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Is single family home flipping still a profitable venture?
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07-26-2024, 03:48 PM
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#1
- heiltrump2024
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- heiltrump2024
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Is single family home flipping still a profitable venture?
Family friend of mine was doing multifamily syndicate housing (basically crowdsourcing investments from bigger players and purchasing apartment buildings to rent out) and has now moved to single family homes. His plan is to buy homes that need renovations, renovate them, and then sell them for a profit.
Is this a saturated market right now or is there still a lot of opportunity?
Is this a saturated market right now or is there still a lot of opportunity?
07-26-2024, 03:50 PM
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#2
- ngochieu121
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- ngochieu121
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07-26-2024, 03:50 PM
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#3
- OliverHeldens
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Of course it is, if you can keep costs low and buy right.
07-26-2024, 03:57 PM
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#4
- eddiehaskell
- Join Date: Oct 2009
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seems to be extremely saturated at this point. i get about 5-6 calls a day from indians in call centers looking to buy my homes.
07-26-2024, 04:00 PM
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#5
- ThatGuy950
- Floridayyy
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- ThatGuy950
- Floridayyy
- Join Date: Sep 2007
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Posting messages from Ron on the misc is more profitable tbh
Coincel
Florida crew (lol at coldcels)
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