Springfield & 32206 is the 5th best for flippers

[bill]

Pretty sure this is people buying rundown homes and renovating them.  We have been looking in Springfield for the past few months and there are very few occupied homes for sale that don't need about $200K worth of work.  No one is flipping a fixer-upper.

Correct, which is why Terrawise is doing so well. I don't think there are many flips worth doing left. Most of the homes for sale at low prices need serious, serious work. I can't believe some of the renovations that I've seen. Houses that don't looks structurally sound are being completely restored. The time to buy houses and flip them for actual profit ended a while ago. I'd buy houses in the Eastside if I were into that.

Regarding Riverside, most of the prices we saw on liveable homes in 2016 were insane. I can imagine it has only gotten worse.

We looked at several renovated homes in San Marco, Springfield and Riverside and I was really disappointed in ALL of them.  Here is Renovation 101 - you HAVE to level the floor or none of what you are doing will ever matter.  I can't believe anyone would spend even $20 on a gallon of paint if they aren't going to level the floor.  We concluded our only viable option is to buy a vacant lot and build a new home.

So you have gone from "Jax will never be the city I want it to be"and leaving when your lease is up to buying a house?!? In what, a month?

What do you do for fun... hold the football and pull it away from yourself?

lol

[Snaketoz]

I grew up in the 32206 and I have great hopes for it's future.  I like Main and 6th and the Uptown Diner.  It may seem to many that the area is crime ridden, but according to the FTU there has only been 1 murder there this year!  The more homes are renovated and businesses move in, the better overall it will be.  I think Springfield/north offer some great investment possibilities.