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Updated about 11 years ago on . Most recent reply

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1,980
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Bryan L.
  • Residential Real Estate Agent
  • Cookeville, TN
948
Votes |
1,980
Posts

Now I Know Why I Can't Find A Deal This Year

Bryan L.
  • Residential Real Estate Agent
  • Cookeville, TN
Posted

Bought 4 MLS-listed houses last year. Flipped 3 for good profits and kept one as a rental. But I can't find any deals so far this year. And now I know why.

I put one of my rentals on the market to sell at full retail (listed by myself since I am also a Realtor). It was shown yesterday by another Realtor, and her feed-back was "not interested". I asked her if a price reduction would help, and she said, "no, they are "flippers"". So, we have some (probably newbies) flippers out here looking at retail priced homes in good condition to flip. I guess I will just take the summer off.

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