Turns out, the demand for renovated homes actually picked up, since many locals were looking to move into places without the hassle of dealing with repairs themselves.From what I've heard, Tampa's market is showing some strong signs of resilience.

I’d also recommend checking out markets with strong rental demand and lower entry points.I specialize in DSCR loans for investors, so if you want to explore financing options that don’t rely on traditional income verification, I’d be happy to chat and help you get started.Looking forward to seeing where you land!

Unless you have very small apartments or with strange layout, I think you should be shooting for higher rents in this neighborhood which would probably make the decision for you to just go ahead and get the rehabs done before next year's high demand rental season.

Once you've built up some reserves or feel like you're in a good spot, you could switch gears to MTR, especially since you're so close to a hospital.And later on, you might even mix it up between MTR and short-term rentals (STR), depending on demand.

If the seller isn't willing to meet your demands, you may need to walk away from the deal.

They said this "feature" was requested/demanded by investors. 

Finally, focus on high-demand neighborhoods and have a backup plan, like renting if the flip doesn't sell immediately.Let me know if you need financing guidance or further tips.Best,Drago

Hi.  We have a 5 unit property in Willimantic , CT.  We had an inspection by the fire marshall, and he gave us a long list of things to correct.  He wants us to install permanent heating in all the bedrooms which will...

@Michele RichardChicago neighborhoods and suburbs are ideal for rental properties and Building Reconstruction Redevelopment (BRRRRR) due to proximity to major development projects, affordable multi-family units, and strong rental demand.

When supply and demand are disconnected then the market moves between top and bottom of cycles, but then equilibrium is reached.