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Updated 11 months ago on . Most recent reply

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25
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12
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Arshiya Taami
  • Investor
  • San Diego, CA
12
Votes |
25
Posts

fix and flips still possible in southern california with todays market?

Arshiya Taami
  • Investor
  • San Diego, CA
Posted

I am an Investor and do fix and flips. I was wondering if in todays market, are fix and flips still possible to do and will make you money in southern california?

Most Popular Reply

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805
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541
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Bradley Buxton
  • Real Estate Agent
  • Nevada
541
Votes |
805
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Bradley Buxton
  • Real Estate Agent
  • Nevada
Replied

@Arshiya Taami

There are still opportunities but they will be harder to find and at higher price points. There is a lot of competition in CA and while a great appreciation market gone are the gold rush days of the last 10 years so the strategy has to get more creative. That's why I bought in the Reno, NV / Tahoe area. It's relatively affordable, strong tech and industrial job growth, landlord friendly, low property taxes, and not state income tax.  It's all depends on your goals and how you can adapt your strategy. 

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