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Updated 22 days ago, 10/31/2024
Where do flipper get their deals from?
Question for experienced flippers: Where do you find your deals?
I'm a new flipper based in San Diego, CA. I started last year and have completed three successful projects with 30% returns before tax within 3-6 months. I'm motivated to go all-in on flipping and currently source all my deals from the MLS and Zillow, focusing on properties in the $1.5M - $2M range. However, after a couple of months of searching, I haven't found anything promising recently. This makes me wonder—where do you find your best deals?
I've heard some people rely heavily on the MLS, while others use wholesalers, pocket listings, etc. What's been your experience with these different channels? Does the effectiveness of each vary by location? Any insights specific to California or San Diego?