It is very unusual for rents to hold steady throughout the holiday months, traditionally the slowest time for the rental market.Rentals - Availability by MonthThe number of homes for rent decreased MoM, which is expected for this time of the year.Rentals - Median Time to RentMedian days to rent increased MoM, conforming to the seasonal trend.Rentals - Months of SupplyRental inventory decreased significantly MoM, now at 1.4 months, indicating a landlord’s market.Sales - Months of SupplySales inventory has ticked up MoM to just below 2.4 months, still a seller’s market.Sales - Median $/SF by MonthPrices decreased MoM, perhaps finally catching up to the holiday “slump” that did not occur during the holiday months.Why invest in Las Vegas?

If not, you won't be able to sustain financial independence—rents rising slower than prices means your purchasing power decreases over time and you will have to get a job to make up for the loss in buying power.

You can still have a low to mid 6 interest payment and increase your cashflow with the decreased payment.

We are inverse from 2020, which was way too few properties and way higher demand.Now, we have decreased demand and way too many properties.That said, there are some deals to be had in the Smokies these days!  

Under utillizing the cash flow generated would decrease the value of this strategy. 

This allows one extra monthly payment to be paid every year which can accelerate the pay down of the loan, can pay less interest on the loan over time, and build equity faster (while decreasing your LTV, which helps with more financing).From a strategy prospective this can actually benefit you a ton.

I gather info for every market and/or state in the US and 43 of 67 markets and states (all across the US) I track saw Days on Market (DOM) decrease month over month.

Are you decreasing your advertised rent month over month with no luck?

Since purchasing our home the value of the property has decreased.

Holding this property longer will decrease that profit (as in losing money) by the day.