If you are in the Fix and Flip business, you may be wondering where to invest your money. In this article, we will take a look at the top 5 Fix and Flip markets for California as of 2021. This list should give you some ideas on where to go next with your Fix and Flip business!
For Investors by Nvestors
The COVID-19 pandemic has brought challenges to just about every industry. The housing market, and the fix and flip market in particular. With interest rates continuing to stay low demand for houses remains high; however, homeowners are un-eager to put their homes on the market rather than opting to sit tight, despite increased home values, which is leading to a lot of fierce competition that doesn’t show any signs of slowing down in 2021. With the right research investors seeking out fix and flips can score big this year.
Investing in Airbnb rental properties can be a lucrative addition to your real estate portfolio. With high passive income possibilities and a large market of possible renters, it appears to be a sure bet. However, with its growing popularity comes added competition. Maintaining consistent Airbnb bookings has become more challenging as more properties get added to the market.
With interest rates continuing to stay at all-time lows and home values growing year-over-year, real estate investing has become a go-to for many portfolios.
Landlords have had a challenging year, to say the least. With layoffs and furloughs affecting huge swaths of tenants, evictions moratoriums, and rents dropping, it would seem like a good time to stay on the sidelines for the time being.