Am i the only one thinking like this?

[Tom Linnik]

Hey guys, i dont post much but just decided to ask. Im only 22 but was doing flipping for past 4 years for investors and now am a project manager at a local commercial contracting company. I flipped several properties with a partner, full gut rehabs in south philly, not lip stick flips. Anyways, i have 2 that are finishing up soon. 

Im not saying deals arent out there, we are at the point where we have good relationships with realtors and  wholesalers that know we can close. But isnt it just so crowded now? Everyone seems to want the low hanging fruit, the "i am super interested in getting into multifamily investing and house flipping" people seem to be just crawling all over the place. Am i wrong for thinking to sit back and just keep saving money from a few flips a year and working at my job? I cant stand listening to every other person i talk to say they are thinking about or getting into house flipping and multi family investing when they've never even been through the process. Im not saying i know alot, i know nothing. But ive busted my butt as a contractor and built relationships with investors for a few years before they started lending me the money to flip. They knew i could pull off a flip start to finish. And i have. But is anyone thinking of slowing down or putting this on pause and doing something else or its just me? I know that if your doing what everyone is doing or chasing the trend it wont turn out well. 

Let me know your thoughts. Im just trying to see if im the only one thinking like this...

[Mike B.]

Tom Linnik deals are definitely tighter and “great deals” are few and far between. I have a regular job and do real estate on the side. I just got another rental that needs work which is being done now to rent by this summer. But after that I will only wait for another good deal. I agree in the meantime saving money is good until you find “the good one” to buy. Real estate over the long haul is a great way to make extra income, but taking a break now, you might miss out on 1-2 great deals. So I would say “take a break” for a few years but I would say you can do it at a more relaxed pace.