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Updated over 9 years ago,

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Ed D.
  • Birmingham, West Midlands
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UK house flipping question (where to find the deals)

Ed D.
  • Birmingham, West Midlands
Posted

Hello, before I begin I'd like to state that I am still very new to this, and have found the forum by reading/listening to lots of 'J Scott' who seems to be very wise, so if my question is dumb please note I am a real amateur at this stage.

Basically, I am eager to get into my first flip, and I believe I have most of the basics. However, I have searched for houses and I cannot find any which look remotely 'good'. I.e. at best they look like minor bargains rather than proper flips. 
For reference, I have searched on websites like Zoopla and all the other big ones, as well as checking repossession/foreclosure auction websites which seem to have very little in terms of actual houses.

I have been searching online for several weeks now, so maybe I am not being patient enough, but is there something I'm missing? I.e. is there some kind of 'trick' to finding a good deal in the UK? From what I gather in the US, although it certainly isn't easy, there's a  lot more resources when looking for houses - but am I just doing the house searching completely wrong?

Thank you.