After the pandemic-fueled housing boom cooled somewhat in 2023-2024, the market has found a new equilibrium that presents interesting dynamics for flippers.Key statistics worth noting:- Median home prices have stabilized around $450,000, representing a 3.5% increase year-over-year- Average days on market: 42 (up from the frenzied 12-15 days seen in 2021-2022)- Inventory levels have increased by approximately 25% compared to early 2023Where to Find Flipping Growing NeighborhoodsSeveral Phoenix neighborhoods are showing particularly strong potential for profitable flips:1.

@Susan Kang what is drawing you specifically to these two markets as compared to other great markets in the mid-west?

Here’s a quick overview of potential pros and cons, along with general advice on working with hard money lenders like them.Pros:Flexible Financing Options: Rehab Financial Group often specializes in real estate investing and provides hard money loans for BRRRR deals, which may be a good match for your needs.Quick Funding: Hard money lenders like Rehab Financial can sometimes offer quicker access to funds compared to traditional banks, which is important for BRRRR investors looking to move fast on properties.Cons:Higher Interest Rates: Hard money lenders usually charge higher interest rates than traditional financing sources.

But at a lower rate compared to other cities that are growing. 

From the research I’ve done so far, it seems that South Carolina taxes investment properties at 6% which makes a tax bill quite high compared to a primary home.

You can leverage the first deal you bought and your experience so far, which is a lot compared to someone starting.

I would compare the return on your rental to your stock market portfolio.

Get 3 quotes for the whole project and compare them together.

By having additional parcels, investors can generate more equity and value compared to simply adding an ADU.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.