Source: saintpetersburgtimes.fl.newsmemory.com
Over the past year, investors have earned an average gross return of 16.7 percent on local residential properties they bought, according to the online real estate investment site BiggerPockets.com. That ranks the bay area sixth among the nation’s top 50 metro areas.
Flipping homes has become increasingly more difficult as finding the inventory is extremely challenging. The returns on these flips have consistently decreased over the past few years, but there are still select opportunities in select submarkets for the savvy investor.