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Updated almost 5 years ago,
Flipping out of state
Hi all,
I am considering flipping out of state. I moved to Colorado from Texas before I started learning about real estate and acquiring the skills I think will make this feasible.
I have a good relationship with an excellent contractor who has been working on flips in the area I'm researching. I'm experienced at raising capital and working with investors and am detail-oriented enough to put systems in place for this.
I will be able to travel on weekends to visit the property and oversee progress to a degree.
Is this something that people are doing? I'm not pursuing this in Denver because the cost to play is much higher and I feel confident being able to raise the capital necessary to do this in a cheaper market. Thanks in advance for your input!