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Updated about 2 years ago,
Flipping in Sun City, AZ (55+ Community, Phoenix)
I'm curious if anyone has sold or flipped in 55+ communities.
Sun City is a city northwest of Phoenix, and I'm seeing some good deals in that area that would be great for flipping. However, it's a 55+ community. In terms of flipping or selling, I have no idea what impacts (if any) that might have on the process. For instance, do people in this demographic tend move "more leisurely" and I should account for more days on market? Or perhaps do things move more quickly because they'll tend to have their ducks in a row more so than the average younger buyer?
I've already reached out to my Realtor to get his take, but I wanted to see what thoughts any others with experience have had in areas like this.