Flip in Colorado Springs. Should I look into a wholesaler?

Flip in Colorado Springs. Should I look into a wholesaler?

Colorado Springs, CO · Member since 2017 · 117 posts · 45 votes
I’m thinking about doing a flip here in Colorado Springs. But, just like everyone else, I’m having a hard time finding a deal that makes sense. So in this kind of hot market, does it make more sense to look to a wholesaler to buy a deal from? Or do wholesalers get squeezed out of our hot buyers market as well? Having never flipped before, I would love to hear from you experienced folks and get me pointed in the right direction. Thanks!
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Buy and Hold · Colorado Springs, CO · Member since 2015 · 84 posts · 34 votes
8y

@Kyle Doney Thanks Kyle for the mention. Hope you're killing it up there in Golden. Merry Christmas and remember to Tithe!

@Bryan Cork  We are still coming across deals. There are deals in every market, but you just have to lift all the stones :) 

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  • Flipper/Rehabber · Montgomery, NY · Member since 2016 · 2k+ posts · 1k+ votes
    8y

    I am having a rough go in my market now. I am on a bunch of wholesaler lists... I have only had 3 total properties come across my flipping area. Of those 3 one I looked at but the numbers didn't work and one I tried to go look at, but had just missed the opportunity. I assumed I would be getting leads daily/weekly. I have seen 3 in 4 months...

  • Flipper/Rehabber · Golden, CO · Member since 2013 · 590 posts · 319 votes
    8y

    @Brent Bowers Wholesales down there. Hit him up, he has deals. 

  • Buy and Hold · Colorado Springs, CO · Member since 2015 · 84 posts · 34 votes
    8y

    @Kyle Doney Thanks Kyle for the mention. Hope you're killing it up there in Golden. Merry Christmas and remember to Tithe!

    @Bryan Cork  We are still coming across deals. There are deals in every market, but you just have to lift all the stones :) 

  • Colorado Springs, CO · Member since 2017 · 117 posts · 45 votes
    8y
    Brent Bowers thanks for the advice, and I’d love to connect sometime.
  • Colorado Springs, CO · Member since 2017 · 117 posts · 45 votes
    8y
    Brent Bowers ......the @ thing never works on my iPhone!
  • Specialist · Englewood, CO · Member since 2017 · 329 posts · 88 votes
    8y

    @Bryan Cork

    Keep your options open and find a deal where ever you can. Just make sure you know your numbers and don't trust any  body else's. There are lots of deals out there you just have to keep looking. Make sure you educate your self on the market so you know when a deal comes across.

  • Flipper · Colorado Spgs, CO · Member since 2017 · 16 posts · 1 vote
    8y
    I’m a wholesaler/REI in Colorado Springs feel free to connect with me.
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