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Updated over 6 years ago on . Most recent reply

User Stats

14
Posts
3
Votes
Victoria J.
  • Fredericksburg, VA
3
Votes |
14
Posts

How far is too far??

Victoria J.
  • Fredericksburg, VA
Posted

Hello BP,

I know this is not a question that has a "right" answer but I feel the need to ask it anyway. How far is too far from your town is too far to buy your first project? My husband and I are looking in our area and not had the best luck. I have found other potential flips about an hour and a half away. I am worried that may be too far for our first flip. It doesn't need very much work and my husband (who has construction experience) would do much of it. He seems totally fine with the drive but I wonder how similar situations turned out for some of you? Again, no right or wrong answers here. Yes if I'm willing to drive 4 hours then the answer is 4 hours. I'm just curious what others have done and maybe wished they had done differently.

Most Popular Reply

User Stats

269
Posts
165
Votes
Joshua Diaz
  • Rental Property Investor
  • Bronx, NY
165
Votes |
269
Posts
Joshua Diaz
  • Rental Property Investor
  • Bronx, NY
Replied

Well I am not a flipper but my rental is about an hour and a half away. (I’m in NYC so I had to go further). Now I’m not worried because o have automated online systems for rent collection, contractors and licensed repair professionals on speed dial, and I have some boots on the ground in the form of family who can lend their knowledge and keep an eye out for me.

My first thought to this question is : if I’m worried that it may be too far ,then for me it may be too far.

I could never do a flip that far away, IMO. I would lose sleep over it .

Hope that helps a little.

  • Joshua Diaz
  • Loading replies...