Are Fix/Flip rehab deals a lost cause in SoCal???
just curious how successful other investors are in finding deals in Southern California that are fix/flip. I've been scouring the auctions, short sale/REO listings on MLS, using realtor contacts, etc. it seems like Southern California is flooded with buy/hold investors who are wayyyyy overpaying and leaving no margin for profit. Is anyone else seeing the same thing?