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Updated almost 9 years ago,
House Flipping Thousand Oaks
Hello Bigger Pockets. I am a relatively new investor who has spent most of my efforts in out of state buy and hold investments. I am now looking at possibly flipping a house in my own neck of the woods. I currently reside in the Newbury Park, Thousand Oaks area within Ventura County, CA. I feel like I know this area well, and I have a few great local resources such as contractors, etc.
What I am looking for is advice on obtaining a home UNDER market value. Due to the increased housing costs associated with CA, I must be super vigilant during the search process. I feel that my local market can still support flips, but there is just a much smaller margin than in years past. Does anyone have ideas on getting pocket listings prior to MLS, Ventura County Auctions or Sheriff sales?
If anyone has some advice, or willingness to meet up please let me know. Im looking forward to hearing various opinions.
Thank you all for your help and support.
Justin R