to sell.Real Estate Market Trends: Anticipating a downturn in the market can be a reason to sell early.Interest Rates: Rising interest rates can reduce the pool of potential buyers and lower property values.Property Value Appreciation: If your property has appreciated significantly, taking profits might be smart.Lifestyle Changes: Sometimes, personal life changes dictate a shift in investment strategies.ConclusionDeciding to sell an investment property is a complex decision influenced by market conditions, personal circumstances, and future investment goals.

As a local investor and agent here in Columbus, let me know if you have any questions or want to connect!

New York sellers/property owners, in my experience, have only entertained seller financing if the buyer is putting down 15-30% minimum.

I am a licensed GC, real estate agent, and own a custom home business.

I’ve been wondering that same thing.Seems to me when comparing candidate investments, why would I pay more for an investment with risk and work (5% Cap multifamily), than a risk-free passive investment (5% CD or T-Bill).Note that going from a cap rate of 5% to 10% is a 50% drop in price…that’s significant…easy to see why a seller isn’t willing to give a higher return.I’ve asked the question before and gotten answers like it’s because investor borrowing costs vary, and you must consider future rent growth and appreciation … I guess if you have low borrowing costs and are optimistic about the future a 5% cap rate makes sense. that's just a bunch of bull from agents and gurus trying to keep their game going... of course price should drop 50%... say today the commeercial loans are at 7%, and cap should be 2% higher to make the risk worth while, so call it a 9% cap.patience... this bs market needs cleansing... and when the time comes, it will be easy picking.no need to play the hard game... my friend