We apologize, but the forums are closed for new posts. Click Here To Join The Unemployables Facebook Group

Welcome, Guest. Please login or register.
September 25, 2022, 03:00:27 pm
Home Help Search Calendar Login Register

Welcome, Guest. Please login or register.
September 25, 2022, 03:00:27 pm
Home Help Search Calendar Login Register

Author Topic: *** Is Anyone Successfully Rehabbing / Flipping in Small Towns??? ***  (Read 4723 times)

Offline TruChoice Ventures

  • Member
  • *
  • Posts: 32
Is Anyone Successfully Rehabbing / Flipping in Small Towns??? or is this mainly being done in large cities???

Offline John_NM

  • Member
  • ***
  • Posts: 182
Re:*** Is Anyone Successfully Rehabbing / Flipping in Small Towns??? ***
« Reply #1 on: January 16, 2006, 07:06:11 am »
Hi TruChoice Ventures,

I live in Carlsbad, NM with a population of around 25-30k. I bought my first rehab Aug. 30. I'm rehabbing two more right now and have bought a total of four homes since I started in August.
Don't let the small town excuse be the reason you can't invest!!!

Good luck,
John
www.jc-buyshomes.com
Take action!!! Your success depends on you taking action!!!!!

Offline pauly99

  • Member
  • ***
  • Posts: 127
    • We Buy Homes Nationwide
Re:*** Is Anyone Successfully Rehabbing / Flipping in Small Towns??? ***
« Reply #2 on: January 16, 2006, 11:39:43 am »
And some of these small towns may not be so small in a few years. In 1990 the town that I'm a part of had approximately 3,750 residents. Seven years later it had reached 9,000. By 2000 our town had over 13,000 people and in 2004 a special census showed that we had almost reached 20,000 residents. In the next year or two we will have a train that will take us directly into Chicago. Thinking ahead, the towns west of us (within 15 miles) should see similar growth... and better yet, house prices have taken off over the past 5 years in this community.
We Buy Homes throughout Fox Valley and the Chicagoland area
http://www.foxvalleypropertysolutions.com

Offline Straightup

  • Member
  • **
  • Posts: 86
Re:*** Is Anyone Successfully Rehabbing / Flipping in Small Towns??? ***
« Reply #3 on: January 17, 2006, 07:08:48 am »
Excellent topic!!  I am in a small area too and looking to do rehabs.  The pickings are very slim compared to the high population centers, but hopefully the competition will be a little less too.  I'm sure there will be plenty of competition though.

Jeff

Offline campbellgroup

  • Member
  • ****
  • Posts: 519
    • The Campbell Group
Re:*** Is Anyone Successfully Rehabbing / Flipping in Small Towns??? ***
« Reply #4 on: January 19, 2006, 07:58:32 pm »
I actually just put a bid on a hud home in a town of 8500 .Im leaving a city of 152,397 simply because the prices are over inflated and the home in the small town is being offered at 50% of market value. So what if it takes a year to sell Ill still make $20,000 instead of $25,000
Ill Take it.
MIAMI FLORIDA DUPLEX 6/3 + 1/1 House SOLD 4/07 $76,000 Estimated ARV $250,000
CHECK OUT WHATS GOING ON AT WWW.MYFLORIDAREOS.COM, IF YOU WANT TO GET IN ON THE HOTTEST DEALS IN THE COUNTRY NO MATTER WHAT STATE YOU LIVE IN CALL ME 1-888-263-2378

 




SMF 2.0.15 | SMF © 2017, Simple Machines