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Updated over 4 years ago on . Most recent reply

User Stats

47
Posts
7
Votes
Josh Loayza
  • Flipper/Rehabber
  • Las Vegas, NV
7
Votes |
47
Posts

California investors! To Flip or not to Flip

Josh Loayza
  • Flipper/Rehabber
  • Las Vegas, NV
Posted

So as you all may have heard about the “Full Enforced Lock Down” that the government is planning to implement, my question is to all my fellows home flippers all over California, are you going to continue to flip? The market has been pretty strong and hot, some investors didn’t seemed fazed towards the pandemic the first shut down, they continued to buy.

What would be you play of action this time around? Are the investors the sat on the sidelines still think to sit it out again or be more aggressive on flipping properties? And are the aggressive investors still aren’t going to let this faze them or has their mentality changed and slow it down in the mean time? I’d love to hear both sides to this and hope everyone stays safe and continue to prosper.

Most Popular Reply

User Stats

2,138
Posts
1,100
Votes
Joe Homs
  • Flipper
  • Mission Viejo, CA
1,100
Votes |
2,138
Posts
Joe Homs
  • Flipper
  • Mission Viejo, CA
Replied

@Josh Loayza we are waiting on the downturn to bring out more opportunities, but are full steam ahead now and next year.  The shutdown slowed us down for a few weeks, but the contractor was ready to get back to work the day after he became an essential employee.

Good Investing...

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