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Updated over 8 years ago,
Out of state flipping
I'm wondering if, due to the intense competition of the CA real estate market, if trying in other states (online) might be a more profitable option?
I've gone to listsource and have noticed leads are reasonably priced, but in order to get more bang per buck it may behoove me to seek out lesser fished spots so to speak. especially in parts of the country that are more laid back such as Kansas, Nebraska, New mexico, etc. The deals may take longer, and be smaller but perhaps its a solid strategy.
That said, I do want to make a at least 50,000 in the first year or so doing wholesaling.
What are pros and cons of doing it out of state in smaller markets, and the pros and cons of not physically seeing the property or physically meeting with the seller and/or buyer?