Down Payment Assistance: Proposed up to $25K in down-payment support for 1st-time homebuyersMarket implications under Harris include potential stabilization of home prices through increased housing stock, enhanced affordable housing options, reducing competition in rental markets with a greater focus on urban development and rental price controls.Savvy investors may want to focus on affordable housing opportunities and urban renewal projects under a Harris administration.Former President Trump will likely focus on deregulation and private sector growth, emphasizing market-driven solutions and reduced government intervention.

offering now 1.25M for the 1.495M listed property, with 25% down, no bridge loan, got an 8% offer. there are over 7 offers so not sure that this will be competitive but we will see.estimating around 60k total renovation as only 1 unit needs a full reno, other 2 need new kitchen cabinetry, nicer bathroom vanities and flooring. waiving inspectionHere are the updated rent forecasts, a 2bed can rent 2200/m and a 3bed around 2500/m in this area very close to Yale, 1st year negative but after that should be good CFhttps://docs.google.com/spreadsheets/d/1bLcUAKN5j8CpIKhcBKaD...

But as an investor I see that as a high level of competition in a market that doesn't have enough draw for families (mine, at least).2.

If the liens against the previous owner are insignificant then I would prefer to purchase the property from the owner and not have to deal with competition.

Investing now may be worth it, as interest rate cuts in 2025 may increase competition and prices.

With todays higher interest rates and competition from other investors that drive up distressed housing prices we've hadn't had any luck getting new deals to pencil out.

Agreed, I think the market will really start to spur up when rates get a little more competitive. 

In fact, now may be the best time of the year to buy properties due to reduced buyer competition and seller motivation (those selling now are probably committed.)

I’m starting with just 1 listing but plan to recruit neighbors in my beach market to list on my custom website tailored to our community / market so I hope to be at 10+ listings soon even though I only own & operate 1 right now.Guesty’s pricing did not appear to be competitive and for someone starting with fewer than 4 units but planning to scale up behind that, Guesty does not offer a migration path from their “for hosts” product to their “for pros” version - it would have been a complete redo on setting everything up.

I can't re-iterate enough how much better data I have actually spending time analyzing my market and understanding my competition.