Finding fix and flip deals, cold calling and other things

[Anthony Lynch]

Hi all. Wanted to see people’s opinions here. Always see great opinions and great advice on here and just wanted to see if people experience similar issues starting out looking for off market. My business partner and I have started to looking for deals for fixing and flipping sfh. Both of us have pretty good experience rehabbing from past properties and work. We’re looking for off market deals through various channels like sending out postcards, cold calling and networking with wholesalers. Nothing seems to be really working. We have been looking for the past 7 months. Cold calling, we must have went through over 3k leads from 2 areas on cold calls. Repeated postcard sending also. Wholesalers send deals but 20 other investors are bidding for smaller margins. Real estate agents are similar. What probably doesn’t help also is that we will be using hard money which eats into profits and so getting that better deal seems to be harder compared to investors that have cash. Wanted to see if others had this type of struggle initially searching for off market deals? Is it something that clicks after some time of trying? Also I’m looking in the Northern California region near concord area. Both of us still very driven to get our first deal but wanted to see if it is something people go through initially and when did they land their first deal. Thanks all in advance.