"If" rental rates dropped in the area that the wise thing to do it lower the rent.

Cash now, maybe refi late next year if rates drop below 6% (I expect by Dec 2026 5.5% or lower with the new fed coming next summer). 

Although, prices have dropped they have not dropped drastically.

Since then, we've seen a noticeable drop in Airbnb bookings. 

I'm being told investors are not willing to buy unless the cap rate is much higher than what is the norm for the market historically. 

I'm seeing investor clients who are getting credits to help buy down rates on DSCR loans as well as some who are also getting price reductions.

Through my diligent follow-ups the my client came back around and wanted to start the process again on the entire portfolio since we have gotten quite a few rate drops.

This one is a newer build townhome in an A-class Bluffdale neighborhood — great location, newer construction, and easy to manage long term.Property OverviewProperty Type: Townhome – newer build, A-class neighborhoodPurchase Price: $480,000 (market value)Down Payment: $70,000Underlying Loan Balance: about $410,000Interest Rate: 2.375% fixed through December 2051Loan Start: December 2021Monthly P&I: $1,755Taxes/Insurance (Escrow): $470Total PITI: $2,225 per monthRented: $2,495 per monthServiced through Escrow SpecialistsProtection: Recorded Notice of Interest on titleWhy I Bought ItThis isn’t a big cash-flow play — it likely breaks even after reserves — but the rate was too good to pass up.

Since I know a lot of folks here invest in South Florida, thought I'd share the key findings:📊 Key Data:- Luxury inventory at 10.2 months (discounts averaging 10%)- Operating costs up significantly: Insurance +29%, Maintenance +24%- Cap rate spread: 4.7% (Brickell) vs 5.3% (Kendall/Doral)- Condo fees up 45% since SB 4-D passedFull report with neighborhood breakdowns: https://thsld.com/miami-property-management-trends-2026What are you seeing in your markets?

Don't look now but the FED meets tomorrow and is highly anticipated to reduce the FED Funds rate further by .25%Most Mortgage lenders have already priced this adjustment into scenarios which is why mortgage rates hit the lowest point of 2025 last week.