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Updated over 11 years ago on . Most recent reply

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Sarah Jones
  • los angeles, ca
4
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223
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craigslist success stories

Sarah Jones
  • los angeles, ca
Posted

I just wanted to start this topic to see if anyone has any success stories they would like to share of finding deals from criaglist.. So far i have found none but any success stories would be great.. For flipping, subject to, any kind of deals at all..

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1,493
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James H.
  • Investor
  • Fort Worth, TX
450
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1,493
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James H.
  • Investor
  • Fort Worth, TX
Replied

I bought my rental from a wholesaler - found it on CL. Paid 12K and rehabbed for 12K. So, 24K all in and is rented for 550/month with great tenants. I see comparable deals on CL occasionally, but am financially drained from the first deal for a while. I see CL as a place to basically see wholesaler listings all together in one place. They are not all there, but a lot, if not most, are. Keep in mind, just because a property is being sold by a wholesaler does not make it a good deal. In fact, most of the time its not - just the nature of the real estate beast. Most deals aren't good deals.

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