I heard for the first year or two income is scarce and it takes time to get the flow of money and that’s where a lot of people give up.2) Finding new deals in this highly competitive market in California seems tough, especially for high prices, how to catch good prices like the old times when prices were cheaper and fewer investors were around?

@Aaron K.The sellers are experienced wholesalers, yes they may have intentionally priced lower than the true value to increase competition.

At the advice of my agent, I don't have an appraisal contingency, which is common in NYC's hyper-competitive market.

It's cool to see in such a booming city that no doubt has a lot of competition you guys are finding ways to invest and make money.

Competition and tough situations will only build character right? 

Answering this question is quite simple.They sell their house, now they have to buy another house in the same extremely competitive market they just sold in.So many of my neighbors are selling and "upgrading" their homes because it's a great time to sell, BUT it's not a great time to buy.

Aside from the market being extremely competitive, I also think I miss calculated my net income from the sale of my house. 

I charge what my main competition charges. 

Super professional and competitively priced. https://www.leaseaz.com/?

18 years old, hungry, and ambitious, heavy passion for real estate investing.