Ensure your pricing is competitive and that your minimum nightly stay aligns with market trends.

I hear that the same can be said for phone calls - and after a brief surge in text response that too is starting to be ignored.So, while a continuous campaign funded at a fairly large level (top wholesalers spend $15,000 + monthly on marketing), the trend is that people DON’T want their personal space and sanctums violated by advertising.  

Here's some guidance on buying your first investment property in Southern California or Columbus, Ohio:Down payment:For investment properties, lenders typically require 15-30% down payment on your first investment15% down is possible with excellent credit (700+ score)20-25% down is more common, especially for multi-unit propertiesSection 8 considerations:Pros:Guaranteed portion of rent from governmentPotential for longer-term tenantsMay be easier to fill vacancies in some areasCons:More paperwork and inspections requiredRent amounts set by local housing authorityPotential property damage concernsOther tips:Research local markets carefully - price trends, rental rates, etc.Factor in all costs - taxes, insurance, maintenance, vacanciesConsider starting with a single-family home or small multi-unitBuild a team - real estate agent, property manager, contractorsHave cash reserves beyond just the down paymentUnderstand landlord-tenant laws in your chosen locationI'd recommend talking to local real estate agents in both areas to get more specific market insights.

Staying informed on local laws and market trends is essential.So while that 5-star rating helps boost credibility, it’s just one piece of the puzzle.

Quote from @Jackson Ebersole: Hi Piper,It's always smart to flip properties in-state, and I'd like to share some updated insights on why this approach is beneficial, especially in the New Jersey area.Lenders typically feel more comfortable with in-state flips because:You can manage the rehab more easilyYou have better knowledge of local real estate trends and valuesYou can respond quickly to issues or make decisions fasterThere's a lower risk of fraud or being taken advantage of by distant partnersI can help you with recommendations for the New Jersey market:North Bergen: Continues to show strong potential, with average profits now around $150,000 per flip and a gross ROI of 85%.Willingboro: While specific flip numbers aren't available, the market remains active with a gross ROI now averaging around 130%.Gloucester City: Still a top performer, with gross ROI hovering around 180-190%, though still on smaller profit margins.Irvington: Home values have continued to rise, with a 20% increase over the past two years.East Orange: Has seen steady growth, with home values up by about 16% since 2022.Paterson: Experienced a 14% increase in home values over the last two years.Additionally, Jersey City and Newark have emerged as promising markets for flips, with strong appreciation rates and growing demand.

Although I don't personally like the trends, they were supported the City of BBL's October Compliance & Occupancy Data, which provided the following:1 - The occupancy rate for October was 38%, which compares to 55% prior year; 2 - Average nightly revenue dropped by 36% on a year-over-year basis; and3 - Demand decreased by 22% on a year-over-year basis, while SUPPLY ALSO INCREASED by 13%!

These neighborhoods are usually less risky than C Class areas, but showing solid comps, market trends, and your plan for value-add improvements will boost lender confidence.If you need any help with financing options, structuring deals, or putting together proposals, feel free to reach out→ I'd be happy to assist!

We also pull a list of rental comps to determine the trend in what our competition is doing.

What are the best websites that monitor trends in populations and real estate for USA?

I’m thrilled to be a part of this wonderful community of investors.Whether you’re looking for insights into the commercial market, need advice on your next investment, or simply want to discuss trends over a coffee, I’m here to help.