Updated about 3 years ago on . Most recent reply
Best Markets to Flip in 2023
Hello,
Wondering what markets other are doing flips in right now? Currently considering several cities in Ohio....
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Looking at your profile and activity on BP, it would appear that you are new to the flipping business and are looking for the hot markets to invest in. Looking to do long distance flipping without a network in place is a sure fire way to not get off on the right foot.
We have done flips in several markets but always in markets we either lived or had contacts in to make sure the deal worked as we planned and even then there were surprises.
If you do your homework, you can find deals that work for flips in any area you are in. Start locally and learn the market you are in. See what properties look like . . . photos can tell a heck of a story until you see it in person. Trusting long distance GCs is often a mistake as they make money even if you don't.
So as far as your question, the best market is one you know and have the trades to get a flip done quickly and on budget. You make money when you buy so find a property that will work and do it locally to get the process down