I buy houses in the Memphis market.
Terry Clothier REI Nation

Wow, what a rollercoaster 2024 was for the housing market.

Their children (now in their late 40s) inherited the house, but they have not listed it on the market, and I heard that neither is willing to move into it from their current setup, so the property has been sitting vacant.

Listing your property there ensures visibility.Build Relationships: When agents reach out, respond quickly, highlight your property’s amenities, and showcase your flexibility to meet displaced families’ needs.Highlight Insurance-Friendly Features: Emphasize features like flexible lease terms, utilities included, and a fully furnished setup to attract insurance placements.This approach has helped me successfully market to insurance companies.

I also have multiple tenants in the Ohio market that are part of the voucher program (CMHA & Eden).

We accept all applications and in the case of section 8 the only real time we don’t is if the numbers don’t make sense with market rent vs HUD standard.  

The Latest OTM episode calls out some markets that I've been hearing about for a while, ie Dallas, but one specifically that caught my ear....

Which market do you have experience in and how is your experience working remotely with your real estate team in the area?  

Low or no down, seller financing and low or no interest with a balloon payment later is the holy grail (location, building condition, market also matter but it sounds like you have all that).

Firstly I apologize that I do not have any market insights data specifically, but Houston has been a rough market as valuations have pulled back.