This improvement suggests a growing buyer interest and possibly limited inventory, creating favorable conditions for quick turnovers.Toledo OH - RE Analysis (April 2024) - House Sales (1).pdfDemographics and Economic FactorsPopulation and Economic CharacteristicsPopulation Size: With a smaller population of 5,341, 43620 offers less competition in buying and selling, which is beneficial for flippers targeting niche market needs.Income Levels: The lower median household income ($27,442) suggests a demand for affordable, refurbished homes—ideal for flipping projects aimed at cost-sensitive buyers.Housing and Ownership TrendsRenter-Occupied Properties: A high percentage (68%) of renter-occupied properties indicates a transient population, potentially less targeted for flipping.

Both my partner and I cut our teeth working for someone else.

I chose to invest in a strong sub market (College Station) and have been cutting my teeth on a repositioning project the last 7 months...quite the learning experience.

This was an expensive PITA and had to be done twice since it's very sensitive to construction dust on walls.Apartments.com has been wonderful, easy and free for rent collection.Another website that I've also just gotten into for bookkeeping is  Stessa.com    Love it!   

That duplex is where we "cut our teeth" as the saying goes.

If you want to tag someone, just use the @ symbol, then type the first 3 letters (case sensitive, no space).  

Sensitive since it’s my son in law but I need to get house sold.You mentioned size of my house - If I understood you right you meant it’s larger home than typical.  

True Joel, but like pulling teeth to get Syndicators to show you their track record, ie actual total returns with breakdowns of distributions + capital appreciation + principal paydown etc, and SEC so loosely governs Real Estate that it's the only investment category that doesn't require standardized return metrics like the 30=day SEC yield on any fixed income product is mandatory, or audited GAAP accounting standards on finacials from public stocks/Reits etc Real estate seems to be still a bit more un-regulated "Wild Wild West" than other parts of the investment economy, but i guess hence the much better returns i've had in real estate, risk = rewards This is why the good sponsors get have audited financials and have a third party verify their track record.

Debt restructurization is common when rate-sensitive project is hammered when there's change in rate especially with these massive volatility.Now what I see is project with 1.4 DSCR initially is becoming 0.80 DSCR after rate increases 400-500bps. 

That's the issue with hotels is their sensitivity to a recessionary environment.