Trying to answer to million dollar question of SFR flips

[Jonathan Orr]

OK, before I jump in.  I was to preface this with this is purely out of curiosity and research....

I am on the track to nail down the answer of how people find SFR homes to flip in today's current market. Yes I know more than half of you probably laughed at that statement because either you have the secret and refuse to tell anyone, or you don't want to admit it but you want to know as well.

Reason for the question is I was talking with a SFR guy I know and we were trading war stories between his flips and my commercial side deals and I got so frustrated when I asked him how are people finding deals for flips now? Being a real estate nerd like most of us on here, even though I have not been in residential real estate for a while I try to keep my finger on the pulse of what is going on and like to learn as much as the next guy.

So....I have been determined to throw it out into the universe to see where are people finding success to finding those flips that have more than a 5% return.

I have created a survey which is anonymous.  Would greatly appreciate the feedback.  Or you are welcome to comment on this thread.  Like I mentioned, this is for research purposes and out of curiosity.

https://www.surveymonkey.com/r/99L3TGH 

Thank you for the feedback in advance.

[Brian Garrett]

The list in my initial response is the way majority of investors find their flips but your market will ultimately determine which will work best for you. All of these methods can be effective it just requires some market research. What's working for Joe Schmoe in Idaho may or may not work for Jonathan in California. Best of luck deal hunting!