Morgan Hill, CA · Member since 2015 · 14 posts · 1 vote
I have recently heard a lot of opposing opinions concerning the viability of rehabbing homes long term. I am interested to hear people's ideas on the environment for flippers going forward as the deals are "drying up" as they say. I obviously understand that there will always be deals, I am just trying to remain realistic as I am building my business plan.
@Brian PorterThere definitely are times that are more abundant than others, but I think flips will always be in the mix. You have to be opportunistic, just a bear. Salmon run? Eat salmon. Berry season? Eat berries. Some goes with real estate investing. It is good to have multiple options or exits. Flipping, buy and hold, appreciation play, cash flow, holding paper, etc.