Unless maybe that is counting people's $1M residences. or average price of homes in Austrialis is probably 1 mil or more. at least in the big cities

I would not get advice on this from people here also realize a LLC in California has some really hefty fees per year so something to consider 

Also, people who are motivated to sell quickly may find there are buyers who want to buy quickly, and at a discount.  

Hi I'm gege new to the site starting the Wholesale investment and need help finding seller, where should I brand myself is there an email pitch or a call pitch I can send to seller, like people in foreclosure, or bankruptcy, or late payment and where will I get the ARV, Repair Value, Offer The price that you need to get it under contract for and  where do I get the contract form and if I get a seller and a buyer how do I get a legal person to handle all the paper work for closing.

Without a doubt many people are still crushing it because they have a strong network and build great systems over time doing the same thing over and over again aka FOCUS!

The people that run these companies usually come from an "investment banking", real estate, or construction background.

I know its mean to say that people who do their own contracts get what they deserve, but you must know that if you are paying a couple hundred thousand dollars for something it just might have been worth spending $600 on a lawyer to do a proper contract for you.

Just had a quarterly Bank advisory meeting for small towns and areas  All technical people are Harding to get.  

People are looking to live smaller or some are being forced to live smaller, hence the insane growth in apartments and storages.

And what you've also seen is people that were renting 3 bedroom cabins are now deciding they can get by with the smaller one and two bedroom cabins.