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Updated 2 months ago on . Most recent reply

User Stats

1,286
Posts
308
Votes
James McGovern
  • Flipper/Rehabber
  • Bloomfield CT
308
Votes |
1,286
Posts

Gurus are ruining the narket

James McGovern
  • Flipper/Rehabber
  • Bloomfield CT
Posted

I grow increasingly frustrated with gurus suggesting that newbie's enter the flipping business as it is over saturated. Hard to aquire properties at reasonable prices 

Most Popular Reply

User Stats

364
Posts
620
Votes
Cornelius Garland
  • Real Estate Consultant
  • Charlotte, NC
620
Votes |
364
Posts
Cornelius Garland
  • Real Estate Consultant
  • Charlotte, NC
Replied
Quote from @James McGovern:

I grow increasingly frustrated with gurus suggesting that newbie's enter the flipping business as it is over saturated. Hard to aquire properties at reasonable prices 


Sounds like you're gatekeeping. I highly doubt the influx of new investors is the primary factor why you're unable to acquire deals at reasonable prices. At some point, we all had to enter the real estate market, and I'm certain when you were new there was an experienced flipper saying the same thing you're saying now. 

What's the alternative? Do we not want people to follow their dreams and change their lives for the better?

The camaraderie in the Biggerpockets' community has gone downhill significantly since I joined in 2015. Everyone seems so bitter and jaded these days.

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