Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

41
Posts
10
Votes
Jackson Kyhl
  • Real Estate Agent
10
Votes |
41
Posts

What do YOU look for in flip opportunities?

Jackson Kyhl
  • Real Estate Agent
Posted

Hey! There are many factors to consider when evaluating a deal. What are some of the most important indicators you guys look for to determine if the deal works or not? Is it strictly about the numbers or do you weigh external factors more heavily?

Most Popular Reply

User Stats

230
Posts
139
Votes
Matt Stewart
  • Flipper/Rehabber
  • Pickerington, OH
139
Votes |
230
Posts
Matt Stewart
  • Flipper/Rehabber
  • Pickerington, OH
Replied

Aside from the numbers I look closely at the area and the neighboring properties.  I don't buy flips on busy streets, or adjacent to a highway.  I don't buy if the property backs up to commercial property/retail.  I don't like seeing an apartment complex nearby.  I look closely at the neighboring properties.  If a neighbor doesn't maintain their property or has trash everywhere that's a red flag for me.

You should look at the property as if you were the end buyer.  If you wouldn't want to live there, then your buyers may not want to either.

Loading replies...