I’ve just read another article today confirming that the investors market is really heating up and changing. Specifically the market I work in-The Luxury Flip.
I’ve found that for the first time in 6 or 7 years investors are writing checks for investment property of all values however the number of investors fighting for the lower end price point make it all but impossible to make a prudent deal.
The investors that I work with who are willing to take the risk,spend the money on the initial purchase and the higher renovation costs are seeing a greater return on their investment. The DOM are getting better every day and the bidding wars have been fantastic! This is definitely in my opinion the arena to be working in with todays investor.