All Forum Posts by: Daniel Goldschmidt

Greetings from Scandinavia where I buy, develop and sell apartments in Copenhagen, the capital of Denmark. 

My post is about what people’s experience is with flipping in smaller cities/suburbs compared to something like New York. I’m not talking about cap rates, but solely flipping. 

- profit margins of flip

- arv

- process of selling (more, or less, difficult than larger cities?) 

- in general, if there is a large difference in the math, if I only have experience with working in larger cities. 

best, Daniel

@jonathan 

@Jonathan Greene thank you

hi all, 

im moving from CRE into flipping appartments for myself full time. my question is from a practical point of view.

i am looking to do some deals and are constantly faced with two options. Buy 1 large unit, renovate it and sell it. or buy multiple smaller units and do the same.

the profits will be more or less the same, but i am open to advice from people who have faced the same situation, and/or done both.

look forward on hearing your suggestions.