What are property flippers doing in your area?
Back in February I wrote a post questioning whether it’s the time to abandon house flipping. And I really wanted to revisit this topic in a different light. I’m curious what house flippers are doing in the various areas across the country. Are they retrenching? Are they still buying/selling?
Im also interested in the strategies flippers are using to get their properties sold. What are you or your clients doing to move inventory?
For example- around here in Richmond, VA- flippers are still very active. Atleast the hardcore guys are. Starter houses are popular and are still selling. Some flippers are doing the basics and selling cheap…some are doing more and trying to sell for more.
I’m trying to get some ideas- I’d love for this to be a pseudo idea generator for getting inventory to move in slow markets.