Luxury Home Fix and Flips

[Hannah Hammond]

Hey BP! 

I am a Real Estate Agent in Arizona and specialize in luxury property sales in Scottsdale, Phoenix, and Paradise Valley. 

I have been researching different real estate investing methods for years and have learned a lot about multi-family as well as rehabbing/ flipping. However, I have realized that most of the people that do flips stay in fairly low price brackets. 

Does any one have experience in doing luxury home flips ? I have only heard from one individual that focuses on this niche, and he's had great success with massive profits. I would like to hear from others.

I am aware of the pros and cons of going this route, but would appreciate any feedback from those who have done or currently do investments of this kind.

Thank you!

-Hannah Hammond

[Manolo D.]

How does student housing relate to this post? The OP is looking for inputs in luxury flips, not a sidetrack of student housing.