Quote from @Ell Jay Lindsey: Quote from @Jay Hinrichs: Quote from @Travis Biziorek: The only answers here are you need different markets or better deals.That said, if you're executing a true, full BRRRR it's a bit unrealistic to expect to get much cash flow after the fact. 

I’ve even seen 0% a few times and those properties have not sold on the MLS, they turned into expired listings/ FSBOs and have still not sold (unrealistic sellers obviously).

Take your time, get specific, and no answer is too big or unrealistic.

I think the "stigma" around TK is that there are a lot of companies out there that slap lipstick on a pig, market it with BS numbers and unrealistic expectations and leave the customer in the dust after the sale.

When information provided by the “guru” is outdated, unworkable, unrealistic, or illegal2.

If my plan were to continue with OOS properties, I'm sure I'd keep searching here or just go through OCF...but I made the decision to stick with my local area and a few overseas locations.It's also important to be realistic about what kind of return you will be getting with a TK investment....Anything in double-digits is unrealistic for any TK, IMO. 4-6% return is more realistic. 

People say there are deals everywhere but it seems unrealistic to be pursuing deals that 5 other wholesalers are trying to get under contract too seeing as I am just starting out and haven’t dove deep into creative financing/other ways to close on deals.

Can't tell you enough how many inaccurate (always high side) current rent estimates and unrealistic rent growth rate projections I've heard/read and suffered from. 2) Have mental and $ reserves - you have to accept that "stuff" will happen.

Don't allow financing or a finance contingency (it can be a good indication they are selling above market value) Don't allow for your own independent property inspection Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors) Require you to pay for any renovation upfront Sell only in cheap. low end neighborhoods Don't accurately represent the neighborhood/property classification Don't have consistent rehab standards for all properties Don't provide a scope of work for the property Can't provide references of repeat investors

Personally, I think the 2% rule is unrealistic if you are going through the traditional means.