We’ve become accustomed to tales of a fiercely competitive real estate market. Although that competitiveness has eased in recent weeks as interest rates rise, properties are as expensive as ever. As a result, the competition isn’t ending with the traditional housing market.

This week’s Transformation Tuesday is from St. Louis, Missouri. 

There was a lot of appeal to the original state of this property: large fenced-in yards, open-concept living spaces, and great use of the limited square footage. These features, however, were drowned out by others that were dingy and outdated, including choppy wood paneling and inconsistent flooring. 

Right now, it seems as though the real estate market is too unpredictable to take any risks. Maybe you’ve been thinking about investing in real estate, but the timing doesn’t seem right. While it’s impossible to eliminate an investment’s risk, investing in turnkey single-family rentals is one of the best choices you can make for your financial future.

This week’s Transformation Tuesday is from Dallas-Ft. Worth, Texas. 

This 90's ranch-style residence had a lot to offer: a spacious yard, solid brick facade, and well-built cabinets in the kitchen. However, everything in between needed a bit of TLC! 

The housing market slowdown is on its way. Both rising interest rates (topping 5% for a 30-year-fixed rate) and inflation have Americans thinking twice about buying a home, especially for the first time.

This week’s Transformation Tuesday is from Oklahoma City, Oklahoma. 

This brick bungalow has had a charming exterior from the start—if in need of a refresh for the roof and shutters. Inside, however, its dated features and worn out surfaces were cause for concern. 

Some of the newest real estate markets in our repertoire at REI Nation are in the great state of Alabama: Birmingham, Tuscaloosa, and Huntsville.

This week’s Transformation Tuesday is from Little Rock, Arkansas. 

This spacious single-family appeared deceptively compact from the outside. Dingy colors on the exterior, plus a makeshift outdoor oven in the side yard, added up to disaster! Inside, half-hearted efforts to renovate left the living spaces segmented, when the bathrooms were in the most need of an update! 

On the cusp of the summer home-buying season, it’s becoming more and more evident that the housing shortage poses a problem for the average buyer. In fact, there’s a shortage of some 5 million homes across the nation. 

For real estate investors, diversifying your streams of income through the acquisition of multiple properties is key to building real wealth. On the other side of that coin, however, buying more properties means fielding more expenses.