I have found a good new granite guy while he just opened up and gave him business in this competitive field.

I believe there are deals to be had but they are hard to find and this area is competitive.I think you'd do good in an area like Baltimore - it is competitive because the barrier to entry is lower than trying to invest in DC.

If the place was close to a deal at list there would be a lot of competition and thus again hard to wholesale at a reasonable price.Best luck with MLS is old stuff where they might take a discount.

The competition is high so you need to be ready to go when you find a deal.

I guess having a local warehouse will save on shipping, assuming I can find a truck :) But the big box store truck rental will be a lot less for a few hours than shipping costs on heavy flooring.

However to be as successful as you are it takes a commitment drive and some smarts...In many markets 20k on a flip is a very good day I know a lot of people talk about 40 to 60 to 100 but those are far and few between in our ultra competitive market..

I just did a post on my BP blog where I used the recent Pinal County Arizona tax lien auction results with my added data of Property Type to show how to analyze your competition for better results.I did it as a blog post since it is too long for the forum.

I agree with the folks that say you need to check the local competition and see if it is worth it.

Over time whatever heavy cash outlay you lay out will get absorbed into this ratio and it should be included.

So for me I shifted to a market just outside Orlando that has much better numbers (I probably should have been buying there earlier looking back).Flips in Orlando are getting more competitive as well, but easier to sell as retail buyers are entering the market in bigger numbers.