How Many Do You Look At? Looking For Wholesale Deals Chicago S and SW Burbs

[Jeff Valentino]

Hi All,

I'm looking for fix and flips to retail buyers and am on quite a few wholesaler "lists" but don't believe I've come by a good deal yet. Most overestimate ARV while at the same time underestimating rehab costs. I'm just not seeing the spreads to put my partners or my money at risk.

I guess this could be the competitiveness of the market combined with flipping being so popular again but I don't see how these guys could be getting many repeat buyers with the deals I'm being sent. Maybe I'm missing something though.

How many deals even from wholesalers do you look at before finding a good one?

Thanks-Jeff