As an affiliate broker in the Nashville area, I'm noticing off-market inventory getting tighter and buyer demand not really slowing down. Curious what other investors are seeing right now — are you still finding worthwhile deals in core Davidson County, or has everyone shifted further out to places like Murfreesboro and Gallatin just to get any margin? Also wondering if appetite for rehab-heavy properties has cooled given where rates are, or if people are still willing to take on the work if the numbers pencil. Would genuinely love to hear what's converting for people lately versus what's just noise.
As an affiliate broker in the Nashville area, I'm noticing off-market inventory getting tighter and buyer demand not really slowing down. Curious what other investors are seeing right now — are you still finding worthwhile deals in core Davidson County, or has everyone shifted further out to places like Murfreesboro and Gallatin just to get any margin? Also wondering if appetite for rehab-heavy properties has cooled given where rates are, or if people are still willing to take on the work if the numbers pencil. Would genuinely love to hear what's converting for people lately versus what's just noise.
It feels like a lot of investors are becoming more selective rather than slowing down. If a value-add deal has enough margin, there's still plenty of interest, but the days of overpaying and hoping the numbers work are fading. I've also noticed more out-of-state investors comparing Midwest markets, where there's still room to find off-market opportunities with stronger cash flow and less competition. At the end of the day, good deals still move quickly no matter the market.