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Updated about 9 years ago on . Most recent reply
Do You Ever See A House And Think...
Hey there!
I've never flipped a house, I'm currently looking to, but do you ever just look at a potential flip deal and think, "I wouldn't want to live in this neighborhood."
I feel this is wrong in my thinking as obviously, people don't all have my standards, but man, it makes me not want to own that deal for the short 6 or so months because my probable irrational mind keeps saying, "You wouldn't buy a house in this neighborhood! Why would anyone else!?"
Sometimes I'm just like, why would anyone pay $XXX,XXX for a house in this neighborhood (as evident by supporting comps), and it makes me hesitant.
Do you/have you ever flipped houses in neighborhoods that are well below your standards?
-Manuel
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I don't eat at McDonald's, but I wouldn't mind owning one...