Help: Acquisition Slump

[Account Closed]

I’ve been flipping/developing for 6 years in the Minneapolis area. However, I’m currently in the midst of the biggest acquisition slump of my career. I’ve always been diligent with my mailings, but in this (unsustainably?) appreciating market there simply is someone willing to pay you more than I am for your property. I know I need to evolve with the market, but I have a very hard time not sticking to the model that’s worked for me over the years. The way I conduct my business, I could absorb a market pull back. I sleep well at night with this strategy, but I can’t honestly say it’s not frustrating striking out so frequently. As odd as this may seem, I almost found things easier in a softer market a few years back. My local market feels saturated with guys doing the exact same thing as me. I’ll hang up and listen.