All Forum Posts by: Esprit Smith
Esprit Smith has started 1 posts and replied 3 times.
Post: Anyone have experience with converting fix & flip to buy & hold
- Investor
- Los Angeles, CA
- Posts 4
- Votes 4
Would love to hear from those that have converted from fix & flip (HML funding) to buy & hold. I listed my house 3 weeks ago. Days on Market are increasing (avg. was 11 days, with houses no sitting 30-60 days) with price cuts ($30k-$60k) being taken on all houses in the same subdivision. I would love to learn more on how others may have approached a similar situation. Thank you!
Post: I'm look to flip long distance!
- Investor
- Los Angeles, CA
- Posts 4
- Votes 4
@Mashika Johnson I just started this year.
Post: I'm look to flip long distance!
- Investor
- Los Angeles, CA
- Posts 4
- Votes 4
Good morning Mashika, I am based in CA and am flipping in TX, because it is less capital intensive.
I believe it is possible. The largest challenges to me were investing in a market I don’t know, but I think that is where building out your team is of the utmost importance, particularly a contractor you trust and a strong real estate agent.