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All Forum Posts by: Edward Hayes

Edward Hayes has started 2 posts and replied 12 times.

Post: No inventory

Edward HayesPosted
  • Investor
  • Davidson, NC
  • Posts 13
  • Votes 2

My current strategy is buy and hold but if a good fix and flip came along I definitely look at it.  Problem is I have seen either really. I've put in a few offers and counter offers but haven't had any positive feedback.  It's almost like what I experienced before the crash when everyone was offer arv as aneeded asking price and I couldn't buy anything then either.

Post: No inventory

Edward HayesPosted
  • Investor
  • Davidson, NC
  • Posts 13
  • Votes 2

Is anyone else out there finding that there's no inventory out there?  For the past month all I've been looking at are properties that need major renovation but priced as if they were turnkey.   Even the few wholesalers that bring me deals have nothing.  I haven't looked for properties at the start of summer before so I'm wondering if this is a seasonal trend or if the market is just going to become extremely difficult to find those gems.   I only purchase properties in the Charlotte/ Concord/Kannapolis area so it may also be just a regional thing and other areas may be inundated with great properties and I may need to expand my area.