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Updated almost 9 years ago on . Most recent reply
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SoCal Flipping
Hey everyone,
I am looking into flipping houses in the Los Angeles area, preferably in Long Beach or in close proximity to. Anyone from this area that flips have any advice or tips?
Thanks,
Kyle Mitchell
Most Popular Reply
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I'm a little north of you in Ventura County and my wife and I just completed our first flip. My advice is to make sure that the property you buy is actually a deal. You may get anxious if you don't find a great deal and feel the urge to lower your standards just to get your first deal. Make sure that your numbers are solid and if it takes longer to find a deal than you were hoping, so be it. We almost bought a couple of properties that we shouldn't have and we were fortunate that they did not work out.