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Updated about 8 years ago on . Most recent reply

User Stats

29
Posts
11
Votes
Tyler Wade
  • Thousand Oaks, CA
11
Votes |
29
Posts

Out of Market Flipping

Tyler Wade
  • Thousand Oaks, CA
Posted

Hi All,

I live in an area in Southern CA where flipping just isn't a realistic option for me (median home price is 700k). I'm interested in exploring the Texas markets (San Antonio, Austin, Dallas), but am hesitant to begin in a market I have no immediate knowledge of. Investors - what are some of the downsides to working in a market far away from the one you live? I would imagine it's much more difficult to find good contractors, keep things on schedule, etc. Would love to hear some of the positives and negatives from the community. Thanks so much in advance!

Tyler

Most Popular Reply

User Stats

15
Posts
10
Votes
Julie Marschlowitz
  • Investor
  • San Antonio, TX
10
Votes |
15
Posts
Julie Marschlowitz
  • Investor
  • San Antonio, TX
Replied

Hi Tyler, I'm from Simi Valley, CA and moved to San Antonio about 5 years ago. If there is one thing I have learned from BP it's to start local. I understand what you mean about the area you are in. Maybe someone else will have more info for you. 

Julie

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