BiggerPockets Daily The Five Best Markets to Buy a Fixer-Upper In
Jul 30, 2025
Discover the potential of buying fixer-uppers in today's housing market! Explore the top U.S. cities like St. Louis, Detroit, and Oklahoma City where renovations can lead to big profits. Learn strategies for navigating property management and capital gains taxes. Uncover how sweat equity can pay off in competitive areas like Pittsburgh and Buffalo. Whether you're a seasoned investor or a newbie, this discussion is packed with valuable insights on making smart real estate choices.
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Fixer-Uppers Stay Profitable
- Fixer-uppers remain profitable despite high mortgage rates and home prices.
- They offer accessible investment with strong price-to-income ratios and renovation potential.
Slowing Home Appreciation Reality
- Home appreciation is slowing in many fixer-upper markets.
- Investors can no longer rely on fast appreciation gains alone for profit.
St. Louis Tops Affordability List
- St. Louis offers high affordability for fixer-uppers with a 62% income surplus.
- Median home prices are substantially below the national average, attracting value hunters.