Greenwood, old town neighborhood

[Angela Smith]

Greenwood is getting started on some major downtown renovations. there are homes available in the old town greenwood area. Currently, this area has a LOT of rentals. But, I'm wondering what your thoughts are on gentrification here? Do you think that the homes nearby to the old town area have potential for flipping?

[Zach Hoereth]

@Angela Smith Similar to @Shawn York I have looked here for buy & hold, but have been reluctant to pull the trigger on flips. I have started to see the market softening as a whole so that is what has been holding me back. I have friends who are currently flipping, but a number of their homes are sitting on the market as they continue to face carrying costs. Unless you can get a smoking deal... I would tread carefully. Hope this helps! 

Cheers,