Your Thoughts Flippers !!!!

[Kumud Shrestha]

Last few years have been great for Flips. So, far the market has been favorable for us Flippers, in spite of the pandemic. As we all know, the inventory is low and the demand for homes are high, partly because of all time low interest rates. Consequently,  Real Estate market is hot as ever, the renovated homes are sold the day you list them on the market. 

However, Now with Schools, Bars and Clubs ( where people are in door and in close proximity) opening up and consequently clusters of Corona virus infections showing up, may be another shut down looming over our head ?

Then, of course going in to 2021, Is it going to slow down a little. ( who Know).

In any case, I would appreciate your thoughts with 4 to 6 months holding period, If you would venture into a new project ?

Thank you.