Fixing and Flipping in CA

[Steven Roffer]

Hello out there:

I'm a newbie just educating myself about possible RE directions here in CA and I wanted to get your feedback about one possible direction:

One of the things I have at my advantage is a very close relationship with a top broker here in LA. He owns a company with over 800 agents in 13 offices. I'm pretty sure he can find me properties before they hit the MLS and other good deals, with the intention to fix and flip. I also have a very close relationship with a top contractor that I can trust and will probably do top quality work reasonably.

So for those reasons, I'm thinking of fixing & Flipping here in CA. I had a conversation with a financier yesterday who told me these two factors give me a leg up over other flippers, and I could learn from the agent and contractor. 

What do you think?