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Updated over 3 years ago on . Most recent reply

User Stats

10
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4
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Andrew Foster
  • Yucca Valley, CA
4
Votes |
10
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Yucca valley California

Andrew Foster
  • Yucca Valley, CA
Posted
I currently live in yucca valley and was wondering it's worth investing up here for flips and maybe rentals later on. Will I make money up here?

Most Popular Reply

User Stats

53
Posts
48
Votes
David Jarvi
  • Investor
  • Morongo Valley, CA
48
Votes |
53
Posts
David Jarvi
  • Investor
  • Morongo Valley, CA
Replied

I consider 30K making money.. if you do to, than yucca valley will absolutely work for flips

Landers is hot right now for some reason as well.. 

realtors tell me that 29 palms has amazing deals (But I just don't want to drive there)

I would say avoid the bad and very good parts of town... and just focus on bread/butter properties.   buy 2/2 for 60-70 and flip for 110-120  and 3/2 for 100-110  flip for 145-165. 

Sewer Assessment Phase 1 costs are right around the corner... so be aware of that.. and be aware of "flood zone" properties.. which buyers will have to pay $1700 a yr extra for insurance

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