Rehabbing and flipping or renting condos and appartments

[Chuck Drinnan]

I am considering rehabbing high end apartments (not a whole group but single units) and condos in the Houston area. There are some good opportunities because a distressed condo is very hard to sell and typically needs to be sold quickly. One must deal with HOA's - that may be enough to rule them out. I think you can sell or rent the right units fairly easily to young professionals. Can you get a reasonable return selling them to firms that hold and manage large inventories of condo's.

Will any of you share your views  and experiences on rehabbing high end condos?