Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Carina Corral

Carina Corral has started 1 posts and replied 2 times.

Post: Inheritance, flipping advice

Carina CorralPosted
  • Posts 2
  • Votes 1

Wow! Thank you all who took the time to lend great advice! I really appreciate it and am so glad I posted here.  

@Nicole Holcomb I will definitely look into house hacking. I love that idea and does seem like a possibly better fit over the saturated flipping market in San Diego. 

Thanks, again. Carina 

Post: Inheritance, flipping advice

Carina CorralPosted
  • Posts 2
  • Votes 1

I've been researching and thinking about investing in real estate for sometime now (with little money of my own), but those plans have been catapulted by a recent inheritance. My brothers have also inherited a lump sum. A total of about $100,000 altogether. In order to grow the inheritance we are hoping to flip some homes to amass cash and then my plan is to start the BRRRR method for long term, passive income.
We are hoping the $100k will cover down and renovations for our first flip. We live in California and I’ve read that San Diego is a good place to flip right now, but we are open to other places in the nation. I guess what I’m wondering is whether this sounds like a good idea right now considering the economy  and, if so, where are the best flipping areas right now?
(sorry, if this is not the right forum for this type of question! My first time here so I’m still navigating the site.)