Is wholesaling in inflated markets realistic or possible?
Hi, I live in the Washington, DC Metro area and am getting ready to launch a direct mail campaign for tired landlords and homeowners with equity.
Of course, I'm having some apprehensions about it and the money I plan on putting into marketing.
Is wholesaling property in inflated markets like DC/MD/VA and other major cities realistic? I know there are folks everywhere who end up in extenuating circumstances (moving, divorces, etc.), however, it seems like the market here is good enough that people wouldn't have to resort to selling property at a deep discount.
Any thoughts of folks in these type of markets and the experiences you've having would be great. Thanks!