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Updated over 14 years ago on . Most recent reply

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Brad Z.
  • Investor
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Winter Purchases

Brad Z.
  • Investor
Posted

Does anybody purchase properties over the winter but hold off to rehab until feb/march? I'm interested in thoughts on rehabbing in winter and listing vs holding off and rehabbing and selling during the spring market.

I know holding costs will be higher but not significantly in our local market, ex. purchase for 30 to 40k.

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J Scott
  • Investor
  • Sarasota, FL
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J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied

If winter isn't a good time in your area to be selling/renovating houses, then I would imagine contractors are pretty slow and desperate for work. That means you can probably get better prices...

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