flipping in a down market

[Jason Gutierrez]

Hi all,

I'm not sure if others are hearing/feeling the same, but it does seem like we are approaching a peak in the housing market. I have no idea if it's 6 months away, 12 months away, or 5 years away but I feel like some of the signs are starting to appear. 

I know that no one knows, and for all we know the peak is 10 years away or more, but just for discussion sake, let's assume that a peak is coming soon - like in the next 6 - 12 months. 

Here are my questions:

If this were true, what would it mean for all the rehabbers/flippers out there?

Does rehabbing and flipping all but go away in a declining market?

Are there flippers that are able to keep flipping successfully in any market?

Thanks for any comments you all might have.