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Updated over 9 years ago on . Most recent reply

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Alexi Polenur
  • Investor
  • Baltimore, MD
0
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5
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New member from Baltimore, MD

Alexi Polenur
  • Investor
  • Baltimore, MD
Posted

Hi All,

My name is Alexi, I live in Baltimore County for past 17 years. Originally from Kiev, Ukraine.

I decided to try myself in flipping this year. Still have a lot of things to learn, but already moderately successful.

The problem is that I have trouble finding good properties in Baltimore County. I cannot find properties which meet "70% rule". If I bid using "the rule" I get outbid. Seams that a lot of professional flipping crews are working in the area and good houses get snapped first day they come to marketI mostly look at REO at MLS.

Would like to learn  more on how I can find better properties.

Perhaps get to  know some good wholesalers.

Move to different area in Baltimore city or around it, where I will have less competition.

Any advice is welcomed :)

Thanks, Alexi

Most Popular Reply

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16,433
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Ned Carey
  • Investor
  • Baltimore, MD
12,718
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16,433
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

@Alexi Polenur welcome to BP!

You've gotten good advice above. There are times when MLS deals are easy to find and there are times when it is quite competitive. Trust me the deals are out there. You just have to look or NEGOTIATE harder.

One of my Rules of thumb:  Good deals aren't found they are negotiated.

  • Ned Carey
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