It is hard to really keep up with those kinds of trends unless I budget 10k a year in updating the property which I am not going to do.I participate in our local council/mayor meetings.

For instance, plumbing might be updated but not every pipe. 

Several economic factors are contributing to this shift:Overbuilding: Some areas of Charlotte have seen significant overdevelopment, leading to an oversupply of rental units.Tighter Money: Rising interest rates and economic uncertainty have made tenants more cautious with their spending.Tenant Behavior: Many responsible renters are choosing to stay put rather than take on the cost and hassle of moving.What Does This Mean for Landlords?

I find that internet providers, like Comcast, tend to update their technology and offerings to better speeds as customers have higher usage demands.

Valdosta GA Market Update: Jan 2025Happy New Year!!

Many people opted to stay in their current homes rather than take on new leases, contributing to longer vacancies for available properties.3.

However, always stay updated on local regulations related to STRs.In conclusion, Albuquerque presents a fascinating blend of opportunities for both new and seasoned real estate investors.

It is updated now 😁

I am looking to purchase an extended stay hotel.

I searched for properties that stay on the market for a long time.