•If CPI remains high (3.4% or above): Mortgage rates are likely to stay at current levels or even increase slightly as the Fed remains restrictive.

Instead of buying the same type of property each year, the idea is to gradually increase the size or number of units in each deal.

For example of above, there was a person I know, they bought a house for a rental, the square footage was enough to make a 3rd bed out of a dining room, that would increase the month rent by $400.00 a month if they did that..

This keeps you from cutting corners or hesitating on necessary repairs.7.Stay on top of rent increases & lease renewals.

What is market rate rent, what are they paying, and start the conversation about increasing rent (probably next year) if necessary.

This increases your chances of getting those extra nights filled.Airbnb’s Positive Feedback LoopAirbnb rewards high-performing listings with better visibility.

This year the 8.6% maximum allowed increase is higher than the market rate increase.  

So, the actual increase to market rent will be much lower.

Start small, evaluate results, and adjust gradually.

The average increased from $326,908 in 2023 to $352,257 in 2024.