Hey Zahra,Have a lot of clients working down there and you are correct, it has become a great place for investors.Biggest differentiator that I have seen has been on appraisals after the repair.

Sometimes, unseen issues (like major repairs) end up costing more than the discount you negotiated.Final Thoughts•If there are no major rental restrictions, and the numbers work based on rental comps, this could be a great first investment.

Then if I have additional concerns I call in an expert to get further information and an estimate on what the repair will cost.

However, the number of homes sold decreased by 25% during the same period, with 505 homes sold in January 2025 compared to 673 in December 2024.RocketLooking ahead, forecasts suggest a period of relative stability in home values, with a slight 0.1% increase anticipated between February and April 2025.

Through renovations of the apartment units and recently executing a lease for the restaurant space, by the fall my rent roll will be increased to $29,600.00, My total costs will be $2.85M, and anticipate stabilized valuation to be $4M and is a true trophy property I will own with my capital partners for years to come. 

While this suggests that inflation is proving stickier than anticipated, it remains well below the peaks seen in 2022 and 2023.

@Emily Pena building houseboat community in anticipation of rising sea levels?

Hello everyone,
I live in Greensboro and I’m trying to decide what is the most financially wise course of action. A real estate company told me the house needs too much work to rent out, and that an auction is the be...

Investment also spiked in Class A Short-Term Rentals (STR) and investors started paying higher and higher prices based upon anticipated STR rental rates, that exceeded sustainability based upon Long-Term Rental rates (LTR).

Taking longer than anticipated to complete the renovation due to unforseen technical challenges Lessons learned?