View In Browser

👋 Hey, Olivia! 

America’s biggest homebuilders are feeling the slowdown. D.R. Horton says spring sales are lagging. KB Home is slashing prices to spark interest. And Lennar? They’re offering jaw-dropping incentives—up to $52,000 on a $400,000 home. It’s all part of a broader shift: buyers are hesitant, confidence is shaky, and affordability is stretched thin. As a result, unsold new homes are piling up fast—117,000 in April alone, the highest since 2009. Most of that excess is showing up in Sun Belt markets like Florida and Texas, where inventory is already bloated. The good news? It's deals galore out there.

In this issue:

🧐 '09 Numbers? — It’s not 2009, but the numbers are looking eerily familiar.

🏘️ To STR, MTR, or LTR? — Doesn't matter. These markets show strong returns either way.

🔎 Proper Pivots — These are the portfolio pivots we’re making to improve returns without overextending.

A Staggering Housing Statistic That Investors Can't Ignore

By Ashley Kehr

It isn't 2009, but some of the numbers we're seeing in the housing market make it look like it is. But it's not all bad news. Here's how the balance of power is shifting and where the opportunity lies.

Short AND Long-Term Rentals Cash Flow in These Three Markets

By Garrett Brown and Ashley Kehr

Not sure which rental strategy works best in today’s market? These three markets offer strong potential either way. With the right plan, both short and long-term rentals can generate solid returns—you just need to know how to run the numbers and spot the opportunity.

Sponsored by Pacaso

Top Investors Are Buying This “Unlisted” Stock

When the team that co-founded Zillow and grew it into a $16B real estate leader starts a new company, investors notice. That’s why top firms like SoftBank invested in Pacaso.

Disrupting the real estate industry once again, Pacaso’s streamlined platform offers co-ownership of premier properties – revamping a $1.3T market.
 
By handing keys to 2,000+ happy homeowners, Pacaso has already made $110m+ in gross profits. 

Now, after 41% gross profit growth last year, they recently reserved the Nasdaq ticker PCSO. But the real opportunity is now, at the unlisted stage.

Until midnight PST, you can join Pacaso as an investor for just $2.80/share. Share in their growth before tonight's deadline.

5 Portfolio Pivots We're Making Right Now

By Ashley Kehr and Tony Robinson

Many investors are shifting away from growth and toward optimization. That means scaling back, cutting costs, and focusing on quality over quantity. Here are the five pivots we're making.

How Your Property Management Company Could Be Putting You at Risk

By Tony Robinson

Handing your rental to a property manager doesn’t mean you’re shielded from risk. Many investors discover, too late, that their PM is underinsured or that liability still falls on them. Unless you’ve reviewed the fine print and verified coverage, your “passive” income stream could come with these consequences.

⛰️ This market is starting to get desperate

🤨 The numbers look good, so why isn't everyone going after it?

🤷‍♂️ I bought land. Now what?

Together with Equity Trust

Claim Your 15-Minute Guide to Real Estate Checkbook IRAs

Free report reveals how to set up an LLC in an IRA to invest in real estate with more flexibility, speed, and control – plus tax advantages.