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Updated about 4 years ago,

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5
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2
Votes

Looking to flip in unsure city

Jean-Luc Lacosse
Posted

Hi everyone. I am looking to move back to my hometown of Duluth MN. I want to start flipping houses there. I have never done this and am hoping to break into the market. The problem is I can't decide if this city has any real potential. It looks to have an inventory of about 5-6 months, and the population hasn't grown much in the last 30 years (about 85k) so I can't imagine a lot of people are moving in and buying. There are plenty of older homes that could use a renovation and I know the area very well. I just cant decide if a smaller and somewhat stagnant city is a good place to begin this career or if I should try to make my way in a place like Minneapolis that has probably more potential.

Thanks for any help!

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