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Updated over 7 years ago on . Most recent reply

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912
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Patrick Philip
  • Florida
107
Votes |
912
Posts

Wholesaling and rehabbing in central Florida?

Patrick Philip
  • Florida
Posted

I would like to get in to both of these ventures. Is it a good or bad market to do so in? I've done a lot of research. Are these ventures generally successful in a buyer's market and not as successful in the sellers market that I believe we are in? How do I analyze the market to know what position it is in? Could I possibly have more success by just going to another location? And how would I know what that location is?

Most Popular Reply

User Stats

912
Posts
107
Votes
Patrick Philip
  • Florida
107
Votes |
912
Posts
Patrick Philip
  • Florida
Replied
Originally posted by @John Thedford:

It doesn't matter where you operate. You have to MAKE deals. This means buying well under market. You need to take all your costs into account including rehab costs, financing costs, holding costs, marketing, costs of sale, etc. 

 The problem is that people aren't wanting to SELL at that price. That's what went wrong with my last campaign.

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