Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Flipping Long Distance
I am a new agent in Santa Barbara and want to flip properties. It's not going to happen here, or anywhere on the west coast, where the medium price for a dump is $900,000. Yet, BP Pod-caster, Brandon Turner, promulgates jumping in right away and not letting fear/lack of money stop you. All the wise and experienced investors I've read advise the opposite - don't flip remotely! So, I see no other (smart) choice but to go outside my area, and have decided to live in an RV and flip houses in other areas. In other words, become a gypsy flipper. Has anyone lived in an RV, traveling from area-to-area, building competent teams and flipping with O.P.M, (Other Peoples Money)?