You’re absolutely right—speed is such a critical factor in securing deals, especially in a competitive market.

I have purchased an off-market property from an investor who now wants to sell the rest of his portfolio.

Depending on the condition you'll command a better price on the MLS vs. off market.

As we know stuff happens, if things change and can't assure that appropriate value-add at entry, it takes some exceptional integrity to tell those throwing $ at one "sorry, it's a no-go at the moment, we simply don't have viable enough deals to enter at this market timing" and risk they get imbedded with others. 

What are some other emerging markets maybe with a bit lower to cost to entry for a BRRRR strategy?

As we kick off 2025, the real estate market is continuing to evolve, presenting both opportunities and challenges for investors.

This means there are no checks and balances to ensure all transactions are entered correctly.

Keep in mind that this is also a very tough time to be entering the market as an agent because the inventory is so low.  

As we welcome 2025, we’re grateful for your continued trust in our market insights.

So, maybe do 30-50% down, for better cashflow and make sure you have reserves for mortgage payments in case there's a rental market dip in the future.DM us if you have any more questions:)