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Updated over 12 years ago, 04/12/2012
Flipping future
Another thread brought up the best cities to flip in, and some of the responses pointed to the areas that were hit hardest by foreclosures. My question is where do you guys see the future of flipping business in those areas going when the level of foreclosures decrease? Several top contributors on this site operate in those heavily distressed areas, and do 10, 20, or 30 deals per year. Well when foreclosure levels decrease do you expect your amount of deals completed to decrease as well?
How do you plan to combat those issues, will you expand your network, move to a new location, expand your marketing, or some other innovative strategy?