The entry level point for STR's has risen to the $4-500k range with many now pushing $750-850-$1M+ and I would expect that to continue to increase.

These areas offer stable rent-to-price ratios, landlord-friendly laws, and solid appreciation potential-great if you’re looking to scale steadily without having to self-manage or do heavy lifting on every deal.Feel free to reach out if you want help analyzing a market, evaluating cash flow, etc.

Hey @Boris Le  👋🏽Prices in Chicago have definitely risen over the past few years, but we're still not as high as some other areas.

In the past I have driven for dollars, and I have steadily found off market deals and potential flips.

Steadily is often recommended on BP and we've used them with good results.

Rents have been steadily increasing.

This approach allows you to build equity steadily, enjoy some cash flow (or at least mortgage offset), and retain an asset in a potentially appreciating market.

Esp bc costs of cleaning etc have risen since thenI haven't been doing the math on current listings, but once we hit a 7X annual rents threshold, things should start to pick up.Collin, do you happen to know or have the metrics of the pre-covid booking tourism #'s in the area?

This approach allows you to grow steadily while maintaining control of your time and cash flow.Here’s how you can maximize your position: 1.

We know prices have risen significantly since the horrendous affordability of the 1980s.