Updated over 8 years ago on . Most recent reply
Struggling to find deals
I just backed out of a contract yesterday due to the unexpected cost and work that showed up from my due diligence inspection. Seems like the market I'm in all the good deals are getting shoveled to established investors and the scraps are sent to the MLS. I'm just wanting to do one, maybe two flips a year.
I check MLS, craigslist, and different wholesale websites daily. I'm thinking of taking a different strategy on my approach. I've been looking for the cheapest price per square foot which is leading to me to a very competitive market with other investors who have more resources and efficiencies to take on the projects. I really want to stay mostly cosmetic (I do have a good HVAC connection).
Anyone have any tips or suggestions maybe having dealt with a similar market I'm in?