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re: Is Real Estate Investing a smart strategy right now?

Posted on 1/21/15 at 6:02 pm to
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167885 posts
Posted on 1/21/15 at 6:02 pm to
quote:

Yeah, I am finding that inventory is low, and I am putting in 30-40 offers a month right now with the hopes that I get 1 under contract with a price that is under market value in order to turn a nice profit.


It's going to be really hard to snag a good flip property this way. All of the good deals get bought by realtors or clients they have sold numerous investment properties to before the general public knows about them. You need to get more creative if you are trying to get into flipping.
This post was edited on 1/21/15 at 6:39 pm
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