My current opportunity is a deal that consists of 2 SFR properties.

1) Get your ARV2) Multiply ARV by 70% - 75% to get your max project cost number3) Get a GC or someone with a good eye and walk the property and get a comprehensive budget together.4) Subtract the budget from the max project cost and that's your max offer/purchase price

If you do not have to make a payment each month, that alleviates the consistent outflow of cash and enables the borrower to focus on the renovations and completing the project as efficiently as possible.

Our trainees can multiply their earning capabilities with us x3 or x4, as we teach holistic real estate, and how to get into real estate investing by utilizing multiple simultaneous very lucrative strategies, not just wholesaling. 

Demand is consistent and reliable, especially near big and good schools in nice cities.

That is why I only ask yes or no questions which are the same ones I go over the phone to look for consistency. 

., Here are a couple of thoughts/questions/ideas, hopefully they can help:- There may be more to the story around the STR and details we are unfamiliar with, but to me it starts with questions around "why is your STR not turning a profit consistently?"

Occupancy rates have been consistant for the past two years at 90-95% - similar to what Justin describes.Reach out to Mike Kenner at Duck Creek Realty on your site visit.

Cash-flowing real estate is more consistent for income purposes unlike stocks in #2.

Wholesaling in SoCal can be tough....i haven't found the competition factor a set-back yet..if your really out in the streets, knocking on doors, at your court houses, county buildings consistently you find there are not as many wholesalers as you may think actively wholesaling.....there are quiet a bit of people talking and wanting to get in...i use the county buildings and the court houses for my leads...there are some really great untapped resources and tons of different types of leads you can get from those two places...and of course I have not discovered anything brand new...im just realizing the sucess is in the fight and how hard you want it...when i found out about these two sources i started to pull data from them and let me tell you it was overwhelming...but it was a gold mine...before i made enough money to pay someone to do this for me....i had to spend hours and hours and hours daily scrubbing data....finding address and owners names...etc...i have a system now and it runs smooth...i find some really great deals throughout LA County and Riverside County...I have 2 cash buyers that have bought all my deals...thats another important thing find real cash buyers...when i first started out i didnt have real buyers and i found out other wholesalers were acting as cash buyers just passing my deals on and on and it became a daisy chain leading to no where...Anyway i love wholesaling and i could type all day..if you want some creative ideas to find properties PM me....but dont give up...and don't let anyone discourage you about SoCal...its tough and it will literally make you cry....lol but its great place to start wholesaling...if your willing to put in the work...