Flipping in Illinois and how the seasons affect your business

[Angelica Osusky]

Hi everyone,

I am new to REI and I am interested in flipping houses. I was wondering though how does the seasons affect your flipping businesses. In Illinois, we get harsh and very cold winters (as well as many other states, Indiana, Michigan, Wisconsin, New York, etc, etc). With that being said, how does this affect your REI business? Are you limited to late spring and summer? Even if you find a deal mid August and do your 3-4mo reno, you are pushing November. I don't think many people are buying houses in the winter time. But what is your experience? How do you combat this issue? Do you just invest in other areas through the winter? Or does it still work for you?

[Jeff Lipple]

Hi @Angelica Osusky I'm a wholesaler in Michigan, winters can be tough, but you can flip all year round.  One of the benefits is you don't really have to put much or any money into landscaping during the winter.  You do have to deal with delays sometimes or worry about if it will be too cold to paint or ensuring you don't let water pipes freeze.  It can be done though!

@Eric Liebich is a friend of mine and wholesaler and full time investor in the Chicago are he can probably help when you start looking to purchase properties.  Good luck!