Do you have to live in a large MSA to be a successful flipper?

[William Levin]

Hi all,

I've been reading lately about some flippers that have been doing very well, but most of them seem to be concentrated in the DMV, Atlanta, or other large MSAs. I live in FL and the largest town within 45 minutes of me has a population of about 100k. I don't know of any investors that are actually "killing it" doing flips here, although some are building a great rental portfolio with properties that cashflow from day one.

Is it almost a requisite that one live in a large metro area in order to make $200K+ per year flipping houses? Is it possible to do it in a much smaller area like mine? I would love to hear from anyone who has actually done it.

Bill (FL)