Trying to trust the process BUT

[Marcello Scotto]

Hello Everyone,

The name is Marcello, I live in Staten Island, NY. Fairly new to REI, have done plenty of reading and researching about the wholesaling process but still hitting many speed bumps. I'm having issues trying to find the correct properties to execute a wholesale deal. The market tends to be extremely high in all of the neighborhoods (Nothing less than 250k if you want a decent deal).

I recently took a drive around town and took note of a few properties that caught my eye that might be contenders of a wholesale deal. But I spoke to a few people who have been involved in real estate and they haven't really heard of wholesaling before. 

Am I trying to find wholesaling deals in the wrong market?

What do I look for in the public records to find distressed properties?

If you are in the TRI-State area or NJ an input would be helpful... Actually any input would be helpful!

Thankyou,

[Mitch Messer]

Hey @Marcello Scotto. You'll feel better once you've connected with some like-minded investors at a local real estate investor association (REIA). That said, I just googled "Staten Island REIA" and I didn't get any matches specifically for Staten Island. So, maybe wholesaling isn't a big thing there. But, if you attend a Brooklyn, Manhattan or Queens REIA I bet you'll at least get some support from experienced local investors. Then, ask them what's the deal with Staten Island and they'll certainly know. Worst case, you might have to travel just a bit to find some wholesale deals!

Good luck!