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Updated over 7 years ago on . Most recent reply

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Joshua Dorkin
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How many house flips/rehab deals do you do a year?

Joshua Dorkin
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Maui, HI
Posted

I was curious to see what kind of volume the flippers/rehabbers on the site were doing.

If you're a house flipper, please tell us how many homes you do on average per year.

Thanks!

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J Scott
  • Investor
  • Sarasota, FL
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J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied
Originally posted by Scott Clark:
I want to get into rehabbing and flipping but I am worried about selling them as I got my *** handed to me from not being to sell the new construction I built several years ago so I am concerned about selling but hell some of you are are kicking butt. Thanks


Selling isn't too hard if you do your due diligence upfront and ensure that the properties you are buying/rehabbing are suited for the demographic of buyer that is prevalent in your area.

For example, if the typical buyer in your area is looking for a $150K ranch built in the past 20 years and you're trying to sell them a $300K split-level built in 1975, it doesn't matter how good of an agent you have.

The key is to know your market, know your buyers, and then to put out an under-priced product that targets that market...if you do that, selling will be the easy part of your business...

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