Best and Worst Cities to Flip Houses
Real Estate
Flipping houses can be a great way to earn some extra cash or even a major source of income. If you’re making plans to flip a house, there are some cities that are a really good bet.
Seattle, WA
Centrally located Seattle is one of those cities that has so much to offer. This pleasant city on the harbor is very much a place to live and work. It’s also a place where you can find lots of economic opportunities. Working closely with the experts at DealMachine can help you locate the ideal investment property.
Tampa, Florida
Tampa, Florida is another one of the best cities for flipping houses. This city has seen incredible growth in the past and is likely to continue seeing growth moving forward. That’s why it is a good place for your investment dollar. In general, a house listed here only stays on the market for about a week. That means any improvement efforts you put into the house will pay off financially.
Denver, CO
Delightful Denver is one of those cities that has so much to offer so many people. It’s a great place to begin an education, open a business and spend lots of time in the fresh air. It’s also a fabulous place to flip homes. Experts expect robust population growth in the coming years. That means more demand for housing. It also means houses only stay on the market for about five days. The savvy investor can take full advantage of this fact by finding properties for investment and taking advantage of them to earn a nice, tidy profit.
Phoenix, AZ
Phoenix is one of the hottest real estate markets in the country. That’s because it has the kind of warm climate that people adore. It’s also because this is one part of the country that offers lots of housing choices. Many builders are choosing to construct homes here to meet growing demand. A move to this city can be a great way to take advantage of this fact and invest directly in the local real estate markets. If you are looking for a place where you’re likely to find lots of investment opportunities, this should be at the top of your list.
Charlotte, NC
Charming Charlotte, NC is a city on the rise. With incredible historic roots and a vibrant, modern economy, it’s one city that investors and residents alike find quite congenial. That’s because it has lots of wonderful housing options. It also has a mild climate and lots of population growth. The average housing price here is about $340,000. The average house tends to stay on the market for a brief period before being snapped up. Flipping houses here can easily pay off with a fine profit that you can use to invest in other properties on the market.
These great American cities are ideal for anyone who is searching for a place to put their investment dollars.