Wholesaling dead in Northern Nevada?
I am new to wholesaling and am about to make my first order of signs and leads. Today, I spoke with the host of the local REI club, who is a realtor, and he all but told me not to bother. He said that our area has been so ravaged by the recession that finding a seller with equity is just not going to happen. I asked how this was different than any other cities and he said the Reno area was just hit harder than most. Despite being a very nice guy I got the feeling he was looking down his nose a bit at me and my naiveté.
This news took the wind out of my sails a bit. Before I invest $$ in marketing tools I was hoping to hear from any of you that have been successfully wholesaling in this market. Thanks for your replies!!