Because there is a massive inventory shortage right now (driving the seller's market) this has become much more difficult / as great deals are becoming rarer and rarer.3)  Flipping:  This is also a business.  

Sorry but this is the result of low interest rates and inventory.

Stocks are a more nuanced and (to me) fear-inducing thing altogether.The way out of our current real estate escalation (if it is in the cards) is inventory increase, debt getting more expensive, or buyer demand otherwise decreasing. 

There are a ton of agents here and inventory is close to non-existent.

Our inventory in Las Vegas, NV has dropped drastically over the last 1.5 months and is still dropping.  0.59 months of inventory and we are just starting our Spring buying season here. 

I know the market is hot and the inventory is scarce.

Purchase price: $12,000Purchase this property from an wholesaler who did not want to deal with it anymore since he had to much in his inventory.

In my area we are at about 0.7 months of active inventory, so that means houses are going to sell for much more than "then comps" would indicate by themselves.

@Simon ObasAre you recording the house flipping as inventory.

I have some contacts that I can reach out to to see what inventory they have and price points if you like.Happy to have a call about the market here and see if I can help you out.