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Updated almost 7 years ago on . Most recent reply

User Stats

712
Posts
149
Votes
David Sicherman
  • Vendor
  • Lake Worth, FL
149
Votes |
712
Posts

The posted "Deals" are horrible anymore, holding my tongue.

David Sicherman
  • Vendor
  • Lake Worth, FL
Posted

Is it just me, or when you get wholesaler emails about their "Deals", or see "Deals" posted here or other forums/facebook do you want to stop looking at these posts/emails, lite your head on fire and then calm click REPLY,  type "NOT A DEAL" and push send?

Or is it just this way in my Palm Beach, Broward & Miami market?

What qualifies as a "Deal" anymore here?  In my mind 70 cents on the dollar after repairs?  All the deals I see are 90 - 95 cents on the dollar after repair.

  • David Sicherman
  • Most Popular Reply

    User Stats

    3,926
    Posts
    4,385
    Votes
    Jason D.
    • Rental Property Investor
    • St. Petersburg, Fl
    4,385
    Votes |
    3,926
    Posts
    Jason D.
    • Rental Property Investor
    • St. Petersburg, Fl
    Replied
    Its everywhere.... this is what happens when wholesaling is the new guru's "get rich quick" scheme. You get a million new "investors" thinking they have deals. I had one come across my email today that was a 2/1 and they were using the ARV for 4/2s and as part of the renovation, "just add a second story with 2 beds and a bath!"

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