2min chapter

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#1201 Build Wealth with Real Estate: Strategies for 2023 | Build or Die Real Estate Conference

The Pomp Podcast

CHAPTER

The Impact of Interest Rates on the Short-Term Rental Market

The short-term rental market a year ago, you were looking at like 80% net profit compared to your debt. And now you're maybe 5% to 10%. So the increase in interest rate has made it so that you're making a lot less profit if any profit at all. If you can buy all cash, then you're kind of assuring yourself some cash flow.

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