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Updated about 9 years ago on . Most recent reply

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Kohren Rowland
  • philadelphia, PA
1
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flipping in Wilmington, DE

Kohren Rowland
  • philadelphia, PA
Posted

I have read many blogs and books regarding flipping. I already own a large rental property in Philadelphia. That seems to be going well, but I want more. I want to try my hand at flipping a property in Wilmington, De. Are there any local investors that may be able to lend there knowledge, success, mistakes, and lessons learned to a flipping newbie?

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171
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Rick C.
  • Rental Property Investor
  • Collingswood, NJ
61
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171
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Rick C.
  • Rental Property Investor
  • Collingswood, NJ
Replied

Hi @Account Closed - I ended up moving the focus of my business to Philadelphia, PA and Tampa, FL. Although the cash flow was good in a lot of the neighborhoods in Wilmington, it just did not have the population or job growth, particularly among the creative class, to make it favorable enough for me to be a buy and hold investor there.

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