Real Estate Agent · Selden, NY · Member since 2016 · 39 posts · 9 votes
I can't decide between Tampa ,FL or Orange County,Ca . I recently was told that it would be hard to wholesale in Orange County . Can someone recommend another city where the market is hot . Thank you
If you can find non MLS deal in El Dorado Hills, Cameron Park, Placerville, South Lake Tahoe for flips or even BRRRR that cash flow $100 after 50% expenses and mortgage I will be interested.
I think you can wholesale anywhere there is demand. In terms of best, I think it's more about best for you. Is there a market where you have a competitive advantage? Boots on the ground to go to seller meetings?
I can't decide between Tampa ,FL or Orange County,Ca . I recently was told that it would be hard to wholesale in Orange County . Can someone recommend another city where the market is hot . Thank you
Hi Chris,
If you are interested in pursuing real estate full-time, then you may want to go ahead and get your real estate license and try selling homes locally. Your up front marketing expenses are going to be about the same as if you were wholesaling houses, however you are guaranteed to make 2-6% of the sales price and generate ongoing business. Wholesalers have to realize that a license is what separates them from brokers. 9 out of 10 times an investor is going to work with a licensed agent over a wholesaler.