Do you like December? I certainly do!

Not only because I enjoy celebrating both Christmas and Hannukah, and not only because I get more time off with my family, but also because there are some great deals on investment properties to be had right before the holidays!

I know. I’ve disappointed you. Here I was, talking about holidays and family, and I circled back and made this about real estate.

What can I say? Every December, I have a couple of investors who seek to pick up a property right before Christmas, knowing that a lingering listing is a good target and a fantastic opportunity.

In today’s Pick5, I want to talk about freehold properties as a long-term investment.  I’m talking about those easy-to-rent, entry-level houses that might have run $1.3M at the market peak in spring of 2022, but now might cost $1.1M instead. For the long-term investor, that’s a spread that will be put back into their pocket, and then some. And in the meantime, the rental market has never been hotter, and there are no shortage of renters looking for 3-bed, 2-bath houses for $4-5K per month.

Let’s look at five properties, ranging in price from $974,900 to $1,599,000, and consider what some of these owners paid for the homes as well as what previous list prices were too.

Hope you enjoy!