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Updated about 6 years ago on . Most recent reply
Neighborhood liquidity or turnover rate
Hi, this is a question to anyone who has flipped property. Do you factor in the neighborhood's liquidity or turn over rate before buying a property to flip? If yes, what is your primary source for this information? To be clear, I am not asking about neighborhood comps. I am asking about the number of houses sold in a neighborhood over a certain period.
Thanks.
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I will look at an area's housing supply before I decide to flip in that area. A local realtor can generate this information by running an MLS report or you can probably find it when your local Real Estate Association website.