Investment Property Trends
Hello all -- Realtor / investor out of League City here. Curious what you guys are noticing / seeing as we hit the end of July.
I work w/ an investment firm and in April, May, June we bought & sold 10 properties each month. 30 total. But we're entering the last week of July with 21 properties purchased and 17 sold south of the Beltway - pretty much a standard "pre-Covid" month for us. One thing I've noticed this month is a stronger push for buy & hold properties vs fix 'n flips. A typical month is probably 80/20 flip vs. hold, but this month it's closer to 50/50. I know no one likes to list a flip around Thanksgiving, but I figured we still had another month or so to get some solid flips in.
I'm curious as to what are you all seeing lately? Are you guys seeing more deals available than previous months?
TIA and as always - if you're looking to connect, drop me a line.
Most Popular Reply
Let me guess, New Western. Who says they don't want to list a property around Thanksgiving, especially in this market?