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Updated over 8 years ago, 05/30/2016
Luxury Home Fix and Flips
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