Investors buy here because of strong jobs, strong rent growth, strong appreciation and the future cash flow but honestly many of my clients are playing the long buy and hold, appreciation game.

My family and I decided on Reno because of the low property taxes (that don't reassess on the sale), much more favorable tenant/landlord laws than CA, diversified job growth, population growth, close proximity to Lake Tahoe and the Bay Area, and the overall weather is not as harsh as a lot of other areas across the country. 

I suggest leveraging this platform for networking, ongoing learning, and continuous growth.

Virtual assistants (VA) can help with tasks.

Each individual one looks scary and increases near-term risk for landlords, but it effectively locks in additional compound growth in the long-term as is ultimately reduces supply and competition. 

Quote from @Jackson Ebersole: Hi Piper,It's always smart to flip properties in-state, and I'd like to share some updated insights on why this approach is beneficial, especially in the New Jersey area.Lenders typically feel more comfortable with in-state flips because:You can manage the rehab more easilyYou have better knowledge of local real estate trends and valuesYou can respond quickly to issues or make decisions fasterThere's a lower risk of fraud or being taken advantage of by distant partnersI can help you with recommendations for the New Jersey market:North Bergen: Continues to show strong potential, with average profits now around $150,000 per flip and a gross ROI of 85%.Willingboro: While specific flip numbers aren't available, the market remains active with a gross ROI now averaging around 130%.Gloucester City: Still a top performer, with gross ROI hovering around 180-190%, though still on smaller profit margins.Irvington: Home values have continued to rise, with a 20% increase over the past two years.East Orange: Has seen steady growth, with home values up by about 16% since 2022.Paterson: Experienced a 14% increase in home values over the last two years.Additionally, Jersey City and Newark have emerged as promising markets for flips, with strong appreciation rates and growing demand.

If they are not good tenants, the lease does not get renewed.When we determine the general direction for the year we look at:- inflation (US)- hourly wage growth (US)- market rent growth (in my case Milwaukee)We also monitor the market and our competition, we get feedback with every turnover and see what fair market value is.

Are you looking to lead with long-term cash flow, equity growth, or maybe both?

@Natalie Johnstone I would look in areas you have some knowledge of, that you possibly have connections in or at the very least are landlord friendly and experiencing strong economic growth!

High interest rates and dwindling capital reserves have led smaller investors, who have long driven the market, to pull back.Shift in Investor BehaviorFor years, individual investors fueled price growth through small-dollar deals, but rising interest rates have made them less aggressive.