Current Market Conditions

Current Market Conditions

Realtor · Jacksonville, FL · Member since 2023 · 19 posts · 4 votes

Hello Everyone!

I am a local real estate agent here in Jacksonville, Florida. I wanted to begin this forum and get insight on how investors are doing in the current market conditions. Is there anything you have adapted into your model over the past couple months that has gotten you results, or if looking for guidance on exit strategies that is not just flipping, please feel free to share them!

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Kyle EbersoleBusiness Member
Real Estate Agent · Lancaster, PA · Member since 2022 · 78 posts · 75 votes
2y

Main thing I have implemented is I don't get as aggressive. Run my ARVs more conservatively and don't always shut for the highest comp. That saves me incase anything takes a down hill and if it doesn't, well a single just became a triple or a home run of a deal! 

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  • Flipper/Rehabber · CA · Member since 2023 · 1k+ posts · 1k+ votes
    2y
    Quote from @Batin Apalan:

    Hello Everyone!

    I am a local real estate agent here in Jacksonville, Florida. I wanted to begin this forum and get insight on how investors are doing in the current market conditions. Is there anything you have adapted into your model over the past couple months that has gotten you results, or if looking for guidance on exit strategies that is not just flipping, please feel free to share them!


  • Flipper/Rehabber · CA · Member since 2023 · 1k+ posts · 1k+ votes
    2y
    Quote from @Batin Apalan:

    Hello Everyone!

    I am a local real estate agent here in Jacksonville, Florida. I wanted to begin this forum and get insight on how investors are doing in the current market conditions. Is there anything you have adapted into your model over the past couple months that has gotten you results, or if looking for guidance on exit strategies that is not just flipping, please feel free to share them!


     Welcome, I just flip currently. I used to have a exit strategy to hold for ltr if a house didn't sell but in light of being a landlord in CA nowadays it's a hard pass. My emphasis is on as fast a flips as possible.

  • Kyle EbersoleBusiness Member
    Real Estate Agent · Lancaster, PA · Member since 2022 · 78 posts · 75 votes
    2y

    Main thing I have implemented is I don't get as aggressive. Run my ARVs more conservatively and don't always shut for the highest comp. That saves me incase anything takes a down hill and if it doesn't, well a single just became a triple or a home run of a deal! 

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