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Updated about 2 years ago on . Most recent reply

Alex Ng's profile image
Alex Ng's profile image
Alex Ng
  • Member since Jan 26, 2023

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Alex Ng's profile image
Alex Ng's profile image
Alex Ng
  • Member since Jan 26, 2023
Alex Ng
46
Votes |
82
Posts
Rehabbing & House Flipping

Is flipping dead in Southern California?

Alex Ng
Posted

Id like to get into flipping but I keep hearing how in this current market in socal, its too difficult to flip because of how high the prices are, interest rates, and material costs. Is this true? Has anyone here successfully flip regularly in southern california?

Los Angeles County, California
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Eliott Elias's profile image
Eliott Elias's profile image
Eliott Elias
  • Investor
  • from Austin, TX
  • Member since Jan 5, 2021

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Eliott Elias's profile image
Eliott Elias's profile image
Eliott Elias
  • Investor
  • from Austin, TX
  • Member since Jan 5, 2021
Eliott Elias
  • Investor
  • Austin, TX
5,562
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Eliott Elias
  • Investor
  • Austin, TX
Replied

You're in your head. The only thing you should be doing is looking for deals that meet the 70% rule. Make sure you are extremely conservative with your ARV and rehab cost.

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