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Updated over 2 years ago on . Most recent reply

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Kacper Rajewski
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Does flipping small houses makes sense?

Kacper Rajewski
Posted

Basically the title. Im talking about ~320 square feet houses 1 bedroom 1 bathroom. Is it easy (or even possible) to sell them when the main target grup is single individuals or young couples and they obviously have little or no money? Or are those properties mainly/only made for rental purposes?

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127
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Mason Liu
  • Financial Advisor
  • Boynton Beach, FL
80
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127
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Mason Liu
  • Financial Advisor
  • Boynton Beach, FL
Replied

Are there nearby comps that are also 300-400 sqft 1/1 houses? If there are, then for sure and it is just a numbers game from that standpoint. If there aren't any reasonably similar comps, it becomes a much uncertain exit for a flip. Make sure you look through your market data / recent sales to see if there is anything that will give you information on pricing this and potential demand.

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