Hello everyone! We are firing up hard on some marketing and wholesaling efforts on the Western Slope of Colorado. We believe these smaller mountain towns are experiencing massive growth as Denver explodes west. We are working on setting up a list of every single person needed to be able to manage a fix and flip remotely.
This post is for people that love to pay cash for properties and perform fix and flips but are struggling to find deals in their area. I'm wondering what you would need to be able to invest in a hot market remotely and perform a virtual flip? Looking for advice from people who do remote fix and flips in what you look for in an area or boots on the ground people to create success. We have an extremely solid plan in place and look forward to doing more deals in 2018!
Flipping houses out of state in a hot market can be a struggle. I have moved out of "hot" markets and have instead found colder markets which provide cash flow instead.
With the way that the whole market is right now that is the best thing that I have found.
If you were to invest out of state and do flips the first thing would be to find out where and who. You need to build your team and then find a strategy to get off market deals because getting deals on the MLS is going to be impossible in a hot market.
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