Demand in the market was very high after COVID.

My company scans and analyzes thousands of properties a day and I can say there are definitely better markets than others!

I would add Facebook Marketplace to your list for marketing.

Higher-cost markets can still work with appreciation, rent growth, and creative financing.Best next steps?

If rates drop, more buyers will come to the market and you can refinance to lower your monthly payment.

But it's playing with fire to buy there if STR is a priority as it's very likely they will eventually start enforcing it better.Yes I've seen this same thing in some of the markets we operate in.

Upfront Costs Readiness✅ Budget for repairs, upgrades, tenant screening, and marketing before listing.✅ Set aside funds for legal or professional fees if needed.4.

I'd love to hear people's thoughts on the current market and any success/fail stories in the Phoenix area.

Why do you think this will do well when you make it look nice on the open market and disclose it's in a flood zone and flooded in the past year?

Hi @Adriano Triana, nice to meet on the BP platform.It depends very much on your knowledge of the market.