Really Tuff to Find A Deal In Southern Cali?

[Chris Gawlik]

Is any one else trying to flip in Southern California, having trouble finding a deal can't seem to find one. I'm making many offers on the mls if i get any action at all its a high counter offer and i cant take the risk to make 10K to 12K i need at least a 20K spread because im using hard money.

Ive been moving towards the auctions and even there it seems like these big company's are paying way to much for these deals. There must be a lot of people holding these properties is all i can think of. My comps are dead on too i make sure to check my mentors and ask them there opinions on my analysis and they say there having trouble picking up deals also.

Whats going on, is the game changing in Cali? Any one else have any opinion on this? Thanks guys.