The Feasibility of Home Flipping in California

00:00:00
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00:15:35

March 28th, 2022

15 mins 35 secs

Season 1

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About this Episode

Home flippers in California are taking advantage of high housing prices and demand for turnkey homes. But, they could face a 25 percent tax on properties under a proposed state bill. TRD's Deconstruct looks at how it may become more difficult to flip homes and whether it's still a profitable investment opportunity.

You'll hear from Page Turner, a broker and home flipper on HGTV's new "Fix My Flip," Tami Pardee, the CEO of Venice-based brokerage Pardee Properties, and Eric Sussman, an adjunct professor at the UCLA Anderson School of Management.

Credits: HGTV, Fox 5 San Diego