Time for a quick quiz! How many states have a statistically adequate supply of affordable housing?
If the state you live, work, and/or invest in were to be among those that have a demonstrated need for affordable housing, you may be missing out on a clear opportunity. There are investors out there looking for sellers of distressed properties to be able to fix and flip. Depending upon the neighborhood, those same properties could be fixed and made into rentals. Although the rent may not be at or above market rates, it also means that the “fix” part may not be as significant as it would be for a quick resale.
Some affordable housing tenants don’t mind if the appliances don’t match or they don’t have a room with a view. They need a place that is functional and they can live in. Meanwhile, some municipalities provide incentives for developers of affordable housing to help fill the need.
Houses, apartment buildings, and vacant parcels need to be placed on the market, whether investors acquire them from motivated sellers or brokers uncover and list them. It all means plenty of opportunities for all concerned. My team and I can assist with identifying opportunities which match your current scope. Being “first in” on opportunities can be life changing.
This means you! The answer to our quiz, as you can see with the below linked research article I am happy to share, is that NO state currently has adequate affordable housing. Let’s connect!















