We start by looking at the individual property’s current equity, cash flow, and the impact of new regulations, including licensing requirements in various cities. It’s important to remove any historical bias and assess the property’s current financial health. Many investors who have held properties for an extended period may find that their expected returns have dwindled, often reaching single-digit IRRs when the market dynamics have shifted. Property Llama, our analysis tool, can help investors quantify these factors and make informed decisions tailored to their specific goals and risk profiles. We encourage investors to reach out for a thorough portfolio evaluation to ensure their equity keeps working for them while maintaining a high IRR.