I get more than 6% sometimes on my deals.The brokers/agents going out of business has been touted for decades and it still hasn't happened.On flips when the market was hot any idiot could buy a property and make a ton of mistakes.With everything rising they could still most of the time eek out a profit.If they really knew what they were doing they could hit a grand slam.Today you have to do everything perfectly to preserve your margins.You have to go after properties that regular home buyers can't get financing on or are too ugly for them to want.Investors looking to buy paint and carpet only jobs to flip are looking for a needle in a haystack.I don't deal with wholesalers much when I list an REO or a commercial short sale.All they want to do is collect a fee.When I list it the bank and or the seller in pre-foreclosure knows I can easily find them an actual buyer who wants to own the property for awhile and does not need a wholesale price.The bank doesn't care about the wholesaler trying to be a middle man.The bank wants the highest net and so does the seller in pre-foreclosure usually to reduce their 1099-C phantom tax potential.My friends that flipped during the hot times form years ago are now doing development projects redoing downtown warehouse spaces for conversions using government grants etc. to offset costs.They aren't really playing in the residential flip market anymore because of higher risk now and lower profit margins.

How many stock investors do you know who can tout such consistant returns?

But he has been much lower key with his marketing: I only received one e-mail from one guru touting his product.

They are touting "the opposite of what is taught".Rather than find the deal and search for a buyer they say we have 150k Cash buyers.

Great response jawsette, I agree.Wholesaling is often touted as the "easy street" to wealth.

I had the actual numbers in post several months back but this figure is close to what they touted when City Center opened.

It's the risk that is involved in being an investor purchasing sub to.If someone is actually touting the above scenario is an actual exit strategy, then that person has no business in this industry.

I see a comment on here touting "investors" who did a deal with an investor and lost their house in foreclosure. why?

Fields like medical bill coding (or IT, back in the '90s) are touted as the next big thing, people spend money on schooling, and then the jobs are gradually outsourced or filled with H1Bs instead.

So touting success stories of those who rode the bubble is no indication of the future. the realities of the "new" economy should in itself be an indication that cash flow investing should be even more desirable now, as appreciation will not be achievable in the way it was 5 years ago.