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Updated over 4 years ago on . Most recent reply

Karl McGarvey's profile image
Karl McGarvey's profile image
Karl McGarvey
  • Real Estate Agent
  • from Houston, TX
  • Member since Apr 23, 2019
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Karl McGarvey's profile image
Karl McGarvey's profile image
Karl McGarvey
  • Real Estate Agent
  • from Houston, TX
  • Member since Apr 23, 2019
Connect
Karl McGarvey
  • Real Estate Agent
  • Houston, TX
499
Votes |
763
Posts
Rehabbing & House Flipping

Beach Condominium Flips

Karl McGarvey
  • Real Estate Agent
  • Houston, TX
Posted

My partner and I have a market for beach rentals. Small Condos only 500sqft. Anyone ever built a business around flipping older units? Any gotchas? We both own in the complexes so we have established relationships with the HOAs. Just thinking that a 500sqft flip is relatively low risk, cost wise. Who has experience and can spread some knowledge!?

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Karl McGarvey's profile image
Karl McGarvey's profile image
Karl McGarvey
  • Real Estate Agent
  • from Houston, TX
  • Member since Apr 23, 2019
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User Stats

763
Posts
499
Votes
Karl McGarvey's profile image
Karl McGarvey's profile image
Karl McGarvey
  • Real Estate Agent
  • from Houston, TX
  • Member since Apr 23, 2019
Connect
Karl McGarvey
  • Real Estate Agent
  • Houston, TX
499
Votes |
763
Posts
Karl McGarvey
  • Real Estate Agent
  • Houston, TX
Replied

@Kwame Williams we are in Texas. But I have even seen units that “need” the help in Myrtle Beach. Condotels that have many units that owners either don’t want to, or cant afford to reno.

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