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One season or another

Is it the season, or what? Lately I've been showing a lot of multi-family properties in Montpelier. There are only eight for sale right now, and I think I've been in all of them in the last week. I think that's great. There's some pent up demand for multi-family properties, not the kind where people have been looking and looking and looking and can't find anything. No, this feels more like the kind where people really want to look, and really want to buy, and are finally at peace with the situation.

My children, it's ok to invest in real estate. It's ok. No penance needed on this one.

But, be patient with tenants. I had two apartments cancel showings today because of this crazy stomach bug that's zipping around Montpelier. Two out of ten. But still, 20% that were up all night throwing up? Yes, we'll gladly reschedule for next week. Open the windows.

Posted Monday Feb 21