Something Interesting I Noticed While Running Numbers in the Triad
Noticing a pattern lately:
Some properties that look overpriced at first actually make more sense after adjusting for realistic rents and PM costs in this area.
Examples:
• 3-bed units renting faster than 2-beds
• C-class neighborhoods showing surprisingly low vacancy
• Light value-add increasing rent by $150–$200 with minimal work
Anybody else seeing similar patterns in their underwriting?