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Updated over 7 years ago on . Most recent reply

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130
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Kristopher Gomez
  • Flipper/Rehabber
  • Riverside, CA
105
Votes |
130
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anyone flipping apartments in so cal??

Kristopher Gomez
  • Flipper/Rehabber
  • Riverside, CA
Posted

hi bp fam, im in so cal doing a lot of wholesale deals in the IE and LA county and recently flipped a 7 unit apartment complex in long beach...the lead was a referral but the deal went so well now its got me wanting to do more apartments! im just wondering if there is anyone here in my area doing this or if there is  anyone out there direct mailing to nothing but multi fam?? and if so what kind of mail pieces?? is it the same old post cards or different strategy ??? 

Most Popular Reply

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4,365
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Manolo D.#3 Contractors Contributor
  • Contractor
  • Los Angeles, CA
1,249
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4,365
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Manolo D.#3 Contractors Contributor
  • Contractor
  • Los Angeles, CA
Replied

I know a couple who do, but they usually take 1-2 years to actually flip, the NOI is the bottom line, improving them will drive the price up. But mind you, these owners are normally investors so put the thought of mind gaming to a homeowner out.

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