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Updated over 5 years ago on . Most recent reply

Wholesaling in LOS ANGELES? DEAD?!?
Hi y’all-
My partner and I are brand new to this-
We (stupidly) invested in an expensive “training” program and “mastermind” of people to learn how to wholesale.
They all said to “start out where you live”
Well-
We live in LOS ANGELES.
We have been at this for a couple months.
Spent thousands on mailing-
And deal machine- and bandit signs. And cold calling.
And we have gotten literally ZERO response from sellers.
Buyers we can get all day- but that’s the easy part it seems. Why not have a bunch of slaves working the streets for you- and sending you deals right?
Well- after all is said and done I have spent all my savings trying to break into this business full time.
And I’m pretty bitter.
Does ANYONE have any luck wholesaling in LA?
Most Popular Reply

Danny,
Yes, I know at least 2 that are in LA/Orange County making it work. That said, its a VERY tough market, like most higher end CA markets. They seem to focus on the east side, and older homes/aging population areas. The two I know do speak spanish, which helps in certain pockets of town.
CAN wholesaling work anywhere? Even NYC or LA? YES
Is it exponentially harder and more expensive than in a cool/non-sexy market? YES
Where do you go from here? How many months did you mail? By zero response, you had NO calls from sellers?
- Anson Young
- Podcast Guest on Show #235