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Updated over 6 years ago on . Most recent reply

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Lindsay Butler
  • Property Manager
  • Nashville, TN
1
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Is it possible to do a successful flip remotely?

Lindsay Butler
  • Property Manager
  • Nashville, TN
Posted
Interested in getting into REI specifically with house flipping but wanted to know if it would be possible to do a successful flip if you are in another state?

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Greg H.
  • Broker/Flipper
  • Austin, TX
4,243
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Greg H.
  • Broker/Flipper
  • Austin, TX
ModeratorReplied

Can you ? Of course. Will you be successful?  The odds are against you as you are 100% at the mercy of your “team”

Do I flip remotely? Yes many of my flips can be 6+ hours away from where I live. However:

-I have 25+ years of experience. My contractor can call me and I have knowledge of any issues and the experience to find a solution 

- I am the one who finds the deals and views each property prior to purchasing. I take 100s of pictures and videos that I can refer to later

I cannot stress more the need to get a few flips under your belt locally so you go thru the process and experience the trial and error. This will help you have a working knowledge of the process and enable you to not be 100% dependent on your team 

  • Greg H.
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