Good evening bigger pockets people , Due to current market conditions, What’s a good area to flips property in the Philly , Jersey , Delaware area .

I am not sure if I want to pursue residential or small commercial investment/development yet. 

I had it customized to my business with a developer.

In the Cincinnati market, there are homes still meeting 1% rule.

Any tips or insights navigating the current market conditions?

Beautiful property and the lender rate is great in this market.

Hi @Sunny S. turn key properties are always the way to go in the Memphis market.

Consider whether you aim to build a substantial real estate portfolio for ongoing income or diversify investments over time.Risk Management: Assess risks associated with property ownership, including vacancies, maintenance costs, and market fluctuations.Risk Management: Assess risks such as vacancies, maintenance costs, and market fluctuations associated with owning multiple properties.Tax Planning: Work closely with a tax professional to develop a balanced strategy that maximizes current income offset with depreciation, while planning for depreciation recapture and optimizing use of 1031 exchanges.

I’m very interested in developing the real estate side of my portfolio.

You have to have a budget for marketing.