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Updated over 7 years ago,
What percentage are investors buying at around the country?
Hey BP and members,
I have been doing a little research in my market to see what percentage investors are buying their properties at. I have come to the conclusion in the Greater Tampa Bay Area that fix and flips are being bought at (75-78% of ARV) - repairs or less.
I am just curious to know what investors are buying in other areas of the country where investment real estate is HOT. I know Houston, Dallas, and Austin, Texas have one of the hottest markets in the country for flipping and holding. I have also notice Nashville, TN along with Raleigh and Charlotte, NC have been doing pretty well.
Anyone with a little insight on different areas around the country, your knowledge would be greatly appreciated.
Thanks.