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Buying Your First Flip

Sep 10, 2017 / Fix and Flip

When everything is in place and you're ready to purchase your first flip - what are you looking for, and where? 1. Real estate is all about location, location, location.Now I'm not suggesting that you should not be looking in fringe or upcoming neighborhoods as there is a great deal of money to be made in those areas, but what is the market activity in that specific neighborhood? What are the sales prices p.s.f. (per square foot)? Not the average listed price, but the actual closed price p.s.f. What is the competition? And, what is the More...