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Updated over 8 years ago on . Most recent reply
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Flipping houses in Denver
Hello BP friends,
I've been able to find great deals and flip houses in Ohio and Chicago. Now it's time to get connected with like minded people in Denver. Can some advise on how is the market over there to buy houses?
Can you please suggest the best areas to look for great opportunities to fix and flip? If someone has a great GC, I would really appreciate if I could have his/her contact info as well :)
Thanks!!!
Most Popular Reply
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@Lygia Bernardes so I can really only help you with one of your questions. "How is the market?" Expensive and hot. Median home prices is up 10% year over year for the past 4 years. Days on market is about 20 days so inventory is very low. Well priced properties have multiple offers and many times the offers are over the asking price. If you can find a property to purchase at a good price it's fairly easy to sell.
Great contractors are very busy. Even the not so good ones are busy.