New to Bigger Pockets Philly

[Michael Hanley]

hi im semi new to house flipping i have tried it three times and have not been very happy with the last two results. my first flip was an estate from a friend so it was a homerun. after i tried buying cheap houses on the mls listings but didnt have enough of a profit margin to get rid of it fast enough. my question i am serching for an answer is where and how can i buy houses cheaper like fifty thousand cheap? i have the capital i just need the knowledge

[John Moore]

Welcome aboard. The houses on MLS that you are looking at are they foreclosures? In my area certain Realtors handle the bulk of the foreclosure listings and you should attempt to establish a relationship with one, so they call you when one meets your criteria. I've seen comments that suggest spending more time on the computer and less time driving around and I believe that to be a good suggestion. Again welcome to the new norm.