Episode #975 Support Today’s Show Sponsor, Rent App: The Free and Easy Way to Collect Rent: https://rent.app/landlord Episode Show Notes: https://link.chtbl.com/BPRE Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Want to Run Your Rentals Better? Grab the New Book “The Self-Managing Landlord”: https://store.biggerpockets.com/products/self-managing-landlord Property Manager Finder: https://biggerpockets.com/findapm See Dave at BPCON2024 in Cancun! https://www.biggerpockets.com/events?utm_source=youtube&utm_medium=description&utm_campaign=none Rent Prices Are “Guaranteed” to Increase Over the Next Two Years—Here’s Why: https://www.biggerpockets.com/blog/rent-prices-are-guaranteed-to-rise-over-the-next-two-years?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave on BiggerPockets: Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none The rental market could finally be returning to stability after a wild past four years. Since 2020, we’ve seen rent prices skyrocket almost overnight, with huge asking price increases for single-family homes, multifamily apartments, and everything in between. But that trend quickly reversed as the fight against inflation began, mortgage rates rose, and would-be homebuyers sat still, not knowing whether to stay renting or search for a home. But, a return to “equilibrium” may be coming soon, and that’s good news for landlords and renters alike. To break it all down, Zumper’s Anthemos Georgiades joins the show to share his team’s latest rent data. Anthemos brings some surprisingly good news for landlords, from new month-over-month rent growth data to consumer preferences shifting to a more renter-focused lifestyle; now may be the moment landlords have been waiting for as renter demand looks promising and rates stay high. We’ll also discuss the inflation lag effect our rental market has caused and how to stay on top of current rent prices. Has the dream of homeownership died? And if so, how do YOU attract the long-term renters who want to make a home out of your house (while paying YOU rent!)? Stick around for this rental market update every landlord needs to know about.