Best City for Flipping Houses
My home city of Sioux Falls, SD made the list for the best city to flip houses according to Wallethub. I will admit that I never heard of Wallethub before this hit the news. I was surprised because our house prices are very inflated and properties sell quickly. Then I realized that is probably what works to the advantage of a flipper. Not as great for a buy and hold investor like me. Please comment on what you think about the Wallethub assessment. Are they measuring the right criteria? Do others see the cities on this list as attractive for flipping?
Here are other cities that made the list:
1. Sioux Falls, SD
2. Fort Wayne, IN
3. El Paso, TX
4. Oklahoma City, OK
5. Lincoln, NE
6. Lubbock, TX
7. Tampa, FL
8. New Orleans, LA
9. Boise, ID
10. Laredo, TX