.🏗️ Wholesale Inflation CoolsThe Producer Price Index (PPI), which tracks costs for businesses, actually fell 0.1% in August.

Is there a reliable app or software that you can just enter the subject address and it takes all the guess work out and produces accurate comps? 

Since minerals are deeded real property, they qualify as “like-kind.”That opens up a different lane for investors  who are tired of managing their properties and for any agents that are up against the 1031 clock, you could roll your investment into producing mineral interests.This could lead to diversification in your portfolio, a hedge in inflation, and a truly passive investment.Has anyone here actually done a 1031 into something other than real estate (like farmland, minerals, etc.)?

Cap Rate (short for Capitalization Rate) is a quick way to measure how much income a property produces compared to its value.

We were able to produce our 2nd win in this very challenging market.

If it's raw land, they do have the option for a "hobby farm," which doesn't need to produce income.

Sure it will produce more unqualified people but is that what you really want? 

📅 Coming Up This Week• Producer Price Index (Wednesday)• Consumer Price Index + Jobless Claims (Thursday)Rates are already moving!

At historical occupancy (~60–65%), the deal produces healthy positive cash flow.Occupancy used to average 60–65%, but recently dipped to the low 40s due to management/marketing issues.Strong potential to restore performance through operational improvements.Hostel market demand remains resilient with strong traveler interest.

After accounting for purchase price, maintenance, and the sale, the deal produced $125,000 in profit, a 2.47x equity multiple, 9% average cash-on-cash return, and an 18.7% IRR.