Forbes lastest on Flipping

Forbes lastest on Flipping

http://www.forbes.com/sites/trulia/2015/01/29/are-we-past-the-flipping-p...

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Good Post

Good post. I love data. Yes, the creative real estate strategies will work in any market, and, real estate is local. That being said, in any market and at any time, there is an optimum strategy for that particular market. San Diego doesn't show up as a hot spot for flipping in the article, but 2 markets, 100 miles away are flipping hot spots. If you look north of the flipping hot spot of Los Angeles, you will find that in Santa Barbara YOY median home prices have declined 10%. Within a 100 mile radius of LA you have a bad market for flipping, an average market for flipping, and a good market for flipping. So would you rather fix and flip in Los Angeles where properties are appreciating, or in Santa Barbara where values are depreciating. Two different approaches. Let the data be your guide.


None of televised

None of televised media or Internet media should be listened to at all

they have a distorted view on actual events and only cherry pick media grabbing headlines.

You want an actual view of your local market? Look back at Deans " be a real estate millionaire in this book

Dean teaches you how to accurately know where your local market is......

__________________

Watch your thoughts, for they become words.
Watch your words, for they become actions.
Watch your actions, for they become habits.
Watch your habits, for they become character.
Watch your character, for it becomes your destiny.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Our Heart's Desire must be nurtured by our mind,to give birth to common sense, that will enable us to seek out the path less traveled, with the greatest Personal Growth. -J.R.-


Well that is not always true Joel!

You look at all the information that is available. Books btw get outdated, but you are probably talking about how to go about looking at the data that he explains. Again, you want all information available to you, and a google search is great for this as well.

__________________

www.tw4homes.com website
https://tvallc.isrefer.com/go/RehabLite/reigirl/ FREE SOFTWARE FOR WHOLESALERS, REHABBERS AND AGENTS! Present professional looking deals to buyers and lenders as well as run your numbers and get the ROI.


True

Information gets outdated but he did lay out the method of acquiring accurate information versus opinions of those who are riding on this upswing where are currently under going

__________________

Watch your thoughts, for they become words.
Watch your words, for they become actions.
Watch your actions, for they become habits.
Watch your habits, for they become character.
Watch your character, for it becomes your destiny.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Our Heart's Desire must be nurtured by our mind,to give birth to common sense, that will enable us to seek out the path less traveled, with the greatest Personal Growth. -J.R.-


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???

__________________

www.tw4homes.com website
https://tvallc.isrefer.com/go/RehabLite/reigirl/ FREE SOFTWARE FOR WHOLESALERS, REHABBERS AND AGENTS! Present professional looking deals to buyers and lenders as well as run your numbers and get the ROI.