Updated about 1 month ago on . Most recent reply
Starting out in Deal Sourcing and Need Advice
Hey BiggerPockets,
Wanted to share a quick experience and see if anyone else has been running into the same thing.
I was looking at a flip in Houston recently that looked solid on paper & the comps supported a decent spread, but by the time I factored in rehab and holding costs, the numbers got way tighter than expected. This has been happening a lot lately and It made me wonder if deals are just getting slimmer right now, or if I need to tweak how I’m analyzing them.
For those of you actively flipping in Houston or similar markets, are you still finding properties with comfortable margins? Or are you having to get more creative with strategy to make the numbers work?
Curious how others are navigating this.