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Updated over 9 years ago on . Most recent reply

John Miller's profile image
John Miller's profile image
John Miller
  • Flipper/Rehabber
  • from Fort Lauderdale, FL
  • Member since Jan 3, 2014
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John Miller's profile image
John Miller's profile image
John Miller
  • Flipper/Rehabber
  • from Fort Lauderdale, FL
  • Member since Jan 3, 2014
Connect
John Miller
  • Flipper/Rehabber
  • Fort Lauderdale, FL
0
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Rehabbing & House Flipping

Is the Fix and Flip Market Over in South Florida?

John Miller
  • Flipper/Rehabber
  • Fort Lauderdale, FL
Posted

For 5 years I have been moderately successful in Fixing and Flipping SFRs.  I have completed 14 Flips and averaged net 20% on average of $150K. investment. Love the business aspect of Rehabbing, staging and selling of the homes.

What I don't love is finding the properties. I have bought REOs, Short Sales and a standard MLS listing. I can't find the margins in the Marketplace anymore.

Am I in a market that is extinct?

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