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Updated about 2 years ago on . Most recent reply

User Stats

352
Posts
373
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Victor Steffen
  • Investor
  • Austin, TX
373
Votes |
352
Posts

What issues are common in your market?

Victor Steffen
  • Investor
  • Austin, TX
Posted

As our portfolio grows I'm learning that every market has its own unique hurdle(s) that show up repeatedly. (landlord regs, construction quality, financing, MLS issues, not-so-common common practices) A few personal examples:

-upstate NY: purchase prices too low for a bank to lend on

-central TX: foundation settling in almost every property

-San antonio TX: non-permitted accessory dwelling units

-Cleveland OH: is every property locked up by a wholesaler? (kidding.. but kind of not haha)

Curious what quirks are common in your markets that you're used to dealing with?

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