Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago on . Most recent reply

User Stats

146
Posts
64
Votes
Dave Charron
  • Investor
  • Syracuse, NY
64
Votes |
146
Posts

When it rains it pours! 3 Properties under contract!

Dave Charron
  • Investor
  • Syracuse, NY
Posted

The market here in Syracuse is a little tighter than in years past and while there are some properties for sale, they have been selling for 5-10% more than I am willing.  I don't know whether to attribute it to more flipping competition or guys willing to work for less.  It doesnt help that the Than Merrill/Fortune Builders flipping class ads are on the radio and tv around the clock.  Just recently I saw another man and woman pushing there flipping class on tv too.  

I probably looked at 15 properties and made offers on about 7 in November, December and the first couple weeks of January with no luck in getting anything under contract.  It was very frustrating and I think I was wearing out my agent!  Also, I use my own employees and If I didnt get anything soon we would be out of work.  Well things started coming together a couple weeks ago and I now have 3 properties under contract to flip.  I should close on one next week and the other 2 mid month.

Just shows persistence pays off!  

Most Popular Reply

User Stats

3,034
Posts
2,019
Votes
Brian Garrett
  • Real Estate Investor
  • Palm Beach County, FL
2,019
Votes |
3,034
Posts
Brian Garrett
  • Real Estate Investor
  • Palm Beach County, FL
Replied

Awesome man congrats on being persistent and good luck with the deals!

Loading replies...