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Rehabbing & House Flipping

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Lucas Fridriksson
  • Lender
  • Healdsburg, CA
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14
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First Time Flip - Is a Marketing Campaign Necessary?

Lucas Fridriksson
  • Lender
  • Healdsburg, CA
Posted May 12 2017, 16:22

Hey everybody,

I am in works to jump into my first flip. My goal is to flip one property, sell it and then seek a new project. I am hoping to complete three flips before May 2018. I am somewhat near San Francisco where property values are pretty high and everything is selling for above asking price. Inventory is low, homes are selling fast when listed and getting a deal below market seems very difficult. Does anyone know if utilizing a marketing campaign (direct mail, door knocking, etc) will be beneficial enough to implement considering I only need one house for the next few months? My theory was that a marketing campaign wouldnt be necessary until I have the business running like a machine with higher volume.

Please let me know what you guys think!

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