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Updated over 4 years ago on . Most recent reply

Frank Gamez's profile image
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Frank Gamez
  • Member since Mar 27, 2018
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Frank Gamez's profile image
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Frank Gamez
  • Member since Mar 27, 2018
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Frank Gamez
8
Votes |
23
Posts
Houston Real Estate Forum

Frustrated Houston Newb

Frank Gamez
Posted

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?

Houston, Texas
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Danielle Scott's profile image
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Danielle Scott
  • from Houston, Texas
  • Member since Sep 9, 2010
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Danielle Scott's profile image
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Danielle Scott
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Danielle Scott
  • Houston, TX
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Danielle Scott
  • Houston, TX
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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".

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