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Updated about 2 years ago,
Best markets for Flips and BRRRs
Hey all, been a capital partner in a few deals and have experience rehabbing and selling several primary residences over the years but I am looking to take on some rehab investment projects of my own.
I have a HELOC for $150k and working on some additional private funding for another credit line for larger deals or multiples in the future. Id like to execute some rehab flips and BRRRs but trying to decide what market(s) to invest in.
I have been researching several and like a few where I have made some connections but my main concern is connecting with the proper construction crews for the rehab. I have been finding some markets to have issues in that area and that is one of the keys to me in being an out of town investor.
Lot of words to get to the question sorry - what markets have you had experience in for flips and BRRRs and do you have GOOD contacts in the construction trades you would share?
Yes I know the value and importance of agents and PMs as well but to me this seems to be the biggest piece I have having difficulty with.
Thanks so much!