Absolutely take advantage of the resources the website provides for free and don't be afraid to ask any questions as they come up.

I’ve already dropped the price once and I’m afraid I’m going to have to drop it again.

Hey @Juan Acevedo First off i do not confuse fact with opinion, If you have a good system and are good at your craft you can definatly make money in los angeles flipping and or wholesaling, never be afraid of competition you should embrace that and create a system to be part of that competition thats what makes this all so fun, not everyone can do it, me personally i love the La market as soon as i get a house completed i have multiple offers in the first couple weeks and i can care less about the competition, i focus on my structure that works for me, If you can make it in La you will find many other areas easy, I'm not far from you if you like you can come visit one of my flips and gain a little experience, i have a couple SFR's i purchased in the La area I'm almost complete with the rehab, good luck to you.

Are you afraid of misrepresenting yourself to investors who already gave you money?

In 2011, I moved to Switzerland and decided to stay for a couple of years returning in 2012.

Don’t be afraid to niche down.

I’m afraid whomever told you this is far too light with their budgetary numbers.

While they try to dress it up by trying to reassure the consumer, the fact is people are afraid.

Trust me, these kids are much more afraid of their parents that they are the chapter or alumni.

agree with the other comment, different markets are doing different things. also, "be greedy when others are fearful." what people might be afraid of is, lots of commercial ARMs coming up on their rate adjustments, & the new rates (compared to 5y ago when they first purchased) will kill their cashflow, so they'll sell, and if everyone is doing this at once, supply might outweigh demand, everyone has to sell for less than they planned, and everyone who hangs on to their similar properties gets to recalculate their estimated mkt value with the new going cap rates. i don't personally think this is going to cause as insane of a shift as some people do, but it's all speculative, we won't know til it happens. if you can find a deal that pencils with 30y fixed debt, do it.