Frustrated Houston Newb

[Frank Gamez]

Is there anyone in the Houston area that is flipping houses in this economy/stage in the cycle? I see a ton of wholesalers posting their deals left and right but is anyone flipping their deals and making a profit? The numbers don't seem to be working for me. Just curious to know if anyone else is seeing this trend. I've analyzed about 50-60 deals in a 2 month time span, and I'm starting to think that maybe I'm not running my numbers right?

[Danielle Scott]

I've also had wholesalers send me deals that don't make sense at all with bogus over inflated ARVs. After doing the #s it was a 90% ARV "deal".