Los Angeles Wholesaler

[Asiel Zermeno]

Hello everyone, 

My name is Asiel Zermeno, I am carpenter in Los Angeles who wants to pickup wholesaling real estate as a side hustle. I have a question for all you Fix & flippers in my area. What is your current BUY formula for properties in this market? When making offers I want to utilize the standard 70%-ARV-Profit formula. However, if there is a formula better suited for this market I am all ears.

New to the Wholesale game, if there is anyone who would like to network or simply offer some advice I am open to anything. 

Thank you all