Learn your market inside and out—know property values, motivated seller strategies, and how to analyze deals properly.

.⚾ Franklin Yards-Gastonia- A $26M, 5,000-seat multi-purpose sports and entertainment venue, with future plans for residential, retail, and office spaces.🍽 Food Hall-Gastonia-Gaston County’s first food hall is in the works!

Educate yourself on how to handle marketing, screening, late rent, lease violations, etc.

To answer your question about the market, well it's all over the place!

I highly recommend investing in a property management software, such as Hospitable, for syncing your calendar, automating messaging, and scheduling cleans, as well as a dynamic pricing tool, such as PriceLabs, for optimizing your pricing based on market demand, local events, and seasonality. 

I think Lakewood is the best market in Cleveland, but I am hearing people tell me to expect rents that seem impossible there.

Currently Market value of this condo is close to $100k.

 Which city in the United States has appreciated the most over the past 10 years?

Additionally, consider factors like vacancy rates, property taxes, and long-term market trends in your target area.

Thinner margins are a reflection of overall market conditions so you need to dig deep into the assumptions to understand the risk being taken to deliver those numbers.