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Updated about 14 years ago on . Most recent reply

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4
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Hector De Santiago
  • Real Estate Investor
  • San Pedro, CA
0
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4
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Rookie Rehab Flipper

Hector De Santiago
  • Real Estate Investor
  • San Pedro, CA
Posted

Where to start?

I spent some time learning how to wholesale and during the process I decided to focus on actual rehabs. Im from CA (Los Angeles) and the property value out here is way too high for the funds I have available (60-70K)

Was thinking of doing a virtual rehab flip in cities with low property values such as Denver, Indianapolis, Memphis, etc. Has anyone had any success doing a virtual rehab flip?

I was thinking of maybe getting my feet wet in those markets, raise some $$ and bring the business back to LA which is where I eventually want to conduct my rehabs.

Share any stories or thoughts!

Any help is appreciated.

Thanks in advance!!

-Hex

Most Popular Reply

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2,873
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James Hiddle
  • Altus, OK
690
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2,873
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James Hiddle
  • Altus, OK
Replied

I would stick to local rehabs because rehabbing out of your own area will be much more difficult then rehabbing in your area especially to newbie rehabbers. I would stick to local rehabs to gain experience before going abroad.

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