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Updated about 10 years ago,

User Stats

161
Posts
64
Votes
Tim G.
  • Flipper/Rehabber
  • Miamisburg, OH
64
Votes |
161
Posts

Struggling to find next property

Tim G.
  • Flipper/Rehabber
  • Miamisburg, OH
Posted

I purchased my first property to flip back in February.  Search for my success story to see how it worked out! (hint: I want to do more!)

For the last 2-1/2 months I've been trying to find my next property to flip. I have a good RE agent that is knowledgeable on investment properties but we are really only searching the MLS. We've bid on probably 10 properties, which all went to multiple offers and we always get outbid. We pull comps, have a good idea of rehab costs and go in with an offer where the numbers give about $20k profit.

For the last week or so, I've been Googling Cincinnati wholesalers and have contacted about 5 or 6 people in the area so far.  Most went to voicemail and I haven't heard back.  The 1 I did get in touch with said he will keep me on his buyers list and will give me a call when he has something.  Another wholesaler I spoke to a few weeks ago is looking for cash only buyers, but I'm not to that point quite yet.

Just looking for suggestions on other avenues I can try or if there are any people here that have contacts.

Thanks!!

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