I have been on BP a long time and maybe about eight years ago , a person had a small chance of finding a posted house for sale here that can be flipped.

Granted, I am a part-time flipper, but most houses I see the pricing does not make sense for what I have to pay for labor.  

The market is somewhat competitive, with homes receiving multiple offers and selling quickly, but there are still good opportunities with strong cap rates and value-add potential.Advantages of investing in a Rochester multifamily property:1.

The property is selling for 224k.

When I tried to get it when my side of the family found out and tried tp take over reverse mortgage payments to bank because she had died it was to late so they sold the house to Hud and then other reverse mortgage companies but a relative still lives there so they can't kick them out.

The investor “gave up” after numerous attempts to sell the lot or get a “refund” from the county proved unsuccessful.  

Our current focus is workforce and affordable housing investing.

Study what kind of properties sell, for how much, and what kind of tenants live there.Think with a 10year+ vision, but a decently sound property (not a 1900 single family conversion that is begging for a full gut rehab), and but in the RIGHT location. 

In 2024, 47% failed to sell even 1 house.

Local PM here - we have multiple development projects we are gearing up to sell, both small multifamily and townhouses should you want to take a peak at them.