sounds like you’ve got a solid eye for deals with all that construction experience and being in so many neighborhoods every day.

What minimum cash flow or ROI do you require to make a long-distance rental worth it?

📊 Las Vegas Market Update – Last 3 Months 📊🏠 Did home values go up or down (median prices)?

👀Here in Denver Metro, 2 eye opening stats when comparing Condos to Single Family Homes.

Mainly because they advertise saying they have been investing over the last 15 years and been wildly successful.

I’m always looking for fresh ways to connect with clients and market properties effectively.Lately, I’ve been experimenting with AI tools that can quickly create short, eye-catching listing videos.

Quote from @Abigail Joanna: Sales agent is pushing me to put the offer in and have a long option period so they can get the tenant out, but I'd rather wait to submit the offer until tenant eviction is completed.

Keep your eyes open, be the best at what you do, be honest and transparent, and the right partners will come :) 

I've been having an eye-opening discussion with ChatGPT to understand how the rate of return I need to service the debt (roughly break even) went from the 7.268% APR to around 8.23% (after tax) to around 11.83% (pre-tax, assuming a 27.8% effective tax rate based on my income, federal tax bracket, and state). 

here's why: there really is not cash flow right now in the first few years (or sometimes longer) on long term rentals, anywhere.