Want to flip in FL or TX!

[Ryan Kawash]

Hey guys so I’m finishing up on my first flip in New Jersey right now.  Didn’t go exactly as planned but that’s another story lol.  Anyway, my partners and I currently live in the Hudson valley in New York and want to get out of here and we’re thinking of moving to either Texas or Florida.  We were super excited, looking at moving outside of Austin, looking a Tampa, Miami etc.. until I had a couple calls with agents in those areas and they basically told me that there’s hardly any inventory to flip and when there is, they have an offer within a day, usually cash.  A bunch of redditors in the real estate investing subreddit all said the same exact thing.  Being a beginner in this, I don’t have cash I can just offer same day, I’d have to go through hard money or find private money somehow.  But still, even that, the inventory seems too low and I find myself discouraged about moving to these states and starting a successful real estate career.  I can stay here and flip in jersey since competition isn’t too crazy, but I refuse to believe that it’s nearly impossible to go to Austin or Tampa or any of these “extreme competition” areas and start flipping.  Can anyone suggest what I should do?  

[Steven Hassett]

Hey Ryan,

I think a lot of what you have heard about the competitiveness of this market is true. Especially with on-market or Wholesaled deals here. But I bet there are a ton of doors waiting to be knocked in the Tampa Bay area that won't have any direct competition.